Pinterest CTO reports tax share withholding
Pinterest, Inc. Chief Technology Officer Matthew Madrigal reported a tax-related share disposition under a pre-existing equity award.
Rhea-AI Filing Summary
Pinterest, Inc. Chief Technology Officer Matthew Madrigal reported a tax-related share disposition under a pre-existing equity award. On this Form 4, 19,529 shares of Class A Common Stock were withheld by the company at $17.77 per share to cover income tax obligations from the vesting and net settlement of previously reported RSUs. After this withholding, Madrigal directly owns 993,219 shares of Class A Common Stock, which include RSUs that remain subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 19,529 | $17.77 | $347K |
Footnotes (2)
- F1. Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs").
- F2. Includes RSUs subject to vesting conditions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Pinterest (PINS) CTO Matthew Madrigal report in this Form 4?
Was the Pinterest (PINS) CTO’s Form 4 transaction an open-market sale?
What do the Form 4 footnotes say about the Pinterest (PINS) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.