STOCK TITAN

Pinterest (PINS) Chief Business Officer sells 12,240 shares in planned trade

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

PINTEREST, INC. Chief Business Officer Claude Leonard Brown reported a sale of 12,240 shares of Class A Common Stock on 2026-08-11 at a weighted average price of $23.8795 per share in an open-market transaction. The transaction was effected under a Rule 10b5-1 trading plan adopted on May 11, 2026. Following this sale, Brown directly holds 1,206,834 shares, which include restricted stock units subject to vesting conditions.

Positive

  • None.

Negative

  • None.
Insider Brown Claude Leonard
Role Chief Business Officer
Sold 12,240 shs ($292K)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2, F3 12,240 $23.8795 $292K
Holdings After Transaction: Class A Common Stock — 1,206,834 shares (Direct)
Footnotes (3)
  1. F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026.
  2. F2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $23.71 to $24.08 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. F3. Includes restricted stock units that are subject to vesting conditions.
Shares sold 12,240 shares Class A Common Stock sold on 2026-08-11
Weighted average sale price $23.8795 per share Open-market sale on 2026-08-11
Price range $23.71 to $24.08 per share Range of individual sale prices in the reported transaction
Shares owned after sale 1,206,834 shares Direct holdings after transaction, including RSUs subject to vesting
10b5-1 plan adoption date May 11, 2026 Date the Rule 10b5-1 trading plan governing this sale was adopted
Rule 10b5-1 trading plan regulatory
"sales reported were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
restricted stock units financial
"Includes restricted stock units that are subject to vesting conditions."
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.

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

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FAQ

What did Pinterest (PINS) Chief Business Officer Claude Leonard Brown report in this Form 4?

Claude Leonard Brown reported a sale of 12,240 Class A shares of Pinterest on 2026-08-11 at a weighted average price of $23.8795 per share, executed as an open-market transaction under a Rule 10b5-1 trading plan.

How many Pinterest (PINS) shares did Claude Leonard Brown sell and at what price?

He sold 12,240 shares of Pinterest Class A Common Stock at a weighted average price of $23.8795 per share, with individual trade prices ranging from $23.71 to $24.08 according to the filing footnote.

How many Pinterest (PINS) shares does Claude Leonard Brown hold after this transaction?

After the sale, Claude Leonard Brown directly holds 1,206,834 shares of Pinterest Class A Common Stock. This total includes restricted stock units that remain subject to vesting conditions as disclosed in the footnotes.

Was Claude Leonard Brown’s Pinterest (PINS) share sale under a Rule 10b5-1 plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan that Brown adopted on May 11, 2026, indicating the trades were pre-arranged rather than discretionary at the time of execution.

What price range did Claude Leonard Brown’s Pinterest (PINS) share sales cover?

The filing states the weighted average price was $23.8795 per share, with multiple transactions executed at prices ranging from $23.71 to $24.08 per share. Detailed trade-by-trade pricing is available upon request from the company.
SEC Form 4
FORM 4UNITED 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*
Brown Claude Leonard

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/11/2026S(1)12,240D$23.8795(2)1,206,834(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 adopted by the reporting person on May 11, 2026.
2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $23.71 to $24.08 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 that are subject to vesting conditions.
Remarks:
Jacquie Katzel, Attorney-in-Fact08/12/2026
** Signature of Reporting PersonDate
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)