Pinterest (NYSE: PINS) holders approve board, pay plan and EY as 2026 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Pinterest, Inc. reported the results of its annual meeting of stockholders held on May 21, 2026. Stockholders elected four Class I directors—Chip Bergh, Gokul Rajaram, Emily Reuter, and Marc Steinberg—to serve until the 2029 annual meeting.
Stockholders approved, on a non-binding advisory basis, the compensation of Pinterest’s named executive officers and chose to hold this advisory vote on executive pay every year. They also ratified the audit and risk committee’s selection of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2026.
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Say-on-pay votes for: 1,872,585,095 votes
Say-on-pay votes against: 75,176,625 votes
One-year frequency support: 1,940,750,588 votes
+3 more
6 metrics
Say-on-pay votes for
1,872,585,095 votes
Non-binding approval of named executive officer compensation
Say-on-pay votes against
75,176,625 votes
Non-binding approval of named executive officer compensation
One-year frequency support
1,940,750,588 votes
Advisory vote on frequency of future say-on-pay votes
Auditor ratification votes for
1,980,724,813 votes
Ratification of Ernst & Young LLP for fiscal year 2026
Votes for Emily Reuter
1,945,691,087 votes
Election as Class I director until 2029 annual meeting
Votes for Marc Steinberg
1,939,563,390 votes
Election as Class I director until 2029 annual meeting
Key Terms
broker non-votes, non-binding advisory basis, independent registered public accounting firm, Class B common stock, +1 more
5 terms
broker non-votes financial
"The number of votes cast for and against and the number of abstentions and broker non-votes with respect to each matter"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory basis financial
"To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accounting firm financial
"to ratify the audit and risk committee’s selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Class B common stock financial
"holders of the shares of Class B common stock were entitled to 20 votes per share held as of the Record Date"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
record date financial
"as of the close of business on March 27, 2026 (the “Record Date”)"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What did Pinterest (PINS) stockholders approve at the 2026 annual meeting?
Pinterest stockholders elected four Class I directors, approved executive compensation on a non-binding basis, chose an annual advisory vote on pay, and ratified Ernst & Young LLP as independent auditor for fiscal year 2026.
Which directors were elected at Pinterest’s 2026 annual meeting?
Stockholders elected Chip Bergh, Gokul Rajaram, Emily Reuter, and Marc Steinberg as Class I directors to serve until the 2029 annual meeting and until their successors are duly elected and qualified, or until their office is otherwise vacated.
How did Pinterest (PINS) stockholders vote on executive compensation?
Stockholders approved the compensation of Pinterest’s named executive officers on a non-binding advisory basis, with 1,872,585,095 votes for, 75,176,625 against, 731,895 abstentions, and 47,220,520 broker non-votes recorded on the proposal.
What frequency did Pinterest stockholders choose for say-on-pay votes?
Stockholders favored holding advisory votes on executive compensation every year, with 1,940,750,588 votes for one-year, 136,194 for two-year, 7,018,838 for three-year, and 587,995 abstentions. The company decided to follow this one-year frequency until the next required frequency vote.
Which audit firm did Pinterest (PINS) stockholders ratify for 2026?
Stockholders ratified Ernst & Young LLP as Pinterest’s independent registered public accounting firm for fiscal year 2026, with 1,980,724,813 votes for, 14,669,424 against, and 319,898 abstentions recorded on the ratification proposal.