[Form 4] Procore Technologies, Inc. Insider Trading Activity
William J.G. Griffith, a director and 10% owner affiliated with ICONIQ Capital, reported multiple sales of Procore Technologies (PCOR) common stock on 08/13/2025. The Form 4 shows sales of 17,001 and 28,161 shares at a weighted average price of $64.951 and additional sales of 384 and 644 shares at a weighted average price of $65.4133, with individual sale prices ranging from $64.39 to $65.43. After these transactions the report lists numerous indirect holdings across ICONIQ-affiliated funds and trusts, with aggregate beneficial ownership positions shown for each entity (examples include 5,074,915 shares by ICONIQ Strategic Partners III, L.P. and 5,422,617 shares by ICONIQ Strategic Partners III-B, L.P.). The reporting person disclaims direct beneficial ownership except to the extent of pecuniary interest and the report is signed 08/15/2025.
William J.G. Griffith, direttore e detentore del 10% collegato a ICONIQ Capital, ha comunicato più vendite di azioni ordinarie di Procore Technologies (PCOR) in data 13/08/2025. Il Modulo 4 indica la vendita di 17.001 e 28.161 azioni a un prezzo medio ponderato di $64,951 e ulteriori vendite di 384 e 644 azioni a un prezzo medio ponderato di $65,4133, con prezzi unitari compresi tra $64,39 e $65,43. Dopo queste operazioni il rapporto elenca numerose partecipazioni indirette attraverso fondi e trust affiliati a ICONIQ, mostrando la proprietà beneficiaria aggregata per ciascuna entità (esempi: 5.074.915 azioni da ICONIQ Strategic Partners III, L.P. e 5.422.617 azioni da ICONIQ Strategic Partners III-B, L.P.). La persona segnalante declina la proprietà beneficiaria diretta se non nella misura dell'interesse pecuniario, e il rapporto è firmato il 15/08/2025.
William J.G. Griffith, director y propietario del 10% vinculado a ICONIQ Capital, informó múltiples ventas de acciones ordinarias de Procore Technologies (PCOR) el 13/08/2025. El Formulario 4 muestra ventas de 17.001 y 28.161 acciones a un precio medio ponderado de $64,951 y ventas adicionales de 384 y 644 acciones a un precio medio ponderado de $65,4133, con precios por acción entre $64,39 y $65,43. Tras estas operaciones, el informe enumera numerosas participaciones indirectas a través de fondos y fideicomisos afiliados a ICONIQ, indicando la tenencia beneficiaria agregada de cada entidad (por ejemplo, 5.074.915 acciones por ICONIQ Strategic Partners III, L.P. y 5.422.617 acciones por ICONIQ Strategic Partners III-B, L.P.). La persona informante renuncia a la propiedad beneficiaria directa salvo en la medida de un interés pecuniario, y el informe está firmado el 15/08/2025.
William J.G. Griffith� ICONIQ Capital� 연계� 이사이자 10% 지� 보유자로� 2025-08-13� Procore Technologies(PCOR) 보통주를 여러 차례 매도했다� 보고했습니다. Form 4에는 가중평균가 $64.951� 17,001� � 28,161� 매도, 가중평균가 $65.4133� 384� � 644� 추가 매도가 기재되어 있으�, 개별 매도가� $64.39에서 $65.43 사이입니�. � 거래 � 보고서에� ICONIQ 계열 펀드와 신탁� 통한 다수� 간접 보유가 나열되어 있으�, � 법인� 총수익적 소유지분이 표시되어 있습니다(�: ICONIQ Strategic Partners III, L.P. 5,074,915�, ICONIQ Strategic Partners III-B, L.P. 5,422,617�). 보고자는 금전� 이익� 범위� 제외� 직접� 수익� 소유� 부인하�, 보고서에� 2025-08-15� 서명되어 있습니다.
