ICONIQ Strategic Partners IV, L.P.

ICONIQ Strategic Partners IV divests 46,190 shares (46.2K) at $64.95–$65.41 for $3.0M; retains 3.11M shares post-sale.

ICONIQ Strategic Partners IV, a 10% owner, executed four separate sales totaling 46,190 shares for $3,000,561.94 on 2025-08-13 at prices ranging from $64.95 to $65.41, reducing holdings from 3,154,640 to 3,108,450 shares (-1.5% vs pre-transaction holdings). The stock has declined 9.4% over the prior 30 days and 8.2% over 90 days, currently trading at $65.26 (-26.1% from its 52-week high of $88.33). ICONIQ's prior sales at PCOR on 2025-06-13 showed 30-day gains of 8.5% to 11.0%, suggesting the stock moved favorably immediately after those earlier dispositions, though the 90-day outcomes remain unmeasurable. The company remains unprofitable (net income of $-21.1M in the latest quarter) despite 21.2% annual revenue growth, adding backdrop context to the sale's timing.

ICONIQ Strategic Partners IV (10% owner) sold 309,168 shares for $20.0M in 6 separate transactions on 2025-06-13, reducing stake to 3.14M shares.

ICONIQ Strategic Partners IV, a 10% owner, executed 6 separate sales totaling 309,168 shares for $20,020,739.31 at an average price of $64.76 on 2025-06-13, reducing its holding by 9.0% to 3,137,255 shares post-transaction. The stock currently trades at $66.68, up 2.97 points from the blended average sale price, and is -24.5% from its 52-week high of $88.33, indicating the position was disposed into a weakened market. PCOR posted revenue of $310,632,000.00 in the latest quarter with net income of -$32,989,000.00 (unprofitable), though the company is growing at +21.2% year-over-year; the 9.9B market cap reflects elevated expectations relative to current profitability. The sale's scale and the sustained holder percentage remaining (3.14M shares still on file) suggest this is a measured reduction rather than a full exit, consistent with managing a significant anchor position in a high-growth but currently loss-making enterprise.