Filing Details
- Accession Number:
- 0001506293-25-000073
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-27 17:15:49
- Reporting Period:
- 2025-03-26
- Filing Date:
- 2025-03-27
- Accepted Time:
- 2025-03-27 17:15:49
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1506293 | Pinterest Inc. | PINS | Services-Computer Programming, Data Processing, Etc. (7370) | 263607129 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1773914 | Benjamin Silbermann | C/O Pinterest, Inc. 651 Brannan Street San Francisco CA 94107 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2025-03-26 | 83,333 | $0.00 | 83,333 | No | 4 | C | Indirect | Benjamin and Divya Silbermann Family Trust |
Class A Common Stock | Disposition | 2025-03-26 | 73,689 | $33.62 | 9,644 | No | 4 | S | Indirect | Benjamin and Divya Silbermann Family Trust |
Class A Common Stock | Disposition | 2025-03-26 | 9,644 | $34.37 | 0 | No | 4 | S | Indirect | Benjamin and Divya Silbermann Family Trust |
Class A Common Stock | Acquisiton | 2025-03-26 | 18,750 | $0.00 | 18,750 | No | 4 | C | Indirect | SFTC, LLC |
Class A Common Stock | Disposition | 2025-03-26 | 16,350 | $33.61 | 2,400 | No | 4 | S | Indirect | SFTC, LLC |
Class A Common Stock | Disposition | 2025-03-26 | 2,400 | $34.39 | 0 | No | 4 | S | Indirect | SFTC, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | Benjamin and Divya Silbermann Family Trust |
No | 4 | S | Indirect | Benjamin and Divya Silbermann Family Trust |
No | 4 | S | Indirect | Benjamin and Divya Silbermann Family Trust |
No | 4 | C | Indirect | SFTC, LLC |
No | 4 | S | Indirect | SFTC, LLC |
No | 4 | S | Indirect | SFTC, LLC |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Disposition | 2025-03-26 | 83,333 | $0.00 | 83,333 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2025-03-26 | 18,750 | $0.00 | 18,750 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
37,570,222 | No | 4 | C | Indirect | ||
9,175,030 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 6,274 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | $0.00 | 1,174,715 | 1,174,715 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
1,174,715 | 1,174,715 | Direct |
Footnotes
- Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into 83,333 shares of Class A Common Stock, par value $0.00001 ("Class A Common Stock") in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.24 to $34.235 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.24 to $34.56 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Represents the conversion of shares of Class B Common Stock into 18,750 shares of Class A Common Stock in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
- Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.24 to $34.23 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.24 to $34.545 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Represents previously reported RSUs that are subject to vesting requirements.
- Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Company's Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.