Pinterest (NYSE: PINS) CEO uses 32,056 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PINTEREST, INC. Chief Executive Officer William J. Ready reported a tax-related share disposition. On April 20, 2026, 32,056 shares of Class A common stock were withheld at $20.64 per share to cover income tax obligations tied to vesting Restricted Stock Awards.
These shares were not sold in the open market but retained by the company to satisfy tax withholding and remittance requirements. After this transaction, Ready directly holds 1,926,893 shares, which include Restricted Stock Awards and restricted stock units that remain subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ready William J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 32,056 | $20.64 | $662K |
Holdings After Transaction:
Class A Common Stock — 1,926,893 shares (Direct, null)
Footnotes (1)
- 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 Restricted Stock Awards (RSAs) previously reported. Includes RSAs and restricted stock units that are subject to vesting conditions.
Key Figures
Shares withheld for taxes: 32,056 shares
Withholding price per share: $20.64 per share
Shares held after transaction: 1,926,893 shares
+1 more
4 metrics
Shares withheld for taxes
32,056 shares
Tax-withholding disposition on Class A Common Stock
Withholding price per share
$20.64 per share
Value used for tax withholding on April 20, 2026
Shares held after transaction
1,926,893 shares
Direct Class A holdings following tax withholding event
Tax-withholding share count
32,056 shares
Reported in transactionSummary as taxWithholdingShares
Key Terms
Restricted Stock Awards (RSAs), restricted stock units, tax withholding disposition, net settlement
4 terms
Restricted Stock Awards (RSAs) financial
"in connection with the vesting and net settlement of Restricted Stock Awards (RSAs) previously reported"
restricted stock units financial
"Includes RSAs and restricted stock units that are subject to vesting conditions"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding disposition financial
"transaction_action": "tax-withholding disposition""
net settlement financial
"vesting and net settlement of Restricted Stock Awards (RSAs) previously reported"
FAQ
What insider transaction did Pinterest (PINS) report for its CEO?
Pinterest CEO William J. Ready reported a tax-withholding disposition of 32,056 Class A shares. The company withheld these shares to satisfy income tax obligations related to vesting Restricted Stock Awards, rather than an open-market sale of stock.
What is the significance of the RSAs and RSUs mentioned in the Pinterest (PINS) filing?
The filing notes that the CEO’s holdings include Restricted Stock Awards and restricted stock units that are still subject to vesting. These equity awards represent compensation that will convert into fully vested shares only if specified service or performance conditions are met over time.