Pinterest CBO reports tax share withholding
Pinterest, Inc. Chief Business Officer Claude Leonard Brown reported a routine tax-related share disposition.
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.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 64,042 | $18.68 | $1.20M |
Footnotes (2)
- F1. 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").
- F2. Includes RSUs subject to vesting conditions.
FAQ
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What insider transaction did Pinterest (PINS) report for Claude Leonard Brown?
What does transaction code F mean in the Pinterest (PINS) Form 4 filing?
Are there still unvested RSUs for Pinterest (PINS) held by Claude Leonard Brown?
AI-generated analysis. How Rhea-AI works. Not financial advice.