Pinterest (PINS) CFO uses 35,941 shares to pay RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinterest, Inc. Chief Financial Officer Julia Brau Donnelly reported a routine tax-related share disposition. On the vesting and net settlement of previously reported restricted stock units, the company withheld 35,941 shares of Class A Common Stock to satisfy income tax obligations at an effective price of $20.27 per share. After this non‑market, tax-withholding transaction, Donnelly directly holds 876,505 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brau Donnelly Julia
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 35,941 | $20.27 | $729K |
Holdings After Transaction:
Class A Common Stock — 876,505 shares (Direct, null)
Footnotes (1)
- 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"). Includes RSUs subject to vesting requirements.
Key Figures
Shares withheld for taxes: 35,941 shares
Tax withholding share value: $20.27 per share
Shares held after transaction: 876,505 shares
+1 more
4 metrics
Shares withheld for taxes
35,941 shares
Class A Common Stock withheld to satisfy income tax obligations
Tax withholding share value
$20.27 per share
Valuation applied to shares withheld for RSU-related taxes
Shares held after transaction
876,505 shares
Direct Class A Common Stock holdings after tax-withholding disposition
Tax-withholding transactions
1 transaction
Single F-code tax-withholding disposition in this Form 4
Key Terms
restricted stock units ("RSUs"), income tax withholding, net settlement, Class A Common Stock
4 terms
restricted stock units ("RSUs") financial
"in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
income tax withholding financial
"withheld by the Company to satisfy income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
Class A Common Stock financial
"Represents shares of Class A Common Stock that have been withheld by the Company"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Pinterest (PINS) disclose for CFO Julia Brau Donnelly?
Pinterest disclosed a tax-withholding share disposition by its CFO. The company withheld 35,941 Class A shares to cover income taxes upon vesting and net settlement of previously reported RSUs, a routine non-market transaction reflected on the Form 4 filing.
Was the Pinterest (PINS) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 35,941 Class A shares were retained by the company to satisfy income tax obligations when previously reported RSUs vested.