Pinterest (PINS) legal chief sells 14,208 pre-planned shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinterest, Inc. reported that Chief Legal & Business Affairs Officer Walcott Wanjiku Juanita sold 14,208 shares of Class A common stock in an open-market transaction at $19.65 per share on June 24, 2026. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on February 26, 2026. After this sale, the executive directly holds 691,840 shares, including restricted stock units that are subject to vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,208 shares ($279,187)
Net Sell
1 txn
Insider
Walcott Wanjiku Juanita
Role
Chief Legal & Bus Affairs Ofc.
Sold
14,208 shs ($279K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 14,208 | $19.65 | $279K |
Holdings After Transaction:
Class A Common Stock — 691,840 shares (Direct, null)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026. The reported price in Column 4 is the sale price. 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. Includes restricted stock units subject to vesting requirements.
Key Figures
Shares sold: 14,208 shares
Sale price: $19.65 per share
Shares held after sale: 691,840 shares
+1 more
4 metrics
Shares sold
14,208 shares
Open-market sale of Class A Common Stock on June 24, 2026
Sale price
$19.65 per share
Price for the 14,208 Class A shares sold
Shares held after sale
691,840 shares
Direct ownership following the reported transaction
Net shares sold
14,208 shares
Net selling activity in this Form 4, per summary data
Key Terms
Rule 10b5-1 trading plan, restricted stock units, Class A Common Stock, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
restricted stock units financial
"Includes restricted stock units subject to vesting requirements."
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.
Class A Common Stock financial
"security_title: Class A Common Stock"
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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Pinterest (PINS) disclose in this Form 4?
Pinterest disclosed that executive Walcott Wanjiku Juanita sold 14,208 Class A shares. The open-market sale occurred at $19.65 per share and was executed under a Rule 10b5-1 trading plan adopted earlier in the year.
Who is the insider involved in the latest Pinterest (PINS) Form 4 filing?
The insider is Walcott Wanjiku Juanita, Pinterest’s Chief Legal & Business Affairs Officer. She reported an open-market sale of Class A common stock while retaining a substantial remaining direct ownership position after the transaction.
Was the Pinterest (PINS) insider sale part of a pre-arranged trading plan?
Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted on February 26, 2026. Such plans pre-schedule trades, helping separate personal portfolio decisions from short-term market information.