Form 4: Procore Technologies Director Sells Shares
Insider Transaction (Form 4)
Craig F. Courtemanche Jr., a Director of Procore Technologies, Inc., sold 56,122 shares of common stock on August 10, 2026.
Summary
- Option exercise/conversion: acquired 56,122 Common Stock at $2.42 ($135,815) on August 10, 2026; holds 975,826 after (Direct).
- Open-market sale: disposed of 12,642 Common Stock at $56.54 ($714,779) on August 10, 2026; holds 963,184 after (Direct).
- Open-market sale: disposed of 43,480 Common Stock at $57.28 ($2,490,534) on August 10, 2026; holds 919,704 after (Direct).
- Option exercise/conversion: disposed of 56,122 Stock Option (Right to Buy) at $2.42 ($135,815) on August 10, 2026; holds 112,244 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $3,205,313 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Craig F. Courtemanche Jr. — Director, Other (Chairman of the Board)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-10 | Option exercise/conversion | Common Stock | 56,122 | $2 | $135.8K | 975,826 |
| 2026-08-10 | Open-market sale | Common Stock | 12,642 | $57 | $714.8K | 963,184 |
| 2026-08-10 | Open-market sale | Common Stock | 43,480 | $57 | $2.5M | 919,704 |
| 2026-08-10 | Option exercise/conversion | Stock Option (Right to Buy) | 56,122 | $2 | $135.8K | 112,244 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-10 | Option exercise/conversion (56,122 shares) |
| 2026-08-10 | Open-market sale (12,642 shares) |
| 2026-08-10 | Open-market sale (43,480 shares) |
| 2026-08-10 | Option exercise/conversion (56,122 shares) |
Keywords
insider transaction, Form 4, PCOR, PROCORE TECHNOLOGIES, INC., bearish, Craig F. Courtemanche Jr.
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