William J.G. Griffith, administrateur et détenteur de 10% lié à ICONIQ Capital, a déclaré plusieurs ventes d'actions ordinaires de Procore Technologies (PCOR) le 13/08/2025. Le formulaire 4 indique des ventes de 17 001 et 28 161 actions à un prix moyen pondéré de 64,951 $ et des ventes supplémentaires de 384 et 644 actions à un prix moyen pondéré de 65,4133 $, avec des prix unitaires allant de 64,39 $ à 65,43 $. Après ces opérations, le rapport énumère de nombreuses participations indirectes via des fonds et trusts affiliés à ICONIQ, en affichant la détention bénéficiaire agrégée pour chaque entité (exemples : 5 074 915 actions par ICONIQ Strategic Partners III, L.P. et 5 422 617 actions par ICONIQ Strategic Partners III-B, L.P.). La personne déclarante décline toute propriété bénéficiaire directe sauf dans la mesure d'un intérêt pécuniaire, et le rapport est signé le 15/08/2025.
William J.G. Griffith, Direktor und 10%-Eigentümer, der mit ICONIQ Capital verbunden ist, meldete mehrere Verkäufe von Stammaktien der Procore Technologies (PCOR) am 13.08.2025. Das Formular 4 weist Verkäufe von 17.001 und 28.161 Aktien zu einem gewichteten Durchschnittspreis von $64,951 sowie weitere Verkäufe von 384 und 644 Aktien zu einem gewichteten Durchschnittspreis von $65,4133 aus, wobei die Einzelpreise zwischen $64,39 und $65,43 lagen. Nach diesen Transaktionen listet der Bericht zahlreiche indirekte Beteiligungen über ICONIQ-verbundene Fonds und Treuhandvehikel auf und zeigt die aggregierten wirtschaftlichen Eigentumspositionen für jede Einheit (Beispiele: 5.074.915 Aktien durch ICONIQ Strategic Partners III, L.P. und 5.422.617 Aktien durch ICONIQ Strategic Partners III-B, L.P.). Die meldende Person weist direkte wirtschaftliche Eigentümerschaft außer im Umfang eines pecuniären Interesses zurück; der Bericht ist vom 15.08.2025 unterzeichnet.
- Timely and detailed disclosure of insider sales with dates, prices and explanation of ownership structure
- Clear mapping of indirect holdings across ICONIQ-affiliated funds which supports transparency
- Insider sales occurred: sales on 08/13/2025 totaling 46,190 shares reported across transactions
- Substantial indirect holdings remain concentrated in ICONIQ funds, which may affect voting/control dynamics
Insights
TL;DR: Director and 10% owner disclosed routine multiple-sales by ICONIQ-affiliated vehicles totaling tens of thousands of PCOR shares.
The Form 4 documents discrete sales executed on 08/13/2025 at prices between $64.39 and $65.43. The filing shows substantial indirect holdings across several ICONIQ Strategic Partners funds, indicating the sales were executed from pooled investment vehicles rather than clear personal divestiture. The Reporting Person disclaims direct beneficial ownership except for any pecuniary interest. For investors, this is a transparent disclosure of insider selling activity without additional company-specific operational or financial information provided in the filing.
TL;DR: The filing is a standard Section 16 disclosure of sales by an affiliated director with layered fund ownership.
Form 4 clarifies ownership structure and notes the Reporting Person's roles at ICONIQ Capital and the GP relationships across multiple funds. The explanation identifies family and estate planning trusts and the Reporting Person's disclaimer of beneficial ownership for certain trust-held shares. This enhances governance transparency by mapping which entities hold shares and documenting the reported transactions' prices and dates. The filing contains no statements about motives or company operations.
William J.G. Griffith, direttore e detentore del 10% collegato a ICONIQ Capital, ha comunicato più vendite di azioni ordinarie di Procore Technologies (PCOR) in data 13/08/2025. Il Modulo 4 indica la vendita di 17.001 e 28.161 azioni a un prezzo medio ponderato di $64,951 e ulteriori vendite di 384 e 644 azioni a un prezzo medio ponderato di $65,4133, con prezzi unitari compresi tra $64,39 e $65,43. Dopo queste operazioni il rapporto elenca numerose partecipazioni indirette attraverso fondi e trust affiliati a ICONIQ, mostrando la proprietà beneficiaria aggregata per ciascuna entità (esempi: 5.074.915 azioni da ICONIQ Strategic Partners III, L.P. e 5.422.617 azioni da ICONIQ Strategic Partners III-B, L.P.). La persona segnalante declina la proprietà beneficiaria diretta se non nella misura dell'interesse pecuniario, e il rapporto è firmato il 15/08/2025.
