Monitor for additional selling in next 30 days; current activity is within normal range for post-earnings or vesting period, but not indicative of distress. Grants suggest confidence in long-term retention.
Price Chart
Executive Summary
A cluster of insider transactions at Procore Technologies includes open-market sales by two directors totaling approximately $2.4 million, along with derivative exercises and non-cash award grants to executive designates. The majority of the economic activity consists of routine stock sales and tax-related exercises, with no open-market buying observed.
Key Financial Metrics
Key Facts
- Director Kevin J. O'Connor sold 15,220 shares in two transactions for $872,963.60 total at prices between $57.23 and $57.48.
- Director Craig F. Courtemanche Jr. exercised 112,242 derivative securities at $2.42 and sold 34,969 shares for $1,992,883.31 in open market.
- CRO Designate Walter Hearn and CFO Designate Rachel Pyles were each granted shares (124,111 and 152,318 respectively) with zero cost — non-cash compensation events.
- Total open-market sales in the cluster: ~$2.865 million.
- All sales represent ~0.034% of Procore's $8.4B market cap — well below 0.1%, indicating routine, immaterial activity.
Financial Impact
$2.865 million in open-market sales over 7 days, representing 0.034% of market cap
Risk Factors
- Perception of insider selling could weigh on sentiment if misinterpreted, despite immaterial volume.
- Future vesting of awarded shares may lead to additional selling pressure.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (7 trades, 7d window) | cluster-PCOR-1773364847995 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 25, 2026 5w ago | Insider Cluster | $60.61 $51.06 | ▼ −15.76% | ▼ −16.73% | $50.95 (−15.94%) |
Aug 25, 2026 5w ago | Insider Cluster | $60.61 $51.06 | ▼ −15.76% | ▼ −16.73% | $50.95 (−15.94%) |
Aug 19, 2026 6w ago | 144 | $63.28 $51.27 | ▼ −18.98% | ▼ −18.98% | $50.95 (−19.48%) |
Aug 14, 2026 7w ago | Insider Cluster | $59.80 $56.74 | ▼ −5.12% | ▼ −3.13% | $50.95 (−14.80%) |
Aug 13, 2026 7w ago | Insider Cluster | $62.17 $53.26 | ▼ −14.33% | ▼ −12.58% | $50.95 (−18.05%) |
Aug 4, 2026 8w ago | 144 | $55.69 $59.49 | ▲ +6.82% | ▲ +7.42% | $50.95 (−8.51%) |
Jul 2, 2026 13w ago | 8-K | $43.97 $53.79 | ▲ +22.33% | ▲ +22.75% | $50.95 (+15.87%) |
Jun 18, 2026 15w ago | Insider Cluster | $39.99 $45.13 | ▲ +12.85% | ▲ +12.32% | $50.95 (+27.41%) |
Jun 15, 2026 15w ago | 144 | $41.81 $43.04 | ▲ +2.94% | ▲ +2.74% | $50.95 (+21.86%) |
May 5, 2026 21w ago | 8-K | $54.69 $52.70 | ▼ −3.64% | ▼ −8.59% | $50.95 (−6.84%) |
US Market Status
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