Pinterest: Silbermann trust sells 46,875 shares twice

The sales were made under a Rule 10b5-1 trading plan adopted February 27, 2026.

Rhea-AI Filing Summary

Pinterest, Inc. (PINS) director and 10% owner Benjamin Silbermann reported that the Benjamin and Divya Silbermann Family Trust converted 46,875 Class B shares into Class A shares and sold 46,875 Class A shares on September 29, 2026, then repeated the same conversion and sale on September 30. The weighted average sale prices were $18.3336 and $18.7225 per share, respectively; the sales were made under a Rule 10b5-1 trading plan adopted February 27, 2026.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 9 txns

Insider Silbermann Benjamin

Role Director, 10% Owner

Sold 93,750 shs ($1.74M)

Approx. gross sale proceeds $1.74M

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock F6	46,875	$0.00	$0.00
Conversion	Class A Common Stock F1	46,875	$0.00	$0.00
Sale	Class A Common Stock F2, F4	46,875	$18.7225	$878K
Conversion	Class B Common Stock F6	46,875	$0.00	$0.00
Conversion	Class A Common Stock F1	46,875	$0.00	$0.00
Sale	Class A Common Stock F2, F3	46,875	$18.3336	$859K
holding	Class B Common Stock F6, F7	--	--	--
holding	Class B Common Stock F6	--	--	--
holding	Class A Common Stock F5	--	--	--

Holdings After Transaction: Class B Common Stock — 34,236,888 contracts (Indirect, Benjamin and Divya Silbermann Family Trust); Class A Common Stock — 0 shares (Indirect, Benjamin and Divya Silbermann Family Trust); Class B Common Stock — 8,762,530 contracts (Indirect, SFTC, LLC); Class B Common Stock — 1,174,715 contracts (Direct); Class A Common Stock — 13,996 shares (Direct)

Footnotes (7)

1. F1. Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into Class A Common Stock, par value $0.00001 ("Class A Common Stock"), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
2. F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
3. F3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.225 to $18.45 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.
4. F4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.37 to $19.01 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.
5. F5. Represents previously reported RSUs that are subject to vesting requirements.
6. F6. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.
7. F7. Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.

Key Figures

Class B shares converted: 46,875 shares Class A shares sold: 46,875 shares Weighted average sale price: $18.3336 per share +3 more

6 metrics

Class B shares converted 46,875 shares September 29, 2026

Class A shares sold 46,875 shares September 29, 2026

Weighted average sale price $18.3336 per share September 29, 2026

Class B shares converted 46,875 shares September 30, 2026

Class A shares sold 46,875 shares September 30, 2026

Weighted average sale price $18.7225 per share September 30, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, RSUs

3 terms

Rule 10b5-1 trading plan regulatory

"pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"The reported price in Column 4 is a weighted average sale price"

RSUs financial

"previously reported RSUs that are subject to vesting requirements"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PINS shares did Benjamin Silbermann's trust sell, and at what prices?

The Benjamin and Divya Silbermann Family Trust sold 46,875 Class A shares on September 29, 2026, at a weighted average $18.3336 per share, and 46,875 Class A shares on September 30, 2026, at a weighted average $18.7225 per share.

What were the PINS share-price ranges for the trust's sales?

The September 29, 2026 sale involved multiple transactions at $18.225 to $18.45 per share; the September 30, 2026 sale involved multiple transactions at $18.37 to $19.01 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/30/2026 - 04:08 PM Accepted by SEC EDGAR 09/30/2026 - 04:07 PM Learn about SEC filing dates

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^*

Silbermann Benjamin

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/29/2026		C(1)		46,875	A	$0	46,875	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock	09/29/2026		S(2)		46,875	D	$18.3336(3)	0	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock	09/30/2026		C(1)		46,875	A	$0	46,875	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock	09/30/2026		S(2)		46,875	D	$18.7225(4)	0	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock								13,996(5)	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
Class B Common Stock	(6)	09/29/2026		C			46,875	(6)	(6)	Class A Common Stock	46,875	$0	34,283,763	I	Benjamin and Divya Silbermann Family Trust
Class B Common Stock	(6)	09/30/2026		C			46,875	(6)	(6)	Class A Common Stock	46,875	$0	34,236,888	I	Benjamin and Divya Silbermann Family Trust
Class B Common Stock	(6)							(6)	(6)	Class A Common Stock	8,762,530		8,762,530	I	SFTC, LLC(7)
Class B Common Stock	(6)							(6)	(6)	Class A Common Stock	1,174,715		1,174,715	D

Explanation of Responses:

1. Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into Class A Common Stock, par value $0.00001 ("Class A Common Stock"), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.

3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.225 to $18.45 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.

4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.37 to $19.01 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.

5. Represents previously reported RSUs that are subject to vesting requirements.

6. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.

7. Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.

Remarks:

	Jacquie Katzel, Attorney-in-Fact	09/30/2026
	** Signature of Reporting Person	Date
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)