STOCK TITAN

Pinterest (PINS) CBO has shares withheld to cover RSU tax bill

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Pinterest, Inc. Chief Business Officer Claude Leonard Brown reported a routine tax-related share disposition. On the vesting of previously granted Restricted Stock Units, 64,042 shares of Class A Common Stock were withheld by the company at $18.68 per share to cover income tax obligations.

After this tax-withholding transaction, Brown directly holds 1,343,883 shares of Pinterest Class A Common Stock. The filing describes this as a payment of tax liability by delivering securities, rather than an open-market sale.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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).
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*
Brown Claude Leonard

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/20/2026F64,042(1)D$18.681,343,883(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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 previously reported Restricted Stock Units ("RSUs").
2. Includes RSUs subject to vesting conditions.
Remarks:
Jacquie Katzel, Attorney-in-Fact03/23/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Pinterest (PINS) report for Claude Leonard Brown?

Pinterest reported a tax-related share disposition by Chief Business Officer Claude Leonard Brown. The company withheld 64,042 Class A shares to satisfy income tax obligations linked to the vesting of previously granted Restricted Stock Units, rather than an open-market sale of shares.

How many Pinterest (PINS) shares were withheld for taxes in this Form 4?

A total of 64,042 Class A Common Stock shares were withheld to cover income tax obligations. The withholding occurred in connection with the vesting and net settlement of previously reported Restricted Stock Units, at a reference price of $18.68 per share stated in the filing.

Did Pinterest’s Chief Business Officer sell shares on the open market in this Form 4?

No open-market sale was reported. The Form 4 shows an F-code transaction, meaning shares were withheld by Pinterest to pay tax liabilities tied to Restricted Stock Unit vesting. This is a routine administrative disposition, not a discretionary buy-or-sell market trade by the executive.

How many Pinterest (PINS) shares does Claude Leonard Brown hold after the transaction?

After the tax-withholding transaction, Claude Leonard Brown directly holds 1,343,883 shares of Pinterest Class A Common Stock. This figure reflects his remaining direct ownership following the withholding of 64,042 shares to satisfy income tax obligations associated with vesting Restricted Stock Units.

What does transaction code F mean in the Pinterest (PINS) Form 4 filing?

Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this case, Pinterest withheld 64,042 shares of Class A Common Stock to satisfy income tax withholding and remittance obligations arising from the vesting of previously reported Restricted Stock Units.

Are there still unvested RSUs for Pinterest (PINS) held by Claude Leonard Brown?

Yes. The filing notes that the reported holdings include Restricted Stock Units subject to vesting conditions. This means part of Claude Leonard Brown’s reported position consists of RSUs that will vest over time according to their existing award terms and conditions.
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11.78B
554.21M
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States
SAN FRANCISCO