[Form 4] Pinterest, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Key take-aways from Pinterest, Inc. (PINS) Form 4 filed 06/30/2025

Chief Legal & Business Affairs Officer Juanita Wanjiku Walcott reported the sale of 11,510 Class A common shares on 06/27/2025 at a weighted-average price of $35.6804. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted 08/22/2024, signalling the disposal was scheduled in advance and not timed opportunistically. Following the sale, the officer continues to hold 390,230 shares (includes unvested RSUs), maintaining a substantial equity stake. No derivative securities were involved in this filing, and there were no additional purchases or option exercises disclosed. The filing was signed by Attorney-in-Fact Jacquie Katzel on 06/30/2025.

Because the shares sold represent roughly 3% of the insider’s reported holdings, the disposal is relatively modest and is unlikely to materially affect overall insider ownership levels or voting power. Nonetheless, any insider sale can draw investor attention to potential valuation considerations, especially as the stock traded in the mid-$35 range.

Insights

Financial Analyst

TL;DR: Modest insider sale under 10b5-1 plan; neutral signal for PINS.

The 11,510-share sale equals roughly 3% of Ms. Walcott’s stake, leaving 390,230 shares outstanding. Because the disposal is governed by a previously adopted Rule 10b5-1, it limits concerns about opportunistic timing. The transaction does not involve derivatives, option exercises, or multiple officers, reducing its informational weight. Overall, the filing is routine and does not materially alter Pinterest’s insider ownership profile or imply changes in corporate outlook.

Corporate Governance Expert

TL;DR: Scheduled trade shows compliance discipline; governance impact minimal.

The presence of a clearly documented 10b5-1 plan demonstrates strong adherence to insider-trading best practices. Retention of 390k shares suggests continued alignment of leadership with shareholder interests. No red flags such as rapid consecutive sales, option monetisation, or multi-insider participation appear in this Form 4. Governance risk remains unchanged, therefore the market impact is expected to be negligible.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Walcott Wanjiku Juanita

(Last) (First) (Middle)

C/O PINTEREST, INC.

651 BRANNAN STREET

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PINTEREST, INC. [ PINS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & Bus Affairs Ofc.

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/27/2025		S(1)		11,510	D	$35.6804(2)	390,230(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2024..

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.6800 to $35.7150 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. Includes restricted stock units subject to vesting requirements.

Remarks:

	Jacquie Katzel, Attorney-in-Fact	06/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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