Procore Technologies (PCOR) legal chief reports 6,938-share insider sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Procore Technologies’ Chief Legal Officer and Secretary, Benjamin C. Singer, reported several stock transactions in the company’s common shares. He sold a total of 6,938 shares in open-market transactions on February 23–24, 2026 at prices including $50.00, $50.20, and $51.35 per share. A portion of the sales was executed under a Rule 10b5-1 trading plan dated August 13, 2025, and one trade used a weighted average price for shares sold between $50.00 and $50.81. On February 20, 2026, 4,078 shares were disposed of to cover tax obligations from vesting restricted stock units. After these transactions, Singer directly owned 64,660 shares of Procore common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,938 shares ($348,023)
Net Sell
4 txns
Insider
Singer Benjamin C
Role
Chief Legal Officer; Secretary
Sold
6,938 shs ($348K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,225 | $50.00 | $211K |
| Sale | Common Stock | 2,208 | $50.20 | $111K |
| Sale | Common Stock | 505 | $51.35 | $26K |
| Tax Withholding | Common Stock | 4,078 | $52.02 | $212K |
Holdings After Transaction:
Common Stock — 64,660 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting of restricted stock units. Shares sold pursuant to a 10b5-1 plan dated August 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $50.00 to $50.81, 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.
FAQ
What insider transactions did Procore Technologies (PCOR) report for Benjamin C. Singer?
Procore’s Chief Legal Officer Benjamin C. Singer reported selling 6,938 shares of common stock in open-market transactions and disposing of 4,078 shares to cover tax obligations from vesting restricted stock units, all occurring between February 20 and February 24, 2026.
Did Benjamin C. Singer use a 10b5-1 trading plan for his Procore (PCOR) stock sales?
Yes. A portion of Benjamin C. Singer’s Procore stock sales was executed under a Rule 10b5-1 trading plan dated August 13, 2025. Such plans pre-schedule trades, helping insiders transact shares according to predetermined instructions independent of day-to-day market conditions.
What types of transactions are shown in Benjamin C. Singer’s Procore (PCOR) Form 4 filing?
The Form 4 shows three open-market sales of Procore common stock, each coded “S,” and one tax-withholding disposition coded “F.” The “F” transaction represents shares withheld to cover taxes from vesting restricted stock units rather than a discretionary market sale.