[Form 4] Pinterest, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Pinterest insider sale reported on Form 4. Chief Accounting Officer Andrea Acosta sold 3,759 shares of Class A common stock on 08/22/2025 at a weighted average price of $34.9634 per share, reducing her beneficial ownership to 157,402 shares. The sales were made pursuant to a Rule 10b5-1 trading plan adopted November 20, 2024, and the reported sale prices ranged from $34.8450 to $35.0650 per share. The filing notes that the post-transaction total includes restricted stock units subject to vesting requirements.

Positive

• Sale executed under a Rule 10b5-1 trading plan, providing an affirmative defense and procedural transparency.
• Filing discloses weighted average price and full price range ($34.8450 to $35.0650), enhancing transparency.
• Reporting person identified with title (Chief Accounting Officer), clarifying insider status.

Negative

• Beneficial ownership declined by 3,759 shares following the reported sale.
• Remaining shares include restricted stock units subject to vesting, which may not be freely tradable yet.

Insights

Corporate Governance Expert

TL;DR: Transaction appears procedural and compliant with a pre-established 10b5-1 plan.

The Form 4 discloses a routine sale by an officer under a Rule 10b5-1 trading plan adopted on November 20, 2024, which helps establish an affirmative defense against insider trading allegations for trades executed while in possession of material nonpublic information. The filing provides the weighted average sale price and the price range for the multiple executions, and it notes that restricted stock units are included in the post-sale beneficial ownership figure. Documentation of the plan date and the explicit footnote about per-price breakdown availability are helpful for transparency. Impact rating: 0 (neutral).

Securities Analyst

TL;DR: Small, disclosed sale with limited immediate market impact; holdings remain sizable.

The reported disposition of 3,759 shares at a weighted average of $34.9634 is modest relative to the remaining beneficial position of 157,402 shares. The filing supplies execution details including the range of prices and confirms the trade was executed under a pre-established trading plan. No derivatives, option exercises, or additional transfers are reported. From a market-materiality standpoint this single, documented sale by an officer is informational but not indicative of a company-level change. Impact rating: 0 (neutral).

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).

X

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^*

Acosta Andrea

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		S		3,759(1)	D	$34.9634(2)	157,402(3)	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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopting by the reporting person on November 20, 2024.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.8450 to $35.0650 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote

3. Includes restricted stock units subject to vesting requirements.

Remarks:

	Jacquie Katzel, Attorney-in-Fact	08/25/2025
	** 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.

FAQ

What insider transaction did Pinterest (PINS) report on this Form 4?

Andrea Acosta, Chief Accounting Officer, reported a sale of 3,759 Class A shares on 08/22/2025.

At what price were the shares sold in the PINS Form 4?

The weighted average sale price was $34.9634 per share; individual sale prices ranged from $34.8450 to $35.0650.

Was the sale part of a pre-established trading plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2024.

How many shares does the reporting person own after the transaction?

The Form 4 reports 157,402 shares beneficially owned following the reported transaction.

Do the post-transaction holdings include restricted shares?

Yes. The filing states the total includes restricted stock units subject to vesting requirements.