PCOR PROCORE TECHNOLOGIES, INC.
Price Chart
Executive Summary
A cluster of insider activity at Procore Technologies includes open-market sales by two directors totaling approximately $2.87 million, alongside non-cash grant and derivative exercise transactions. The selling represents a modest but notable outflow, concentrated among board members rather than executive leadership.
Key Financial Metrics
Actionable Insight
Monitor for follow-up selling or commentary ahead of next earnings; absence of executive participation in sales is somewhat reassuring, but director exits at scale may signal caution. Watch for changes in short interest or options activity.
Key Facts
- Director Kevin O'Connor sold 15,220 shares for $872,964 in two open-market transactions on March 11 and 12.
- Director Craig Courtemanche sold 34,969 shares for $1.99 million on March 10.
- Courtemanche also exercised options for 112,242 shares at $2.42/share, a non-cash transaction valued at $135,813 (tax implications aside).
- CFO and CRO designates received share grants totaling over 276,000 shares, which are non-cash awards.
- Total open-market sales in the cluster: $2.86 million.
- No open-market purchases or executive-level selling observed.
Financial Impact
$2.86 million in open-market sales by directors, representing 0.033% of Procore's $8.6B market cap
Risk Factors
- Perception of insider skepticism, especially given the size of Courtemanche's sale.
- Lack of offsetting insider buying to counterbalance the selling.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (8 trades, 7d window) | cluster-PCOR-1773693075158 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 5, 2026
16d ago
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8-K
| $54.69 $48.09 | ▼ −12.07% | ▼ −14.05% | $45.69 (−16.46%) |
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Apr 24, 2026
26d ago
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DEFA14A
| $55.65 $62.10 | ▲ +11.59% | ▲ +11.19% | $45.69 (−17.90%) |
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Apr 10, 2026
5w ago
|
Insider Cluster
| $47.19 $55.44 | ▲ +17.48% | ▲ +12.98% | $45.69 (−3.18%) |
|
Mar 10, 2026
10w ago
|
8-K
| $56.09 $58.74 | ▲ +4.72% | ▲ +6.91% | $45.69 (−18.54%) |
|
Mar 10, 2026
10w ago
|
Insider Cluster
| $57.42 $59.00 | ▲ +2.75% | ▲ +3.66% | $45.69 (−20.43%) |
|
Mar 10, 2026
10w ago
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Insider Cluster
| $57.42 $59.00 | ▼ −2.75% | ▼ −3.66% | $45.69 (+20.43%) |
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Mar 10, 2026
10w ago
|
Insider Cluster
| $57.42 $59.00 | ▲ +2.75% | ▲ +3.66% | $45.69 (−20.43%) |
|
Feb 24, 2026
12w ago
|
Insider Cluster
| $50.89 $56.50 | ▲ +11.02% | ▲ +12.05% | $45.69 (−10.22%) |
US Market Status
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