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[Form 4] Pinterest, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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.

Positive
  • 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
Negative
  • 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.

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*
Rajaram Gokul

(Last) (First) (Middle)
C/O PINTEREST, INC.
651 BRANNAN STREET

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PINTEREST, INC. [ PINS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/20/2025 S 1,150(1) D $35 30,600(2) D
Class A Common Stock 3,957 I Rajaram Family Revocable Trust
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
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2024.
2. Includes restricted stock units subject to vesting requirements.
Remarks:
Jacquie Katzel, Attorney-in-Fact 08/21/2025
** 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.

FAQ

What did Rajaram Gokul report on Form 4 for PINS?

He reported a sale of 1,150 Class A shares on 08/20/2025 at $35 per share and current direct ownership of 30,600 shares.

Was the sale by Rajaram Gokul part of a 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2024.

Does Rajaram Gokul hold additional shares indirectly?

Yes. The Form 4 reports indirect beneficial ownership of 3,957 shares through the Rajaram Family Revocable Trust, noted as restricted stock units subject to vesting.

When was the Form 4 signed and by whom?

The form shows a signature dated 08/21/2025 executed by Jacquie Katzel, Attorney-in-Fact, on behalf of the reporting person.

Does this Form 4 disclose any derivative or option transactions?

No. Table II for derivative securities shows no reported transactions or holdings in the provided filing.
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17.24B
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Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States
SAN FRANCISCO