Courtemanche Craig F. Jr. sold $3.0M of PCOR
Courtemanche Craig F. Jr. sold 56,122 shares of PROCORE TECHNOLOGIES, INC. (PCOR) at an average of $53.48 ($53.41–$53.81, $3.00M total) across 2 trades on 2026-09-10 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed insider transaction provides fresh data for short‑term traders assessing supply‑demand dynamics in the stock.
Market read
First‑report insider sale; modest size; may cause slight short‑term price pressure.
What to watch
Potential tax planning or diversification unrelated to company fundamentals.
Background
Procore Technologies filed a Form 4 reporting a director's sale under a pre‑arranged 10b5‑1 plan.
Ticker impact
Director Craig F. Courtemanche sold 56,122 shares for $3.0M via a 10b5‑1 plan, reducing his stake to 908,316 shares.
Possible modest downside pressure over the next few days.
A $3M sale by a director is material but not large enough to trigger a sharp move; market may interpret it as a neutral to slightly negative signal.
Market effects
Minimal impact on construction‑software sector; similar insider sales are common.
No regional effect; company is US‑listed.
Limited to investors tracking Procore.
Counterpoint
The sale could be a routine liquidity move, not a bearish signal.
Key entities
- CompanyProcore Technologies, Inc.
US‑listed construction‑software provider (ticker PCOR).
- IndividualCraig F. Courtemanche Jr.
Director of Procore who executed the sale.

