[144] Pinterest, Inc. SEC Filing
Pinterest, Inc. (PINS) Form 144 summary: The notice reports a proposed sale of 3,759 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $131,428.00. The shares were acquired on 08/20/2025 by restricted stock lapse from Pinterest, Inc. and payment is listed as equity compensation. The approximate sale date is 08/22/2025. The filing lists 599,264,132 shares outstanding for the issuer. The table of prior recent sales shows the same person sold 3,759 shares on 05/22/2025 for gross proceeds of $119,777.00. The filer attests they are not aware of undisclosed material adverse information.
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Insights
TL;DR: Routine insider disposition of equity compensation; size is negligible relative to outstanding shares.
The filing documents a proposed sale of 3,759 common shares acquired via a restricted stock lapse and flagged as equity compensation. At an aggregate market value of $131,428 versus 599,264,132 shares outstanding, the transaction represents an immaterial fraction of the company's capitalization. The filing also discloses a prior sale of the same quantity on 05/22/2025 for $119,777, indicating periodic disposals of vested awards. This appears to be a compliant, administrative reporting of personal share sales rather than a material corporate development.
TL;DR: Form 144 fulfills rule-based reporting for proposed sale; disclosure aligns with equity compensation events.
The notice provides the broker, amount, acquisition method (restricted stock lapse), and a representation regarding material nonpublic information, consistent with Rule 144 disclosure expectations. The presence of a prior sale of identical share count earlier in the year suggests routine disposition of vested shares. From a governance and compliance perspective, the document contains the required elements to support a resale under Rule 144 and records reliance on equity compensation treatment rather than a transfer from a third party.