Procore Director Sells $1M in Stock Through Planned Trading Program
Director Kevin J. O'Connor of Procore Technologies (PCOR) executed significant stock sales through a pre-arranged 10b5-1 trading plan dated November 21, 2024.
Rhea-AI Filing Summary
Director Kevin J. O'Connor of Procore Technologies (PCOR) executed significant stock sales through a pre-arranged 10b5-1 trading plan dated November 21, 2024. The transactions occurred over two days:
On June 17, 2025:
- Sold 2,598 shares at avg. price of $64.84
- Sold 5,094 shares at avg. price of $65.59
On June 18, 2025:
- Sold 6,395 shares at avg. price of $66.41
- Sold 1,297 shares at avg. price of $67.26
Following these transactions, O'Connor maintains 1,169,824 shares indirectly through the Kevin J. O'Connor Revocable Trust and 16,632 shares directly. The systematic selling pattern and increasing price points suggest orderly liquidation under the 10b5-1 plan, with total proceeds exceeding $1 million.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,395 | $66.41 | $425K |
| Sale | Common Stock | 1,297 | $67.26 | $87K |
| Sale | Common Stock | 2,598 | $64.84 | $168K |
| Sale | Common Stock | 5,094 | $65.59 | $334K |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. These shares sold pursuant to a 10b5-1 plan dated November 21, 2024.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $64.75 to $64.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. These shares are held by the Kevin J. O'Connor Revocable Trust U/A DTD 06-13-19.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $65.10 to $65.95, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $65.92 to $66.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $66.95 to $67.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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