Pinterest executive sells shares under 10b5-1 plan
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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.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 12,240 | $23.8795 | $292K |
Footnotes (3)
- 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.
- 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.
- F3. Includes restricted stock units that are subject to vesting conditions.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
restricted stock units financial
FAQ
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What did Pinterest (PINS) Chief Business Officer Claude Leonard Brown report in this Form 4?
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