Pinterest CLO has 18,835 shares withheld for tax
Rhea-AI Filing Summary
PINTEREST, INC. (PINS) reported that its Chief Legal & Bus Affairs Officer, Walcott Wanjiku Juanita, had 18,835 shares of Class A Common Stock withheld on September 20, 2026 to satisfy income tax withholding and remittance obligations tied to vesting and net settlement of previously reported RSUs. After this tax-withholding disposition, she holds 673,005 shares directly, which the company notes include RSUs that remain subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 18,835 shares
Tax Withholding
1 txn
Insider
Walcott Wanjiku Juanita
Role
Chief Legal & Bus Affairs Ofc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 18,835 | $18.60 | $350K |
Holdings After Transaction:
Class A Common Stock — 673,005 shares (Direct)
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.
Key Figures
Shares withheld for taxes: 18,835 shares
Tax-withholding reference price: $18.60 per share
Shares held after transaction: 673,005 shares
+1 more
4 metrics
Shares withheld for taxes
18,835 shares
Class A Common Stock withheld on September 20, 2026 for income tax obligations on vesting RSUs
Tax-withholding reference price
$18.60 per share
Valuation used for the 18,835 withheld shares on September 20, 2026
Shares held after transaction
673,005 shares
Direct holdings of Class A Common Stock after the tax-withholding disposition, including RSUs subject to vesting
Code F shares related to tax or exercise obligations
18,835 shares
Reported as payment of tax liability by delivering or withholding securities
Key Terms
restricted stock units ("RSUs"), income tax withholding and remittance obligations, net settlement
3 terms
restricted stock units ("RSUs") financial
"in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
income tax withholding and remittance obligations financial
"withheld by the Company to satisfy income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Pinterest (PINS) disclose about insider Walcott Wanjiku Juanita in this Form 4?
Pinterest reported that Chief Legal & Bus Affairs Officer Walcott Wanjiku Juanita had 18,835 shares of Class A Common Stock withheld on September 20, 2026 to cover income tax obligations related to vesting RSUs, classified as a tax-withholding disposition.
Was the Pinterest (PINS) Form 4 transaction a sale on the open market?
No. The Form 4 describes the transaction as shares withheld by the company to satisfy income tax withholding and remittance obligations on vesting RSUs, not as an open-market sale of Pinterest shares.
Does the Form 4 note any Rule 10b5-1 trading plan for this Pinterest (PINS) insider transaction?
No. The filing indicates that the Rule 10b5-1 plan checkbox is not affirmed, and the footnotes describe the event solely as tax-related share withholding on vesting RSUs, without mentioning any pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.