Sabrina Ellis - 27 Aug 2024 Form 4 Insider Report for PINTEREST, INC. (PINS)

Reporting relationship: Chief Product Officer
Issuer ticker: PINS
Reported as of: 27 Aug 2024
Net transaction value: -$697,808
SEC form: 4
Accepted by SEC: 29 Aug 2024, 16:18:01 UTC
Prior SEC filing: 22 Aug 2024
Source filing: View source filing
Reporting owner signature: Jacquie Katzel, Attorney-in-Fact

Key filing fact

Sabrina Ellis filed Form 4 for PINTEREST, INC. (PINS) on 29 Aug 2024.

Key facts

This page summarizes Sabrina Ellis's Form 4 filing for PINTEREST, INC. (PINS).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 29 Aug 2024, 16:18.

Change

Previous filing in this sequence was filed on 22 Aug 2024.
Current net transaction value: -$697,808.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PINS transaction

Class A Common Stock

Sale

Transaction value: $697,808
Shares: -22,337
Change %: -4.5%
Price: $31.24
Shares after: 474,533
Date: 27 Aug 2024
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Footnote F2

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $31.1100 to $31.6000 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.

Footnote F3

These securities consist of 91,922 shares of Class A common stock and 382,611 RSUs. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.