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Procore (NYSE: PCOR) director to sell 1,500 shares under Rule 144

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PROCORE TECHNOLOGIES, INC. (PCOR) is the issuer for a planned sale of restricted securities under Rule 144. Elisa A. Steele, identified as a director, has filed to sell 1,500 shares of Procore common stock, with an indicated aggregate value of $94,500.00, through Morgan Stanley Smith Barney LLC on the NYSE.

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Shares to be sold 1,500 shares Common stock proposed to be sold under Rule 144 by Elisa A. Steele
Aggregate sale value $94,500.00 Total value listed for 1,500 common shares of Procore Technologies, Inc.
Acquisition date of performance shares 02/20/2022 Date tied to Performance Shares from which 1,500 shares are being sold
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Shares financial
"Common | 02/20/2022 | Performance Shares | Issuer"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
Securities To Be Sold financial
"144: Securities To Be Sold Common | 02/20/2022"

FAQ

What does the Form 144 filing mean for PROCORE TECHNOLOGIES, INC. (PCOR)?

The Form 144 filing reports that director Elisa A. Steele intends to sell 1,500 shares of PCOR common stock under Rule 144, indicating a planned disposition of previously restricted or controlled shares through a broker.

How many PROCORE TECHNOLOGIES, INC. (PCOR) shares are covered by this Form 144?

The notice covers a proposed sale of 1,500 shares of PCOR common stock. These shares are associated with Performance Shares dated 02/20/2022 and are planned to be sold under Rule 144 conditions.

What is the approximate value of the PCOR shares in this Form 144 filing?

The filing lists an aggregate value of $94,500.00 for the 1,500 common shares to be sold. This implies an indicated value of about $63 per share, though actual sale prices may differ when transactions occur.

Who is selling PROCORE TECHNOLOGIES, INC. (PCOR) shares in this Form 144?

The seller is Elisa A. Steele, identified as a director of PROCORE TECHNOLOGIES, INC. The filing states the securities are to be sold for her account under Rule 144 through Morgan Stanley Smith Barney LLC.

What type of PCOR securities are being sold and how were they acquired?

The securities are common stock of PROCORE TECHNOLOGIES, INC., identified as Performance Shares acquired from the Issuer on 02/20/2022. A total of 1,500 shares from this grant are planned for sale.

On which market will the PROCORE TECHNOLOGIES, INC. (PCOR) shares be sold?

The Form 144 notes that the 1,500 common shares of PCOR are intended for sale on the NYSE. Morgan Stanley Smith Barney LLC Executive Financial Services is listed as the broker handling the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature