Pinterest (NYSE: PINS) awards 1.4M RSUs to chief business officer

Rhea-AI Filing Summary

Brown Claude Leonard reported acquisition or exercise transactions in this Form 4 filing.

Pinterest, Inc. reported that Chief Business Officer Claude Leonard Brown received two equity awards in the form of Restricted Stock Units (RSUs) for its Class A common stock under the company’s 2019 Omnibus Incentive Plan.

The first award covers 1,351,622 RSUs that vest 9.25% on March 20, 2026 and every third month through March 30, 2027, 8% on March 20, 2027 and every third month through March 20, 2028, and 7.75% on March 20, 2028 and every third month thereafter, subject to continued service. The second award covers 56,303 RSUs that vest 33% on March 20, 2027 and every third month thereafter, also subject to continued service. Each RSU represents the right to receive one share of Class A common stock upon vesting.

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

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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 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		A		1,351,622	A	$0	1,351,622(1)	D
Class A Common Stock	03/05/2026		A		56,303	A	$0	1,407,925(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 a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan, which will vest 9.25% on each of March 20, 2026, and every 3rd month thereafter that occurs prior to March 30, 2027; 8% on each of March 20, 2027 and every 3rd month thereafter that occurs prior to March 20, 2028; and 7.75% on each of March 20, 2028 and every 3rd month thereafter, in each case subject to continued service. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.

2. Represents a grant of RSUs under the Issuer's 2019 Omnibus Incentive Plan, which will vest 33% on each of March 20, 2027, and every 3rd month thereafter, in each case subject to continued service. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.

Remarks:

	Jacquie Katzel, Attorney-in-Fact	03/05/2026
	** 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).
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FAQ

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

Pinterest reported that Chief Business Officer Claude Leonard Brown received two grants of Restricted Stock Units. Together they cover 1,351,622 and 56,303 RSUs of Class A common stock, awarded under the company’s 2019 Omnibus Incentive Plan, subject to multi-year vesting schedules and continued service.

How many RSUs did Claude Leonard Brown receive from Pinterest (PINS)?

Claude Leonard Brown received two RSU grants totaling 1,407,925 units of Class A common stock. One grant covers 1,351,622 RSUs and the second covers 56,303 RSUs, all issued under Pinterest’s 2019 Omnibus Incentive Plan and subject to specified time-based vesting conditions.

What is the vesting schedule for the 1,351,622 Pinterest (PINS) RSUs?

The 1,351,622 RSUs vest 9.25% on March 20, 2026 and every third month before March 30, 2027, 8% on March 20, 2027 and every third month before March 20, 2028, and 7.75% on March 20, 2028 and every third month thereafter, subject to continued service.

How do the additional 56,303 Pinterest (PINS) RSUs vest for Claude Brown?

The 56,303 RSUs vest in three equal installments of 33% each. Vesting occurs on March 20, 2027 and every third month thereafter, provided Claude Leonard Brown continues his service, with each vested RSU convertible into one share of Class A common stock.

What does each Pinterest (PINS) RSU granted to Claude Brown represent?

Each RSU represents Claude Leonard Brown’s right to receive one share of Pinterest Class A common stock. Delivery of shares occurs upon vesting, and all vesting is conditioned on his continued service with the company under the terms of the 2019 Omnibus Incentive Plan.

Were these Pinterest (PINS) RSU grants open-market stock purchases or compensation awards?

These transactions were compensation-related RSU awards, not open-market purchases. The Form 4 identifies them with code “A” as grants or awards, issued at a stated price of $0.0000 per share under Pinterest’s 2019 Omnibus Incentive Plan, subject to time-based vesting.