STOCK TITAN

Pinterest (PINS) CEO William Ready receives 656,456 RSU equity grant vesting in 2028

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ready William J reported acquisition or exercise transactions in this Form 4 filing.

Pinterest, Inc. Chief Executive Officer William J. Ready received an equity grant of 656,456 Restricted Stock Units (RSUs) of Class A common stock as compensation. The RSUs vest in four equal 25% installments on March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028, subject to his continued service. After this award, he directly holds 1,958,949 shares and RSUs in total, including restricted stock and RSUs that remain subject to vesting requirements.

Positive

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Insights

Large RSU grant to Pinterest’s CEO, time-vested and non-cash.

Pinterest granted CEO William J. Ready 656,456 RSUs of Class A common stock at no cash cost, under the company’s 2019 Omnibus Incentive Plan. This is a compensation award rather than an open-market purchase or sale.

The RSUs vest in four 25% tranches across 2028, conditioned on continued service. This structure ties a meaningful portion of his compensation to long-term company performance and retention, while immediately increasing his reported equity holdings to 1,958,949 shares and RSUs.

Insider Ready William J
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 656,456 $0.00 --
Holdings After Transaction: Class A Common Stock — 1,958,949 shares (Direct)
Footnotes (1)
  1. Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan, for which 25% will vest on each of March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028, subject to continued service through each such date. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting. Includes restricted stock and RSUs subject to vesting requirements.
RSU grant size 656,456 RSUs Grant of Class A common stock RSUs to CEO William Ready
Vesting schedule 25% per tranche Four equal vesting dates in 2028 for the RSU grant
Post-grant holdings 1,958,949 shares/RSUs Total direct holdings after award, including restricted stock and RSUs
Grant price per share $0.00 per share Non-cash RSU award under the 2019 Omnibus Incentive Plan
Vesting dates Mar 20, Jun 20, Sep 20, Dec 20 2028 RSU vesting schedule subject to continued service
Restricted Stock Units (RSUs) financial
"Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan"
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.
2019 Omnibus Incentive Plan financial
"Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan"
vesting financial
"Includes restricted stock and RSUs subject to vesting requirements."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A common stock financial
"Each RSU represents the Reporting Person's right to receive one share of Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
SEC Form 4
FORM 4UNITED 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).
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*
Ready William J

(Last)(First)(Middle)
C/O PINTEREST, INC.
651 BRANNAN STREET

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PINTEREST, INC. [ PINS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/10/2026A656,456(1)A$01,958,949(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan, for which 25% will vest on each of March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028, subject to continued service through each such date. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.
2. Includes restricted stock and RSUs subject to vesting requirements.
Remarks:
Jacquie Katzel, Attorney-in-Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity award did Pinterest (PINS) CEO William Ready receive in this Form 4?

Pinterest CEO William Ready received a grant of 656,456 Restricted Stock Units (RSUs) of Class A common stock. The award was granted at no cash cost as part of his compensation package under Pinterest’s 2019 Omnibus Incentive Plan.

How do William Ready’s new RSUs at Pinterest (PINS) vest over time?

The 656,456 RSUs vest in four equal 25% installments during 2028. Vesting dates are March 20, June 20, September 20, and December 20, 2028, and each tranche requires William Ready to remain in service through the applicable date.

How many Pinterest (PINS) shares and RSUs does William Ready hold after this transaction?

After this RSU grant, William Ready directly holds 1,958,949 shares and RSUs of Pinterest Class A common stock. This total includes restricted stock and RSUs that are still subject to vesting conditions and therefore may not yet be fully owned outright.

Is William Ready’s Pinterest (PINS) RSU grant an open-market stock purchase?

No, the 656,456-share transaction is a grant of RSUs, not an open-market stock purchase. It is a compensation award with a grant price of $0.00 per share, contingent on future vesting based on continued service at Pinterest.

What does each Pinterest (PINS) RSU in William Ready’s grant represent?

Each RSU represents the right to receive one share of Pinterest Class A common stock, par value $0.00001, upon vesting. The units do not require a purchase price from William Ready and convert into actual shares only as they vest over time.