Pinterest director-linked trust sells 93,750 shares

The sales were made under a Rule 10b5-1 trading plan adopted by Benjamin Silbermann on February 27, 2026.

Rhea-AI Filing Summary

Pinterest, Inc. director and ten percent owner Benjamin Silbermann reported indirect transactions by the Benjamin and Divya Silbermann Family Trust: on September 22 and September 23, 2026, the trust converted 46,875 Class B shares into Class A shares and sold 46,875 Class A shares each day.

The weighted average sale prices were $19.4966 per share on September 22 and $18.2070 on September 23. The shares were sold in multiple transactions at prices ranging from $19.30 to $19.745 and from $18.065 to $18.46, respectively. The sales were made under a Rule 10b5-1 trading plan adopted by Benjamin Silbermann on February 27, 2026.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 9 txns

Insider Silbermann Benjamin

Role Director, 10% Owner

Sold 93,750 shs ($1.77M)

Approx. gross sale proceeds $1.77M

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock F6	46,875	$0.00	$0.00
Conversion	Class A Common Stock F1	46,875	$0.00	$0.00
Sale	Class A Common Stock F2, F4	46,875	$18.207	$853K
Conversion	Class B Common Stock F6	46,875	$0.00	$0.00
Conversion	Class A Common Stock F1	46,875	$0.00	$0.00
Sale	Class A Common Stock F2, F3	46,875	$19.4966	$914K
holding	Class B Common Stock F6, F7	--	--	--
holding	Class B Common Stock F6	--	--	--
holding	Class A Common Stock F5	--	--	--

Holdings After Transaction: Class B Common Stock — 34,330,638 contracts (Indirect, Benjamin and Divya Silbermann Family Trust); Class A Common Stock — 0 shares (Indirect, Benjamin and Divya Silbermann Family Trust); Class B Common Stock — 8,762,530 contracts (Indirect, SFTC, LLC); Class B Common Stock — 1,174,715 contracts (Direct); Class A Common Stock — 13,996 shares (Direct)

Footnotes (7)

1. F1. Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into Class A Common Stock, par value $0.00001 ("Class A Common Stock"), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
2. F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
3. F3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.30 to $19.745 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.
4. F4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.065 to $18.46 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.
5. F5. Represents previously reported RSUs that are subject to vesting requirements.
6. F6. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.
7. F7. Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.

Key Figures

Class A shares sold: 46,875 shares Weighted average sale price: $19.4966 per share Sale-price range: $19.30 to $19.745 per share +3 more

6 metrics

Class A shares sold 46,875 shares September 22, 2026; Benjamin and Divya Silbermann Family Trust

Weighted average sale price $19.4966 per share September 22, 2026

Sale-price range $19.30 to $19.745 per share Multiple transactions on September 22, 2026

Class A shares sold 46,875 shares September 23, 2026; Benjamin and Divya Silbermann Family Trust

Weighted average sale price $18.2070 per share September 23, 2026

Sale-price range $18.065 to $18.46 per share Multiple transactions on September 23, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, automatic conversion

3 terms

Rule 10b5-1 trading plan regulatory

"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"

automatic conversion technical

"will, subject to certain exceptions, convert automatically into one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PINS shares did the Benjamin and Divya Silbermann Family Trust sell?

The trust sold 46,875 Class A shares on September 22, 2026, and 46,875 on September 23, 2026.

What were the PINS share sale prices reported for September 22 and 23, 2026?

The weighted average prices were $19.4966 per share on September 22 and $18.2070 on September 23. The reported price ranges were $19.30 to $19.745 and $18.065 to $18.46, respectively.

How did the PINS Class B shares convert into Class A shares?

Each Class B share is convertible at any time at the holder’s option into one Class A share; subject to certain exceptions, it also converts automatically upon transfer.

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

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Available on EDGAR 09/23/2026 - 06:29 PM Accepted by SEC EDGAR 09/23/2026 - 06:28 PM Learn about SEC filing dates

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^*

Silbermann Benjamin

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/22/2026		C(1)		46,875	A	$0	46,875	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock	09/22/2026		S(2)		46,875	D	$19.4966(3)	0	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock	09/23/2026		C(1)		46,875	A	$0	46,875	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock	09/23/2026		S(2)		46,875	D	$18.207(4)	0	I	Benjamin and Divya Silbermann Family Trust
Class A Common Stock								13,996(5)	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
Class B Common Stock	(6)	09/22/2026		C			46,875	(6)	(6)	Class A Common Stock	46,875	$0	34,377,513	I	Benjamin and Divya Silbermann Family Trust
Class B Common Stock	(6)	09/23/2026		C			46,875	(6)	(6)	Class A Common Stock	46,875	$0	34,330,638	I	Benjamin and Divya Silbermann Family Trust
Class B Common Stock	(6)							(6)	(6)	Class A Common Stock	8,762,530		8,762,530	I	SFTC, LLC(7)
Class B Common Stock	(6)							(6)	(6)	Class A Common Stock	1,174,715		1,174,715	D

Explanation of Responses:

1. Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into Class A Common Stock, par value $0.00001 ("Class A Common Stock"), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.

3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.30 to $19.745 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.

4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.065 to $18.46 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.

5. Represents previously reported RSUs that are subject to vesting requirements.

6. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.

7. Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.

Remarks:

	Jacquie Katzel, Attorney-in-Fact	09/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)