Procore controller Fleming sells 16,852 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
At Procore Technologies (PCOR), SVP, Corporate Controller William Fred Fleming Jr. exercised options for 5,228 common shares at $12.22 per share on November 9, 2026, and sold 16,852 common shares that day at a weighted average price of $76.5700. The reported sale prices ranged from $76.5601 to $76.59, inclusive. He held 2,324 options directly after the exercise. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Fleming William Fred Jr
Role
SVP, Corporate Controller
Sold
16,852 shs ($1.29M)
Approx. gross sale proceeds
$1.29M
Approx. exercise cost
$64K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2 | 5,228 | $12.22 | $64K |
| Exercise | Common Stock | 5,228 | $12.22 | $64K |
| Sale | Common Stock F1 | 16,852 | $76.57 | $1.29M |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,324 options (Direct);
Common Stock — 91,049 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $76.5601 to $76.59, 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.
- F2. 1/4th of the shares subject to the option vested on June 04, 2019 and 1/48th of the shares subject to the option vested monthly thereafter, subject to continued service through each applicable vesting date.
Key Figures
Options exercised: 5,228 shares
Exercise price: $12.22 per share
Common shares sold: 16,852 shares
+3 more
6 metrics
Options exercised
5,228 shares
November 9, 2026; options exercised for common shares
Exercise price
$12.22 per share
Options exercised on November 9, 2026
Common shares sold
16,852 shares
November 9, 2026
Weighted average sale price
$76.5700 per share
Sale on November 9, 2026
Sale price range
$76.5601 to $76.59 per share
Prices for shares sold on November 9, 2026, inclusive
Options held after exercise
2,324 options
Direct holdings following the November 9, 2026 exercise
Key Terms
weighted average price, vesting, Rule 10b5-1 plan
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting financial
"1/48th of the shares subject to the option vested monthly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Rule 10b5-1 plan financial
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many PCOR options did William Fred Fleming Jr. exercise?
Fleming exercised options for 5,228 common shares at an exercise price of $12.22 per share on November 9, 2026. He held 2,324 options directly after the exercise.
How did the PCOR options reported by William Fred Fleming Jr. vest?
One-quarter of the shares subject to the option vested on June 4, 2019, and 1/48th vested monthly thereafter, subject to continued service through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
