[144] Pinterest, Inc. SEC Filing
Pinterest, Inc. (PINS) Form 144 filing showing proposed and recent insider sales. The filing reports a proposed sale of 102,083 Class A common shares through Charles Schwab & Co., with an aggregate market value of $3,582,352.00 and total shares outstanding listed as 599,264,132. The shares were acquired as Founders Shares on 04/18/2019. The filing also lists multiple past sales by Benjamin Silbermann between 06/11/2025 and 09/03/2025, each for 102,083 shares, executed through the same seller address. The filer certifies no undisclosed material adverse information.
- None.
- Repeated insider sales by founder Benjamin Silbermann are documented with multiple transactions from 06/11/2025 through 09/03/2025, each for 102,083 shares.
- Proposed sale of 102,083 shares with an aggregate market value reported as $3,582,352.00 may be seen as significant insider liquidity.
- Filing contains no operational or earnings information, limiting context for the sales and leaving investors to interpret insider intent.
Insights
TL;DR: Founder selling routine personal holdings; size noted but no financial results disclosed.
The filing documents a planned sale of 102,083 Class A shares and a series of identical past sales by the founder, Benjamin Silbermann. These are labeled as founders shares acquired in 2019 and executed through Charles Schwab, indicating orderly disposition of personal holdings rather than company capital actions. The filing contains no operational or earnings data, so its direct impact on company fundamentals is limited; market reaction would depend on investor interpretation of insider intent and timing.
TL;DR: Repeated insider sales merit attention for governance and signaling, but filing shows standard compliance.
The notice details multiple sales by a key insider conducted through a broker and includes the required Rule 144 disclosures. Listing the acquisition as founders shares and providing broker and transaction dates reflects regulatory compliance. While insider selling can raise governance questions about insider sentiment, the filing itself is procedural and does not allege any misconduct or noncompliance.