PCOR CFO sells 814 shares at $74.35; retains 197k stake
On 21 Jul 2025, Procore Technologies (PCOR) CFO & Treasurer Howard Fu sold 814 common shares at $74.35 each, per a Form 4 filed 23 Jul 2025.
Rhea-AI Filing Summary
On 21 Jul 2025, Procore Technologies (PCOR) CFO & Treasurer Howard Fu sold 814 common shares at $74.35 each, per a Form 4 filed 23 Jul 2025. The sale was executed under a pre-arranged Rule 10b5-1 plan dated 15 Nov 2024. After the transaction, Fu directly owns 197,457 shares, indicating only a ~0.4 % reduction in his stake. No derivative security trades were reported and Fu’s executive role remains unchanged.
Positive
- None.
Negative
- CFO insider sale, even if small, can be interpreted as a modestly negative sentiment signal by some investors.
Insights
TL;DR: Small 10b5-1 sale by CFO; minimal portfolio impact, neutral signal.
The disposal of 814 shares (<≈0.4 % of Fu’s holdings) for about $60.5 k appears routine and covered by a 10b5-1 plan, limiting informational value regarding insider sentiment. Ownership remains sizable at 197,457 shares, so alignment with shareholders is largely intact. With no derivative activity or additional context, I view this filing as immaterial to PCOR’s valuation or risk profile.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 814 | $74.35 | $61K |
Footnotes (1)
- F1. Shares sold pursuant to a 10b5-1 plan dated November 15, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the sale part of a 10b5-1 trading plan?
Did the Form 4 report any derivative security transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.