O CONNOR KEVIN J 4

What Happened

• Kevin J. O'Connor, a director of Procore Technologies (PCOR), sold a total of 11,538 shares in open-market transactions on July 1–2, 2026 for aggregate proceeds of approximately $488,902.
  • 2026-07-01: 5,769 shares at $41.93 — $241,894
  • 2026-07-02: 1,697 shares at $42.40 — $71,953
  • 2026-07-02: 4,072 shares at $42.99 — $175,055
• These were sales (dispositions), which are often routine liquidity events; the filing does not provide the insider’s motivation.

Key Details

• Transaction dates: July 1, 2026 and July 2, 2026. Report filed 2026-07-02 (no late‑filing flag shown in the provided data).
• Total shares sold: 11,538 for total proceeds of ~$488,902.
• Shares owned after the transaction: Not reported in the data you provided.
• Notable footnotes:
  • Some shares were sold pursuant to a 10b5‑1 trading plan dated March 13, 2026.
  • The filing reports weighted‑average prices; detailed per-share price ranges disclosed in footnotes include roughly $41.74–$43.19 across the transactions. The reporting person can provide a breakdown of the number of shares sold at each exact price upon request.
  • Some shares involved are held by the Kevin J. O'Connor Revocable Trust (dated 06-13-19).

Context

• A 10b5‑1 plan is a pre‑arranged program that allows insiders to sell shares on a set schedule regardless of later material nonpublic information; sales under such plans are generally considered pre-scheduled rather than ad hoc signals about company prospects.
• For retail investors: purchases are typically more informative about insider sentiment than routine sales; this filing documents disposals only and contains no indication of new purchases or option exercises.