[Form 4] Pinterest, Inc. Insider Trading Activity
Pinterest director Rajaram Gokul disclosed a sale of 1,150 shares of Class A common stock on 08/20/2025 at a reported price of $35 per share. The filing states the sale was executed pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2024. After the transaction he beneficially owns 30,600 shares of Class A common stock and has indirect beneficial ownership of 3,957 shares through the Rajaram Family Revocable Trust. The filing notes the 3,957 figure reflects restricted stock units subject to vesting requirements. The Form 4 was signed on 08/21/2025.
- Transaction executed under a Rule 10b5-1 trading plan, showing pre-established plan compliance
- Timely and complete Section 16 disclosure including plan adoption date, transaction price, and post-transaction holdings
- Identifies indirect holdings and vesting status for restricted stock units via the Rajaram Family Revocable Trust
- Director sold 1,150 shares, reducing direct beneficial holdings to 30,600 shares
- Sale may be perceived negatively by some investors because insider disposition was disclosed (no additional context provided)
Insights
Routine insider sale under a pre-established 10b5-1 plan; small direct disposition relative to disclosed post-sale holdings.
The filing reports a single, non-derivative sale of 1,150 Class A shares at $35 per share executed under a Rule 10b5-1 plan adopted on June 12, 2024. Post-transaction direct beneficial ownership is 30,600 shares, with an additional 3,957 RSUs held indirectly via a family trust and subject to vesting. This is a standard Section 16 disclosure documenting compliance with insider-trading plan conditions and does not by itself disclose any new company operational or financial developments.
Disclosure is compliant and clear: sale executed under an approved 10b5-1 plan and properly reported.
The Form 4 indicates the reporting person is a director and the transaction was executed pursuant to a written 10b5-1 plan. The filing specifies the plan adoption date and identifies indirect holdings through a revocable trust, including vesting status of RSUs. Signature and reporting details are present. From a governance and compliance perspective, the document meets required Section 16 reporting elements.