O CONNOR KEVIN J 4

What Happened

• Kevin J. O'Connor, a director of Procore Technologies, sold a total of 15,384 shares in open-market transactions on February 25–26, 2026. The reported line-item sales were: 4,694 shares at a weighted avg $50.29 ($236,061), 1,075 shares at $51.52 ($55,384), 2,363 shares at $53.62 ($126,704), 3,406 shares at $54.39 ($185,252), and 3,846 shares at $55.08 ($211,838). Total proceeds reported are approximately $815,239.
• These transactions are sales (S) — routine insider selling rather than a new purchase signal.

Key Details

• Dates & amounts: Feb 25–26, 2026; total 15,384 shares sold for ≈ $815,239 across five trades.
• Reported weighted-average prices per line: $50.29, $51.52, $53.62, $54.39, $55.08.
• Price ranges (per footnotes): sales executed across ranges of $50.015–$50.93, $51.01–$51.96, $52.91–$53.86, $53.93–$54.805, and $55.00–$55.37; the filing offers to provide per-price details on request.
• Plan/holding notes: the sales were made pursuant to a 10b5-1 trading plan dated Nov 21, 2024; some shares are held in the Kevin J. O'Connor Revocable Trust (dated 06-13-19).
• Filing timeliness: Form 4 was filed Feb 27, 2026 for transactions on Feb 25–26 — the filing appears timely (not marked late).

Context

• 10b5-1 plan: Trades under a 10b5-1 plan are pre-arranged and often indicate planned disposition rather than real-time trading on material nonpublic information.
• For retail investors: sales by directors are useful to monitor but are generally less informative than insider purchases. These entries show disposition of holdings, not acquisition or option exercises.