Pinterest Legal Chief's 14,935 Shares Withheld for Tax Obligations
Pinterest Chief Legal & Business Affairs Officer Walcott Wanjiku Juanita reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 20, 2025.
Rhea-AI Filing Summary
Pinterest Chief Legal & Business Affairs Officer Walcott Wanjiku Juanita reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 20, 2025. The insider disposed of 14,935 shares of Class A Common Stock at a price of $34.22 per share.
Key details of the transaction:
- The shares were withheld by Pinterest for tax withholding purposes related to the vesting of restricted stock units (RSUs)
- Following the transaction, the insider holds 401,740 shares directly, including unvested RSUs
- The transaction was coded as 'F' indicating a payment of exercise price or tax liability using securities already owned
This routine transaction appears to be part of standard executive compensation arrangements and tax obligation management, rather than a discretionary trading decision by the insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 14,935 | $34.22 | $511K |
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.
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