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 September 10, 2026.
Summary
- Option exercise/conversion: acquired 56,122 Common Stock at $2.42 ($135,815) on September 10, 2026; holds 964,438 after (Direct).
- Open-market sale: disposed of 46,419 Common Stock at $53.41 ($2,479,239) on September 10, 2026; holds 918,019 after (Direct).
- Open-market sale: disposed of 9,703 Common Stock at $53.81 ($522,118) on September 10, 2026; holds 908,316 after (Direct).
- Option exercise/conversion: disposed of 56,122 Stock Option (Right to Buy) at $2.42 ($135,815) on September 10, 2026; holds 56,122 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $3,001,357 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 |
|---|---|---|---|---|---|---|
| 2026-09-10 | Option exercise/conversion | Common Stock | 56,122 | $2 | $135.8K | 964,438 |
| 2026-09-10 | Open-market sale | Common Stock | 46,419 | $53 | $2.5M | 918,019 |
| 2026-09-10 | Open-market sale | Common Stock | 9,703 | $54 | $522.1K | 908,316 |
| 2026-09-10 | Option exercise/conversion | Stock Option (Right to Buy) | 56,122 | $2 | $135.8K | 56,122 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-10 | Option exercise/conversion (56,122 shares) |
| 2026-09-10 | Open-market sale (46,419 shares) |
| 2026-09-10 | Open-market sale (9,703 shares) |
| 2026-09-10 | Option exercise/conversion (56,122 shares) |
Keywords
insider transaction, Form 4, PCOR, PROCORE TECHNOLOGIES, INC., bearish, Craig F. Courtemanche Jr.
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