Pinterest (PINS) legal chief sells 27,337 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PINTEREST, INC. Chief Legal & Business Affairs Officer Walcott Wanjiku Juanita sold 27,337 shares of Class A common stock in an open-market transaction at a weighted average price of $20.4632 per share on May 29, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 26, 2026. After this sale, the executive directly holds 724,673 shares, which the disclosure notes include restricted stock units that are still subject to vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 27,337 shares ($559,402)
Net Sell
1 txn
Insider
Walcott Wanjiku Juanita
Role
Chief Legal & Bus Affairs Ofc.
Sold
27,337 shs ($559K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 27,337 | $20.4632 | $559K |
Holdings After Transaction:
Class A Common Stock — 724,673 shares (Direct, null)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.21 to $20.68 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. Includes restricted stock units subject to vesting requirements.
Key Figures
Shares sold: 27,337 shares
Weighted average sale price: $20.4632 per share
Shares held after transaction: 724,673 shares
+1 more
4 metrics
Shares sold
27,337 shares
Class A Common Stock, open-market sale on May 29, 2026
Weighted average sale price
$20.4632 per share
Open-market sale range $20.21–$20.68 per share
Shares held after transaction
724,673 shares
Direct holdings after sale, includes RSUs subject to vesting
Price range of sales
$20.21–$20.68 per share
Multiple transactions aggregated into weighted average price
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted stock units
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
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."
restricted stock units financial
"Includes restricted stock units subject to vesting requirements."
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.
FAQ
What insider transaction did Pinterest (PINS) report for Walcott Wanjiku Juanita?
Pinterest reported that Chief Legal & Business Affairs Officer Walcott Wanjiku Juanita sold 27,337 Class A shares in an open-market trade at a weighted average price of $20.4632 per share under a Rule 10b5-1 plan.
At what price did the Pinterest (PINS) insider sale occur?
The reported sale used a weighted average price of $20.4632 per share, with individual trades executed between $20.21 and $20.68 per share, reflecting multiple transactions within that disclosed price range.
Was the Pinterest (PINS) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on February 26, 2026, indicating the trades were pre-arranged rather than discretionary decisions based on short-term market developments.
What does a weighted average sale price mean in the Pinterest (PINS) Form 4?
The weighted average sale price of $20.4632 means shares were sold through multiple trades between $20.21 and $20.68. The average reflects the combined value and volume of these trades rather than a single execution price.