Pinterest director awarded 13,996 RSUs
Bergh Charles V reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bergh Charles V reported acquisition or exercise transactions in this Form 4 filing.
PINTEREST, INC. director Charles V. Bergh received a grant of Restricted Stock Units tied to the company’s Class A common stock. The award covers 13,996 RSUs, with each unit representing the right to receive one share, based on a reference price of $19.29 per share.
The RSUs are scheduled to vest in full on the earlier of May 22, 2027 or immediately before Pinterest’s next regular annual stockholders meeting, subject to his continued service, and will vest immediately upon a change in control. Following this grant, Bergh directly holds 38,062 Class A shares (including unvested RSUs) and indirectly holds 487 shares through the Charles and Juliet Bergh Revocable Trust.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 13,996 | $19.29 | $270K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Restricted Stock Units (RSUs) scheduled to vest in full on the earlier of (i) May 22, 2027 or (ii) the date immediately prior to the Company's next regular annual stockholders meeting (subject to continued service), with immediate vesting in full upon the consummation of a change in control. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.
- F2. Includes RSUs subject to vesting conditions.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
change in control financial
vesting conditions financial
FAQ
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What did PINS director Charles Bergh receive in this Form 4 filing?
When do Charles Bergh’s new Pinterest (PINS) RSUs vest?
Is Charles Bergh’s Pinterest (PINS) Form 4 a stock purchase or a grant?
What is the significance of the trust in Charles Bergh’s Pinterest (PINS) holdings?
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