O CONNOR KEVIN J 4
4 · PROCORE TECHNOLOGIES, INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Procore (PCOR) Director Kevin J. O'Connor Sells Shares
What Happened Kevin J. O'Connor, a director of Procore Technologies (PCOR), sold a total of 15,384 shares in open-market transactions on March 10–11, 2026, for aggregate proceeds of approximately $882,480. The individual transactions reported: 7,528 shares at $57.23 ($430,827), 164 shares at $58.03 ($9,517), and 7,692 shares at $57.48 ($442,136). These were dispositions (sales), not purchases.
Key Details
- Transaction dates: March 10, 2026 (two trades) and March 11, 2026 (one trade).
- Individual reported amounts: 7,528 @ $57.23; 164 @ $58.03; 7,692 @ $57.48. Aggregate proceeds ≈ $882,480.
- Shares owned after the transactions: Not disclosed in the provided filing excerpt.
- Footnotes: Sales were made pursuant to a 10b5-1 plan dated Nov 21, 2024; reported prices are weighted averages with disclosed price ranges (the filing commits to provide per-price breakdowns on request); some shares are held in the Kevin J. O'Connor Revocable Trust.
- Filing: Form 4 filed March 12, 2026 for transactions on March 10–11, 2026 — appears timely (within the two-business-day requirement).
Context These were open-market sales executed under a prearranged 10b5-1 plan, which is commonly used to regularly sell shares and is typically viewed as routine rather than an immediate signal of director sentiment. For retail investors, purchases by insiders tend to carry more informational weight than scheduled sales; this filing documents routine disposals rather than new equity grants or option exercises.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-10$57.23/sh−7,528$430,827→ 1,004,608 total(indirect: See Footnote) - Sale
Common Stock
[F1][F4][F3]2026-03-10$58.03/sh−164$9,517→ 1,004,444 total(indirect: See Footnote) - Sale
Common Stock
[F1][F5][F3]2026-03-11$57.48/sh−7,692$442,136→ 996,752 total(indirect: See Footnote)
- 16,632
Common Stock
Footnotes (5)
- [F1]These shares sold pursuant to a 10b5-1 plan dated November 21, 2024.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $56.84 to $57.83, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]These shares are held by the Kevin J. O'Connor Revocable Trust U/A DTD 06-13-19.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $57.85 to $58.295, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $57.05 to $57.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.