William J.G. Griffith, director y propietario del 10% vinculado a ICONIQ Capital, informó múltiples ventas de acciones ordinarias de Procore Technologies (PCOR) el 13/08/2025. El Formulario 4 muestra ventas de 17.001 y 28.161 acciones a un precio medio ponderado de $64,951 y ventas adicionales de 384 y 644 acciones a un precio medio ponderado de $65,4133, con precios por acción entre $64,39 y $65,43. Tras estas operaciones, el informe enumera numerosas participaciones indirectas a través de fondos y fideicomisos afiliados a ICONIQ, indicando la tenencia beneficiaria agregada de cada entidad (por ejemplo, 5.074.915 acciones por ICONIQ Strategic Partners III, L.P. y 5.422.617 acciones por ICONIQ Strategic Partners III-B, L.P.). La persona informante renuncia a la propiedad beneficiaria directa salvo en la medida de un interés pecuniario, y el informe está firmado el 15/08/2025.
William J.G. Griffith� ICONIQ Capital� 연계� 이사이자 10% 지� 보유자로� 2025-08-13� Procore Technologies(PCOR) 보통주를 여러 차례 매도했다� 보고했습니다. Form 4에는 가중평균가 $64.951� 17,001� � 28,161� 매도, 가중평균가 $65.4133� 384� � 644� 추가 매도가 기재되어 있으�, 개별 매도가� $64.39에서 $65.43 사이입니�. � 거래 � 보고서에� ICONIQ 계열 펀드와 신탁� 통한 다수� 간접 보유가 나열되어 있으�, � 법인� 총수익적 소유지분이 표시되어 있습니다(�: ICONIQ Strategic Partners III, L.P. 5,074,915�, ICONIQ Strategic Partners III-B, L.P. 5,422,617�). 보고자는 금전� 이익� 범위� 제외� 직접� 수익� 소유� 부인하�, 보고서에� 2025-08-15� 서명되어 있습니다.
William J.G. Griffith, administrateur et détenteur de 10% lié à ICONIQ Capital, a déclaré plusieurs ventes d'actions ordinaires de Procore Technologies (PCOR) le 13/08/2025. Le formulaire 4 indique des ventes de 17 001 et 28 161 actions à un prix moyen pondéré de 64,951 $ et des ventes supplémentaires de 384 et 644 actions à un prix moyen pondéré de 65,4133 $, avec des prix unitaires allant de 64,39 $ à 65,43 $. Après ces opérations, le rapport énumère de nombreuses participations indirectes via des fonds et trusts affiliés à ICONIQ, en affichant la détention bénéficiaire agrégée pour chaque entité (exemples : 5 074 915 actions par ICONIQ Strategic Partners III, L.P. et 5 422 617 actions par ICONIQ Strategic Partners III-B, L.P.). La personne déclarante décline toute propriété bénéficiaire directe sauf dans la mesure d'un intérêt pécuniaire, et le rapport est signé le 15/08/2025.
William J.G. Griffith, Direktor und 10%-Eigentümer, der mit ICONIQ Capital verbunden ist, meldete mehrere Verkäufe von Stammaktien der Procore Technologies (PCOR) am 13.08.2025. Das Formular 4 weist Verkäufe von 17.001 und 28.161 Aktien zu einem gewichteten Durchschnittspreis von $64,951 sowie weitere Verkäufe von 384 und 644 Aktien zu einem gewichteten Durchschnittspreis von $65,4133 aus, wobei die Einzelpreise zwischen $64,39 und $65,43 lagen. Nach diesen Transaktionen listet der Bericht zahlreiche indirekte Beteiligungen über ICONIQ-verbundene Fonds und Treuhandvehikel auf und zeigt die aggregierten wirtschaftlichen Eigentumspositionen für jede Einheit (Beispiele: 5.074.915 Aktien durch ICONIQ Strategic Partners III, L.P. und 5.422.617 Aktien durch ICONIQ Strategic Partners III-B, L.P.). Die meldende Person weist direkte wirtschaftliche Eigentümerschaft außer im Umfang eines pecuniären Interesses zurück; der Bericht ist vom 15.08.2025 unterzeichnet.