O CONNOR KEVIN J 4
Research Summary
AI-generated summary
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 11,544 shares in open-market transactions on June 15–16, 2026, generating aggregate proceeds of about $490,144. Transactions reported: 5,658 shares at $42.91 ($242,785), 117 shares at $43.26 ($5,061) on June 15, and 5,769 shares at $42.00 ($242,298) on June 16. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and prices:
- 2026-06-15: 5,658 shares at $42.91 (disposed) — $242,785
- 2026-06-15: 117 shares at $43.26 (disposed) — $5,061
- 2026-06-16: 5,769 shares at $42.00 (disposed) — $242,298
- Total sold: 11,544 shares for ~$490,144
- Filing: Form 4 filed 2026-06-17; covers trades on 6/15–6/16 (appears timely).
- Footnotes of note:
- Sales were made pursuant to a 10b5-1 plan dated March 13, 2026 (pre‑scheduled trading) (F1).
- Reported prices are weighted averages with price ranges disclosed in the filing (F2, F4); full per-price breakdown available upon request.
- Shares are held by the Kevin J. O'Connor Revocable Trust (F3).
- Shares owned after the transactions: not specified in the provided summary of the filing.
Context
These were routine open-market sales executed under a 10b5‑1 plan; such prearranged plans are commonly used by insiders to sell on a set schedule and generally limit inference about current sentiment. This was a disposal of existing holdings (not a purchase, option exercise, or gift).