Director Benjamin Silbermann gets 13,996 RSUs at Pinterest (PINS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silbermann Benjamin reported acquisition or exercise transactions in this Form 4 filing.
Pinterest, Inc. director and ten percent owner Benjamin Silbermann received a grant of 13,996 Restricted Stock Units (RSUs) of Class A common stock on May 22, 2026. Each RSU represents one share and is priced at $19.29 per share in the filing.
The RSUs are scheduled to vest in full on the earlier of May 22, 2027 or the date immediately prior to Pinterest’s next regular annual stockholders meeting, subject to Silbermann’s continued service. The award vests immediately in full upon a change in control. Following this grant, his reported direct holdings from this award total 13,996 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silbermann Benjamin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 13,996 | $19.29 | $270K |
Holdings After Transaction:
Class A Common Stock — 13,996 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units (RSUs) scheduled to vest in full on the earlier of (i) May 22, 2027 or (ii) the date immediately prior to the Company's next regular annual stockholders meeting (subject to continued service), with immediate vesting in full upon the consummation of a change in control. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting. RSUs subject to vesting conditions.
Key Figures
RSUs granted: 13,996 units
Grant price per share: $19.29 per share
Shares following transaction: 13,996 shares
+1 more
4 metrics
RSUs granted
13,996 units
Restricted Stock Units granted to Benjamin Silbermann on May 22, 2026
Grant price per share
$19.29 per share
Value per share used in the RSU grant disclosure
Shares following transaction
13,996 shares
Total Class A shares reported as directly owned after the grant
Scheduled vesting date
May 22, 2027
RSUs vest on the earlier of this date or before the next annual meeting
Key Terms
Restricted Stock Units (RSUs), change in control, vesting conditions
3 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) scheduled to vest in full on the earlier of (i) May 22, 2027..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
change in control financial
"with immediate vesting in full upon the consummation of a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
vesting conditions financial
"RSUs subject to vesting conditions."
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
FAQ
What insider transaction did Pinterest (PINS) report for Benjamin Silbermann?
Pinterest reported that director and ten percent owner Benjamin Silbermann received 13,996 Restricted Stock Units (RSUs) of Class A common stock on May 22, 2026. Each RSU represents the right to receive one share, subject to specific vesting conditions.
How many Pinterest (PINS) RSUs were granted to Benjamin Silbermann and at what price?
Benjamin Silbermann was granted 13,996 RSUs of Pinterest Class A common stock, with the filing showing a value of $19.29 per share. Each RSU converts into one share upon vesting, providing equity-based compensation tied directly to Pinterest’s stock.
When do Benjamin Silbermann’s Pinterest (PINS) RSUs vest?
The 13,996 RSUs are scheduled to vest in full on the earlier of May 22, 2027 or the date immediately prior to Pinterest’s next regular annual stockholders meeting. Vesting is also conditioned on Silbermann’s continued service with the company until that time.
What happens to Benjamin Silbermann’s Pinterest (PINS) RSUs if there is a change in control?
The filing states that Silbermann’s RSUs will vest immediately in full upon the consummation of a change in control of Pinterest. This means all 13,996 units convert into shares if such a transaction closes, regardless of the original vesting schedule.
Are Benjamin Silbermann’s Pinterest (PINS) RSUs subject to vesting conditions?
Yes. The RSUs are explicitly described as subject to vesting conditions. They require Silbermann’s continued service until the earlier of May 22, 2027 or the date before the next regular annual stockholders meeting, unless a change in control triggers immediate full vesting.