Procore Technologies, Inc. (PCOR) director sells 23,078 shares
Rhea-AI Filing Summary
PROCORE TECHNOLOGIES, INC. director Kevin J. O’Connor, through the Kevin J. O’Connor Revocable Trust U/A DTD 06-13-19, reported selling 23,078 shares of common stock on August 3–4, 2026. The sales were reported as open-market or private transactions executed under a 10b5-1 plan dated March 13, 2026, at weighted-average prices within ranges from $53.16 to $56.24 per share. A separate line item shows direct ownership of 21,344 shares of common stock as of August 3, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 23,078 shares
Net Sell
5 txns
Insider
O CONNOR KEVIN J
Role
Director
Sold
23,078 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F6, F3 | 7,692 | $54.98 | $423K |
| Sale | Common Stock F1, F2, F3 | 3,287 | $53.52 | $176K |
| Sale | Common Stock F1, F4, F3 | 8,167 | $55.05 | $450K |
| Sale | Common Stock F1, F5, F3 | 3,932 | $55.84 | $220K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 939,054 shares (Indirect, See Footnote);
Common Stock — 21,344 shares (Direct)
Footnotes (6)
- F1. These shares sold pursuant to a 10b5-1 plan dated March 13, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $53.16 to $53.92, 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 $54.455 to $55.425, 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 $55.485 to $56.24, 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 $54.38 to $55.25, 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.
Key Figures
Total shares sold: 23,078 shares
Sale on 2026-08-04: 7,692 shares at $54.9800 per share
Sale on 2026-08-03 (tranche 1): 3,287 shares at $53.5200 per share
+3 more
6 metrics
Total shares sold
23,078 shares
Aggregate common stock sold across reported transactions on 2026-08-03 and 2026-08-04
Sale on 2026-08-04
7,692 shares at $54.9800 per share
Weighted-average sale price for indirect trust transaction on 2026-08-04
Sale on 2026-08-03 (tranche 1)
3,287 shares at $53.5200 per share
Weighted-average sale price within $53.16–$53.92 range on 2026-08-03
Sale on 2026-08-03 (tranche 2)
8,167 shares at $55.0500 per share
Weighted-average sale price within $54.455–$55.425 range on 2026-08-03
Sale on 2026-08-03 (tranche 3)
3,932 shares at $55.8400 per share
Weighted-average sale price within $55.485–$56.24 range on 2026-08-03
Direct holdings reported
21,344 shares
Common stock held directly by Kevin J. O’Connor as of 2026-08-03
Key Terms
10b5-1 plan, weighted average price, Revocable Trust
3 terms
10b5-1 plan regulatory
"These shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
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.
Revocable Trust financial
"These shares are held by the Kevin J. O'Connor Revocable Trust U/A DTD 06-13-19."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sales did Procore Technologies (PCOR) report for Kevin J. O’Connor?
Kevin J. O’Connor, a director of Procore, reported selling 23,078 shares of common stock on August 3–4, 2026 through his revocable trust. The transactions were open-market or private sales executed under a 10b5-1 plan dated March 13, 2026 for that trust.
How were Kevin J. O’Connor’s Procore (PCOR) sale prices reported in the Form 4 data?
Each sale’s price is a weighted average price, with underlying trades occurring within specified ranges. For example, one tranche on August 3, 2026 was reported at $53.5200 per share, covering individual sales between $53.16 and $53.92, as described in the footnotes.