STOCK TITAN

Pinterest (NYSE: PINS) CBO sells 60,983 Class A shares at $20.77

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Pinterest, Inc. Chief Business Officer Claude Leonard Brown sold 60,983 shares of Class A Common Stock in an open-market transaction on May 6, 2026 at a weighted average price of $20.7735 per share. Following this sale, he directly holds 1,282,900 shares, which include restricted stock units that are subject to vesting conditions. The reported sale price reflects multiple trades executed between $20.795 and $20.99 per share.

Positive

  • None.

Negative

  • None.
Insider Brown Claude Leonard
Role Chief Business Officer
Sold 60,983 shs ($1.27M)
Type Security Shares Price Value
Sale Class A Common Stock 60,983 $20.7735 $1.27M
Holdings After Transaction: Class A Common Stock — 1,282,900 shares (Direct, null)
Footnotes (1)
  1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.795 to $20.99 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. Includes restricted stock units that are subject to vesting conditions.
Shares sold 60,983 shares Open-market sale of Class A Common Stock on May 6, 2026
Average sale price $20.7735 per share Weighted average price for the reported sale transactions
Post-transaction holdings 1,282,900 shares Direct holdings after sale, including restricted stock units
Price range of trades $20.795 to $20.99 per share Range of prices for individual sale transactions
Class A Common Stock financial
"sold 60,983 shares of Class A Common Stock in an open-market transaction"
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.
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
restricted stock units financial
"Includes restricted stock units that are subject to vesting conditions."
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.
vesting conditions financial
"Includes restricted stock units that are subject to vesting conditions."
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
SEC Form 4
FORM 4UNITED 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).
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*
Brown Claude Leonard

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/06/2026S60,983D$20.7735(1)1,282,900(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.795 to $20.99 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.
2. Includes restricted stock units that are subject to vesting conditions.
Remarks:
Jacquie Katzel, Attorney-in-Fact05/07/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Pinterest (PINS) report for Claude Leonard Brown?

Pinterest reported that Chief Business Officer Claude Leonard Brown sold 60,983 shares of Class A Common Stock in an open-market transaction on May 6, 2026, at a weighted average price of $20.7735 per share, according to the Form 4 insider filing.

How many Pinterest (PINS) shares does Claude Leonard Brown hold after the sale?

After the reported sale, Claude Leonard Brown directly holds 1,282,900 shares of Pinterest Class A Common Stock. This total includes restricted stock units that remain subject to vesting conditions, meaning some shares will only be fully earned if those conditions are satisfied.

At what prices were Claude Leonard Brown’s Pinterest (PINS) shares sold?

The filing shows a weighted average sale price of $20.7735 per share. Footnotes explain that the 60,983 shares were sold in multiple transactions, with individual trade prices ranging from $20.795 to $20.99 per share during the May 6, 2026 trading day.

What type of transaction was reported in the Pinterest (PINS) Form 4?

The Form 4 reports an open-market sale of Pinterest Class A Common Stock by Chief Business Officer Claude Leonard Brown. The transaction is coded “S,” indicating a sale in the open market or a private transaction, and involves non-derivative equity securities.

Do Claude Leonard Brown’s Pinterest (PINS) holdings include restricted stock units?

Yes. A footnote states that his reported post-transaction holdings of 1,282,900 shares include restricted stock units. These units are subject to vesting conditions, so they convert into fully owned shares only if specified service or performance requirements are met.