Procore Technologies Inc SEC Filings

Procore Technologies, Inc. (PCOR) chairman and director Craig F. Courtemanche reported several equity transactions. On 11/19/2025, he exercised a stock option and acquired 300,000 shares of common stock at an exercise price of $2.42 per share, then on the same date sold 300,000 shares of common stock at a weighted average price of $71.91, with individual sale prices ranging from $71.63 to $72.325.

On 11/20/2025, 20,673 shares were withheld by Procore to satisfy a tax obligation tied to vesting restricted stock units. After these transactions, Courtemanche directly owned 657,123 common shares, and also held substantial indirect positions through several family trusts and his spouse. He additionally held 633,916 stock options with a $2.42 exercise price, expiring on 11/10/2026, which vest over 60 equal monthly installments that began on February 5, 2016.

A shareholder of PCOR filed a Form 144 notice to sell 4,204 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $290,952.11. These shares were acquired as restricted stock from the issuer on 11/20/2025, with payment made the same day. The notice also discloses that the same person sold 1,036 common shares on 09/23/2025 for $77,700.00. The filer represents that they are not aware of undisclosed material adverse information about PCOR’s operations.

A holder has filed a Form 144 notice to sell 797 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE on or about 11/21/2025, with an aggregate market value of $55,271.95. The issuer has 155,469,860 shares of this class outstanding.

The shares to be sold were acquired as restricted stock from the issuer on 11/20/2025, and the full 797 shares were acquired and paid for on that date. Over the past three months, the same seller, Howard Fu, sold 814 shares of common stock for $58,884.76 on 10/21/2025 and 796 shares for $56,531.92 on 09/22/2025.

PCOR filed a Form 144 notice covering the planned sale of 300,000 shares of its common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $21,572,910. The filing indicates the shares were acquired on 11/19/2025 through a stock option exercise paid in cash on the same date. PCOR reports that 155,469,860 shares of common stock were outstanding, providing context for the size of the proposed sale.

Procore Technologies, Inc. (PCOR) director and 10% owner William J.G. Griffith reported multiple internal equity distributions involving ICONIQ Capital-affiliated funds on November 14, 2025. ICONIQ Strategic Partners III, L.P. distributed 813,479 Procore common shares, ICONIQ Strategic Partners III-B, L.P. distributed 869,213 shares, and ICONIQ Strategic Partners III Co-Invest, L.P., Series P distributed 317,308 shares, all described as made for no consideration and allocated pro rata to limited partners and the general partner entities.

Following these transactions, Griffith reports large indirect holdings in Procore through various ICONIQ Strategic Partners funds, as well as 3,279,788 shares held through family and estate planning trusts. The filing notes that the distributions relied on exemptions under Rules 16a-13 and 16a-9 of the Exchange Act and that Griffith disclaims beneficial ownership beyond any pecuniary interest.

Procore Technologies (PCOR)November 14, 2025, ICONIQ Strategic Partners III, L.P. distributed, for no consideration, an aggregate of 813,479 shares of Procore common stock to its limited partners and its general partner, which then further distributed most of those shares to its own partners. On the same date, ICONIQ Strategic Partners III-B, L.P. distributed, for no consideration, an aggregate of 869,213 shares, and ICONIQ Strategic Partners III Co-Invest, L.P., Series P distributed, for no consideration, an aggregate of 317,308 shares to their respective partners, followed by similar onward distributions by the general partner. These transactions are characterized as internal, pro rata equity distributions relying on Exchange Act Rules 16a-13 and 16a-9, with multiple ICONIQ entities and individuals expressly disclaiming beneficial ownership beyond their economic interests.

A director of Procore Technologies, Inc. (PCOR) reported multiple open-market sales of Procore common stock carried out under a Rule 10b5-1 trading plan dated November 21, 2024. On November 12 and 13, 2025, the reporting person sold several blocks of shares at weighted average prices, with sale price ranges from $75.67 to $79.42 per share, as disclosed in the footnotes. After these transactions, the reporting person beneficially owned 1,062,134 shares of Procore common stock indirectly through the Kevin J. O'Connor Revocable Trust U/A DTD 06-13-19.

Procore Technologies (PCOR) insider transaction: On 11/10/2025, the company’s SVP, Corporate Controller reported exercising 2,311 stock options at $12.22 per share and selling 22,000 shares of common stock at a weighted average price of $78.77. Following these trades, the reporting person directly holds 63,309 common shares and 27,420 derivative securities (stock options).

Footnotes state the sale prices ranged from $78.73 to $78.96, and the option grant vested 1/4 on June 4, 2019, with the remainder vesting monthly thereafter.

Procore Technologies, Inc. (PCOR) disclosed an insider transaction by a director on a Form 4. The filing reports a sale of 6,500 shares of Common Stock on 11/11/2025 at a price of $79 per share. Following the sale, the insider beneficially owns 13,481 shares, held in direct ownership.