[144] Pinterest, Inc. SEC Filing

Rhea-AI Filing Summary

Pinterest, Inc. insider sale notice: The filing reports a proposed sale of 102,083 shares of Class A common stock through Charles Schwab & Co., Inc., with an aggregate market value of $3,677,906 and an approximate sale date of 08/27/2025. The shares were originally acquired as Founders Shares on 04/18/2019. The filing lists 599,264,132 shares outstanding, identifies prior sales by Benjamin Silbermann on multiple dates between 05/28/2025 and 08/20/2025 (each sale for 102,083 shares) with reported gross proceeds per sale shown in the filing, and includes the required representation that no undisclosed material adverse information is known by the seller.

Positive

• Disclosure completeness: The filing provides required details—broker, share count, acquisition date, and prior sales, meeting Rule 144 disclosure standards
• Founder origin disclosed: The shares were identified as Founders Shares acquired on 04/18/2019, clarifying the nature of the holdings

Negative

• Insider selling: Repeated sales by Benjamin Silbermann of identical blocks (102,083 shares) across multiple dates could be perceived negatively by investors
• Potential market impact: The proposed sale valued at $3,677,906 may exert downward pressure if market liquidity is limited, though the filing does not state intent

Insights

Financial Analyst

TL;DR: Founder selling repeated blocks of 102,083 shares — investor attention warranted but context is limited to disclosure.

The notice documents a proposed sale of 102,083 Class A shares valued at $3.68 million, scheduled through Charles Schwab. The shares were acquired as founders shares in 2019. The filing also enumerates multiple identical-size sales by Benjamin Silbermann between May and August 2025 with listed gross proceeds per transaction. For investors, repeated insider sales of this specific block size may signal planned liquidity or portfolio rebalancing, but the filing contains no explanation of intent, nor does it disclose any material nonpublic information. This is a standard Rule 144 disclosure; material impact depends on size relative to float and market reaction, which are not provided here.

Corporate Governance Expert

TL;DR: This Form 144 provides routine compliance details for restricted shares being sold under Rule 144; documentation appears complete.

The submission identifies the seller, class of shares, acquisition date, nature of acquisition (Founders Shares), broker, number of shares, aggregate market value, and outstanding shares—meeting disclosure requirements. It also lists prior sales by the same individual in the recent period with gross proceeds. The signer attests to absence of undisclosed material adverse information. The filing does not include any commentary on trading plans or Rule 10b5-1 arrangements, so governance implications are limited to transparency of insider dispositions rather than policy changes.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	102083	3677906.00	599264132	08/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	04/18/2019	Founders Shares	Pinterest, Inc.			102083	04/18/2019	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Benjamin Silbermann 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	05/28/2025	102083	3212604.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	06/04/2025	102083	3389920.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	06/11/2025	102083	3553663.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	06/18/2025	102083	3554110.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	06/25/2025	102083	3673717.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	07/02/2025	102083	3614609.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	07/09/2025	102083	3623671.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	07/16/2025	102083	3676017.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	07/23/2025	102083	3874142.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	08/13/2025	102083	3584274.00
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	08/20/2025	102083	3569088.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Pinterest's (PINS) Form 144 filed for 08/27/2025 report?

The filing reports a proposed sale of 102,083 Class A shares through Charles Schwab with an aggregate market value of $3,677,906 and an approximate sale date of 08/27/2025.

Who is the seller named in the Form 144 for PINS?

The prior sales listed in the filing identify Benjamin Silbermann as the seller for multiple transactions between 05/28/2025 and 08/20/2025.

When were the shares being sold originally acquired?

The shares were acquired as Founders Shares on 04/18/2019 from Pinterest, Inc., as stated in the filing.

How many Pinterest shares are outstanding according to the filing?

The Form 144 lists 599,264,132 shares outstanding for Pinterest, Inc.

Does the Form 144 indicate any undisclosed material information?

By signing, the person represents they do not know any material adverse information that has not been publicly disclosed; the filing contains no statement of undisclosed material information.