Form 4: Procore Technologies' Chief Revenue Officer, Lawrence Joseph Stack, Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Lawrence Joseph Stack, Chief Revenue Officer of Procore Technologies, Inc., reported the sale of 1,000 shares of common stock on May 9, 2025, at a price of $65.60 per share.

Summary

  • On May 9, 2025, Lawrence Joseph Stack, the Chief Revenue Officer of Procore Technologies, Inc., sold 1,000 shares of the company's common stock.
  • The sale price was $65.60 per share.
  • Following the transaction, Stack directly owns 217,868 shares of Procore Technologies, Inc.
  • A power of attorney document was also filed, authorizing Benjamin Singer, Travis Shrout, and Ting Wang to act on Stack's behalf for SEC filings related to Section 16(a) of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure related to insider trading activities, which are common and regulated in publicly traded companies. It provides transparency into the transactions of company executives and their holdings.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.

Key Dates

DateDescription
03/06/25Date of Power of Attorney execution by Lawrence J. Stack
05/09/2025Date of stock sale transaction
05/13/2025Date of signature by Attorney-in-Fact on the Form 4 filing

Keywords

Form 4, Procore Technologies, PCOR, Lawrence Joseph Stack, Chief Revenue Officer, Stock Sale, Beneficial Ownership, SEC Filing, Power of Attorney, Section 16(a)

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.