Form 4: Procore Technologies CFO Howard Fu Sells 1,500 Shares
SEC Filing
Procore Technologies CFO & Treasurer, Howard Fu, sold 1,500 shares of common stock at an average price of $71.75 on November 7, 2024.
Summary
- On November 7, 2024, Howard Fu, the CFO & Treasurer of Procore Technologies, Inc. (PCOR), sold 1,500 shares of the company's common stock.
- The sale was executed at a weighted average price of $71.75 per share, with individual prices ranging from $71.75 to $71.79.
- Following the transaction, Fu directly owns 171,997 shares of Procore Technologies.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on November 8, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale, which doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the transaction: Howard Fu sold 1,500 shares of Procore Technologies common stock. |
| 11/08/2024 | Date of the Form 4 filing with the SEC. |
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