Pinterest (NYSE: PINS) CTO has 27K shares withheld for taxes

Rhea-AI Filing Summary

PINTEREST, INC. (PINS) reported that Chief Product & Tech. Officer Matthew Madrigal had 27,343 shares of Class A Common Stock withheld on 2026-08-20 to cover income tax obligations arising from the vesting and net settlement of previously reported Restricted Stock Units. This tax-withholding disposition, reported at $23.23 per share, reduced his directly held shares used for withholding but left him with 1,577,503 shares of Class A Common Stock held directly, which include RSUs that remain subject to vesting conditions.

Insider Trade Summary

Net Seller: 27,343 shares

Net Sell 1 txn

Insider Madrigal Matthew

Role Chief Product & Tech. Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2	27,343	$23.23	$635K

Holdings After Transaction: Class A Common Stock — 1,577,503 shares (Direct)

Footnotes (2)

1. 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").
2. F2. Includes RSUs subject to vesting conditions.

Key Figures

Shares withheld for taxes: 27,343 shares of Class A Common Stock Per-share value for withholding: $23.23 per share Shares owned after transaction: 1,577,503 shares of Class A Common Stock +2 more

5 metrics

Shares withheld for taxes 27,343 shares of Class A Common Stock Withheld on 2026-08-20 to satisfy income tax obligations upon RSU vesting

Per-share value for withholding $23.23 per share Value used in the Code F tax-withholding disposition on 2026-08-20

Shares owned after transaction 1,577,503 shares of Class A Common Stock Direct holdings by Matthew Madrigal following the reported transaction, including RSUs subject to vesting

Tax-withholding shares count (Code F) 27,343 shares ExercisePriceOrTaxLiabilityShares in transaction summary for this Form 4

Number of Code F transactions in filing 1 transaction ExercisePriceOrTaxLiabilityCount in transaction summary

Key Terms

Restricted Stock Units, net settlement, income tax withholding, Rule 10b5-1

4 terms

Restricted Stock Units financial

"in connection with the vesting and net settlement of previously reported Restricted Stock Units"

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.

net settlement financial

"in connection with the vesting and net settlement of previously reported Restricted Stock Units"

income tax withholding financial

"withheld by the Company to satisfy income tax withholding and remittance obligations"

Rule 10b5-1 regulatory

"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did PINS officer Matthew Madrigal report?

Matthew Madrigal reported a Code F tax-withholding transaction, where 27,343 shares of Pinterest Class A Common Stock were withheld on 2026-08-20 to satisfy income tax obligations from the vesting and net settlement of previously reported RSUs.

At what price were the Pinterest (PINS) shares valued for the tax withholding?

The withheld Pinterest (PINS) shares were valued at $23.23 per share in connection with the tax-withholding transaction tied to the vesting and net settlement of previously reported Restricted Stock Units.

How many Pinterest (PINS) shares does Matthew Madrigal hold after this Form 4 transaction?

After this transaction, Matthew Madrigal directly holds 1,577,503 shares of Pinterest Class A Common Stock. This amount includes RSUs subject to vesting conditions as noted in the filing footnotes.

Was the Pinterest (PINS) Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and the transaction is characterized as a payment of tax liability by withholding shares rather than as a trade under a Rule 10b5-1 trading plan.

What does Code F mean in the Pinterest (PINS) Form 4 for Matthew Madrigal?

Code F indicates a payment of tax liability by delivering or withholding securities. In this case, 27,343 Pinterest Class A shares were withheld to cover income tax obligations from the vesting and net settlement of previously reported RSUs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/24/2026 - 04:33 PM Accepted by SEC EDGAR 08/24/2026 - 04:33 PM Learn about SEC filing dates

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).

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^*

Madrigal Matthew

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Product & Tech. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/20/2026		F		27,343(1)	D	$23.23	1,577,503(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	08/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)