Pinterest CFO share withholding for RSU taxes
Rhea-AI Filing Summary
PINTEREST, INC. Chief Financial Officer Julia Brau Donnelly reported a routine tax-related share disposition. The company withheld 35,940 shares of Class A Common Stock at $18.68 per share to cover income tax obligations tied to vesting restricted stock units. After this withholding, she directly holds 504,418 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 35,940 shares
Exercise Price or Tax Liability
1 txn
Insider
Brau Donnelly Julia
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 35,940 | $18.68 | $671K |
Holdings After Transaction:
Class A Common Stock — 504,418 shares (Direct)
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 requirements.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Pinterest (PINS) CFO Julia Brau Donnelly report?
Pinterest CFO Julia Brau Donnelly reported a tax-related share disposition. The company withheld 35,940 Class A shares to satisfy income tax obligations arising from the vesting and net settlement of previously granted restricted stock units, rather than an open-market stock sale.
Was the Pinterest (PINS) CFO’s Form 4 a stock sale in the open market?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Pinterest to satisfy income tax obligations from vesting restricted stock units, consistent with standard equity compensation settlement practices for executives.
What do the footnotes in the Pinterest (PINS) CFO’s Form 4 explain?
The footnotes clarify that the 35,940 shares were withheld to satisfy income tax obligations from vesting restricted stock units and that remaining holdings include RSUs subject to vesting. This emphasizes the transaction is compensation-related, not an open-market trading decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.