Courtemanche Craig F. Jr. sold $3.2M of PCOR
Courtemanche Craig F. Jr. sold 56,122 shares of PROCORE TECHNOLOGIES, INC. (PCOR) at an average of $57.11 ($56.54–$57.28, $3.21M total) across 2 trades on 2026-08-10 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest fact is the director’s open-market sale details (shares, price range, total value) executed under a pre-arranged 10b5-1 plan.
Market read
Traders may monitor PCOR for sentiment effects from insider selling, but the 10b5-1 structure and lack of fundamental updates limit decision value.
What to watch
The sale size is meaningful in dollars but not tied to any new disclosure about performance, contracts, or guidance; without additional context (e.g., other insiders selling/buying), the signal is weak.
Background
The article is an SEC Form 4 insider transaction report for Procore Technologies, Inc. (PCOR).
Ticker impact
Procore Technologies director Courtemanche Craig F. Jr. sold about 56,122 shares in open-market trades totaling $3.21M under a 10b5-1 plan.
Low near-term impact; any reaction is likely limited to short-lived sentiment around insider selling.
The filing is a Form 4 insider transaction with an explicit pre-arranged 10b5-1 plan, and it contains no new company fundamentals, guidance, or regulatory/legal event.
Market effects
Minimal, as the disclosure is company-specific and does not indicate sector-wide regulatory or demand changes.
None indicated.
None indicated.
Counterpoint
Even with a 10b5-1 plan, repeated insider selling can be interpreted by some traders as confidence erosion, potentially pressuring the stock if it coincides with other negative signals.
Key entities
- issuerPROCORE TECHNOLOGIES, INC.
Company whose director insider sale is disclosed on Form 4.
- insiderCourtemanche Craig F. Jr.
Director who sold 56,122 shares across two trades on 2026-08-10.
