Form 4: Procore Technologies' Chief Revenue Officer Reports Stock Transactions
SEC Form 4 Filing
Lawrence Joseph Stack, Chief Revenue Officer of Procore Technologies, reports disposition of shares to cover tax obligations and sales of common stock.
Summary
- Lawrence Joseph Stack, the Chief Revenue Officer of Procore Technologies, filed a Form 4 detailing changes in beneficial ownership.
- On February 20, 2025, 20,283 shares of common stock were disposed of to satisfy a tax obligation at a price of $86.48.
- On February 21, 2025, 12,000 shares of common stock were sold at an average price of $82.92.
- Following these transactions, Stack directly owns 161,368 shares of Procore Technologies' common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Disposition of 20,283 shares to satisfy tax obligation. |
| 02/21/2025 | Sale of 12,000 shares of common stock. |
Keywords
Form 4, Beneficial Ownership, Stock Sale, Tax Obligation, PROCORE TECHNOLOGIES, PCOR, Lawrence Joseph Stack, Chief Revenue Officer
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