O CONNOR KEVIN J sold $938K of PCOR (indirect holdings)
O CONNOR KEVIN J sold 15,384 indirectly-held shares of PROCORE TECHNOLOGIES, INC. (PCOR) at an average of $60.99 ($59.94–$62.38, $0.94M total) across 4 trades over 2026-09-01 to 2026-09-02 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale reduces insider ownership modestly, which may be interpreted as a neutral to slightly negative signal by the market.
Market read
Insider sale of under $1M by a director is a modest data point for traders monitoring PCOR's stock dynamics.
What to watch
Potential upcoming earnings or strategic announcements that may offset the sale's impact.
Background
SEC Form 4 filing discloses insider transactions; such filings are primary sources for insider activity.
Ticker impact
Director Kevin O'Connor sold 15,384 shares for $938,346 via a 10b5-1 plan, reducing his stake to 923,670 shares.
Modest short‑term dip, likely within 1‑2% range.
Sale size is under $1M and executed under a pre‑arranged plan, reducing the strength of the signal.
Market effects
Minimal impact on construction‑software sector; no broader industry signal.
US market only; no regional ripple effect.
Low; limited to investors tracking PCOR.
Counterpoint
The sale could be routine portfolio rebalancing under a 10b5‑1 plan, not a bearish indicator.
Key entities
- DirectorKevin O'Connor
Director of Procore Technologies who executed the sale.
- CompanyProcore Technologies, Inc.
Provider of construction management software, ticker PCOR.

