STOCK TITAN

Procore (NYSE: PCOR) CLO sells 3,942 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Procore Technologies Chief Legal Officer Benjamin C. Singer reported an open-market sale of company stock. On May 29, 2026, he sold 3,942 shares of Procore common stock at $50.00 per share.

The filing states that this transaction was made under a pre-arranged Rule 10b5-1 trading plan dated August 13, 2025, indicating it was scheduled in advance. After the sale, Singer still directly owns 96,723 shares of Procore common stock, so the sale reflects only a small portion of his overall holdings.

Positive

  • None.

Negative

  • None.

Insights

Pre-planned, modest insider sale with large remaining stake.

The reporting shows Chief Legal Officer Benjamin C. Singer executed an open-market sale of 3,942 shares of Procore common stock at $50.00 per share. This is classified as a straightforward sale of non-derivative shares, not tied to option exercises.

A key detail is the footnote that the sale occurred under a Rule 10b5-1 trading plan dated August 13, 2025, suggesting the trade was pre-scheduled rather than opportunistic. After the transaction, Singer still holds 96,723 shares, so the sale represents a relatively small fraction of his position visible in this filing.

For investors, this looks like routine portfolio management by a senior executive rather than a shift in sentiment. The absence of derivative positions in the derivative summary reinforces that no options or similar instruments were exercised or altered here.

Insider Singer Benjamin C
Role Chief Legal Officer; Secretary
Sold 3,942 shs ($197K)
Type Security Shares Price Value
Sale Common Stock 3,942 $50.00 $197K
Holdings After Transaction: Common Stock — 96,723 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 3,942 shares Open-market sale on May 29, 2026
Sale price $50.00 per share Price for common stock sold
Shares held after sale 96,723 shares Direct holdings following transaction
Net shares sold 3,942 shares Net-sell direction from transaction summary
Rule 10b5-1 regulatory
"Shares sold pursuant to a 10b5-1 plan dated August 13, 2025."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Singer Benjamin C

(Last)(First)(Middle)
C/O PROCORE TECHNOLOGIES, INC.
6309 CARPINTERIA AVE

(Street)
CARPINTERIA CALIFORNIA 93013

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PROCORE TECHNOLOGIES, INC. [ PCOR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer; Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026S3,942(1)D$5096,723D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares sold pursuant to a 10b5-1 plan dated August 13, 2025.
Remarks:
/s/ Benjamin C. Singer06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Procore (PCOR) disclose for Benjamin C. Singer?

Procore disclosed that Chief Legal Officer Benjamin C. Singer sold 3,942 shares of common stock. The transaction was an open-market sale at $50.00 per share, reported on a Form 4 insider trading filing.

How many Procore (PCOR) shares did Benjamin C. Singer sell and at what price?

Benjamin C. Singer sold 3,942 shares of Procore common stock at $50.00 per share. This open-market sale reduced his direct holdings but left him with a substantial remaining stake.

How many Procore (PCOR) shares does Benjamin C. Singer hold after the sale?

After the reported sale, Benjamin C. Singer directly holds 96,723 Procore common shares. This indicates the 3,942 shares sold represent only a small portion of his total reported ownership.

Was Benjamin C. Singer’s Procore (PCOR) stock sale made under a 10b5-1 plan?

Yes. The filing notes the 3,942-share sale was made under a Rule 10b5-1 trading plan dated August 13, 2025. Such plans pre-schedule trades, reducing the significance of trade timing.

What role does Benjamin C. Singer hold at Procore (PCOR)?

Benjamin C. Singer is Procore Technologies’ Chief Legal Officer and Secretary. His Form 4 filing reflects personal insider trading activity in Procore common stock associated with this executive role.