[144] Pinterest, Inc. SEC Filing

Rhea-AI Filing Summary

Pinterest, Inc. (PINS) Form 144 notifies the SEC of proposed and recent sales of Class A Common Stock by an insider. The filing lists a proposed sale of 102,083 shares through Charles Schwab & Co., with an aggregate market value of $3,780,818.00 and total shares outstanding of 599,264,132. Acquisition details show these shares were founders' shares acquired 04/18/2019. The filing also itemizes multiple recent sales by Benjamin Silbermann on specific dates in June–August 2025, each showing 102,083 shares and corresponding gross proceeds per trade.

Positive

• Rule 144 disclosure filed, providing regulatory transparency about insider sales
• Acquisition origin stated (founders' shares acquired 04/18/2019), clarifying basis of holdings

Negative

• Repeated insider sales by Benjamin Silbermann of identical blocks (102,083 shares) across June–August 2025, which could increase share supply
• Material proceeds disclosed for each trade (millions per transaction), indicating sizable insider liquidity events without explanatory context

Insights

Corporate Governance Expert

TL;DR: Founder disclosed multiple identical-size sales under Rule 144; transparency is good but repeated insider sales merit attention.

The filing documents a founder-originated block of 102,083 Class A shares proposed for sale and shows a pattern of identical past sales by Benjamin Silbermann across June to August 2025. From a governance perspective, timely Rule 144 disclosure reflects compliance with insider-sale rules and provides market transparency. Repeated, sizable insider sales can raise questions about insider liquidity needs or portfolio rebalancing, though the filing contains no explanation beyond statutory representations. No new operational or financial company metrics are included in this notice.

Securities Analyst

TL;DR: This is a routine Form 144 reporting founder share disposals; it informs supply-side pressure but contains no financial performance data.

The document specifies a proposed sale of 102,083 shares with an aggregate market value of $3.78M and lists multiple prior sales of the same lot size with varying gross proceeds across June–August 2025. For investors, the filing signals insider liquidity events but does not include any company performance metrics or forward guidance. The broker listed is Charles Schwab & Co., and the transactions are reported as founder-share dispositions originating from 04/18/2019 acquisition.

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	3780818.00	599264132	09/03/2025	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.	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
BENJAMIN SILBERMANN 651 BRANNAN STREET SAN FRANCISCO CA 94107	PINTEREST, INC.	08/27/2025	102083	3677906.00

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 did the Form 144 filed for PINS report?

The filing reports a proposed sale of 102,083 Class A shares through Charles Schwab with an aggregate market value of $3,780,818.00 and lists recent identical sales by the insider.

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

The recent sales listed in the filing are attributed to Benjamin Silbermann at an address in San Francisco.

When were the shares originally acquired according to the filing?

The securities to be sold are described as founders' shares acquired on 04/18/2019 from Pinterest, Inc.

Which broker is handling the proposed sale reported in the Form 144?

The broker named for the proposed sale is Charles Schwab & Co., Inc. located in Westlake, TX.

How many shares outstanding does the filing cite?

The filing shows 599,264,132 shares outstanding for the Class A Common Stock.

Are the gross proceeds of recent sales disclosed?

Yes; the filing itemizes multiple past sales in June–August 2025 with gross proceeds shown for each transaction (each in the millions).