Form 4: Procore Technologies Director Sells 6,500 Shares

Sentiment:

SEC Form 4 Filing


Kathryn Bueker, a director at Procore Technologies, sold 6,500 shares of common stock at a price of $78.01 per share on November 25, 2024.

Summary

  • Kathryn Bueker, a director at Procore Technologies, sold 6,500 shares of the company's common stock on November 25, 2024.
  • The sale was executed at a price of $78.01 per share.
  • Following the transaction, Ms. Bueker directly owns 23,932 shares of Procore Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a director. It doesn't inherently suggest positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
  • The sale by a director is not unusual and is a common occurrence in the corporate world.
  • The volume of shares sold is not significant compared to the overall market capitalization of Procore Technologies.

Stakeholder Impact

  • The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

DateDescription
11/25/2024Date of the stock sale transaction.
11/27/2024Date the form was signed by the Attorney-in-Fact.

Keywords

Procore Technologies, insider trading, stock sale, director, PCOR, Kathryn Bueker

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.