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
  1. 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.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. Represents previously reported RSUs that are subject to vesting requirements.
  10. 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.