PCOR PROCORE TECHNOLOGIES, INC.

BEARISH Impact: 6/10 Insider Cluster (5 insiders)
Horizon days Filed Mar 10, 2026 Processed 2mo ago
Insider cluster: 2 insiders, $2.4M total
Latest settled — T+20d ⚠ clustered
PCOR ▼ -4.77% at T+20d
SHORT call ✓ call won +4.77% · α vs SPY +4.62% · entry $57.42 → $54.68
Next anchor: T+60d in 13d
Currently $45.69 · +20.43% from $57.42 entry (call sign-flipped)
Entry anchored
Mar 9, 03:59 PM ET
via Databento tick
T+1d
-2.32%
call +2.32% · α +2.21%
$56.09
settled 2mo ago
T+5d
+2.75%
call -2.75% · α -3.66%
$59.00
settled 2mo ago
T+20d
-4.77%
call +4.77% · α +4.62%
$54.68
settled 6w ago
T+60d
call — · α —
in 13d

Price Chart

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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

Direction
selling
Total Value
$2.9M
Insiders
5

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

insider sentimentshareholder confidence

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

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (8 trades, 7d window)cluster-PCOR-1773693075158
8 reports for PCOR
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for PCOR — sortable, filterable
Type Now
May 5, 2026
16d ago
8-K
BULLISH ★ 7/10
$54.69 $48.09▼ −12.07%▼ −14.05%$45.69 (−16.46%)
Apr 24, 2026
26d ago
DEFA14A
NEUTRAL ★ 3/10
$55.65 $62.10▲ +11.59%▲ +11.19%$45.69 (−17.90%)
Apr 10, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$47.19 $55.44▲ +17.48%▲ +12.98%$45.69 (−3.18%)
Mar 10, 2026
10w ago
8-K
NEUTRAL ★ 4/10
$56.09 $58.74▲ +4.72%▲ +6.91%$45.69 (−18.54%)
Mar 10, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$57.42 $59.00▲ +2.75%▲ +3.66%$45.69 (−20.43%)
Mar 10, 2026
10w ago
Insider Cluster
BEARISH ★ 6/10
$57.42 $59.00▼ −2.75%▼ −3.66%$45.69 (+20.43%)
Mar 10, 2026
10w ago
Insider Cluster
NEUTRAL ★ 4/10
$57.42 $59.00▲ +2.75%▲ +3.66%$45.69 (−20.43%)
Feb 24, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$50.89 $56.50▲ +11.02%▲ +12.05%$45.69 (−10.22%)
Showing 8 of 8

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