Pinterest (PINS) director awarded 13,996 RSUs, lifting holdings to 62,893 shares
Rhea-AI Filing Summary
A director of Pinterest, Inc. (PINS) reported receiving an award of 13,996 shares of Class A common stock on May 22, 2026 at a reference price of $19.29 per share. These are in the form of Restricted Stock Units (RSUs), each representing the right to receive one Class A share upon vesting.
The RSUs are scheduled to vest in full on the earlier of May 22, 2027 or the date immediately prior to Pinterest’s next regular annual stockholders meeting, subject to the director’s continued service, with full acceleration upon a change in control. Following this grant, the director beneficially owns 62,893 Class A shares, including RSUs that remain subject to vesting conditions.
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Key Figures
RSUs granted: 13,996 shares
RSU reference price: $19.29 per share
Beneficial ownership after grant: 62,893 shares
+1 more
4 metrics
RSUs granted
13,996 shares
Class A common stock equivalents awarded on May 22, 2026
RSU reference price
$19.29 per share
Value used for the 13,996-share RSU award
Beneficial ownership after grant
62,893 shares
Class A shares beneficially owned following the reported transaction
RSU vesting date
May 22, 2027
Latest date for full vesting, subject to earlier annual meeting trigger
Key Terms
Restricted Stock Units (RSUs), change in control, beneficially owned, Attorney-in-Fact
4 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) scheduled to vest in full on the earlier of (i) May 22, 2027 or (ii) the date immediately prior to the Company's next regular annual stockholders meeting"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
change in control financial
"with immediate vesting in full upon the consummation of a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
beneficially owned financial
"Includes RSUs subject to vesting conditions."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Attorney-in-Fact regulatory
"Jacquie Katzel, Attorney-in-Fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Pinterest (PINS) disclose in this Form 4?
Pinterest disclosed that one of its directors received an award of 13,996 Restricted Stock Units (RSUs) linked to Class A common stock on May 22, 2026. Each RSU represents the right to receive one Pinterest Class A share when the vesting conditions are met.
At what price were the Pinterest (PINS) RSUs valued in this filing?
The RSU award was reported at a reference price of $19.29 per share for 13,996 Class A common stock equivalents. This price is used for reporting purposes and reflects the value of the underlying shares tied to the restricted stock units granted.
When do the reported Pinterest (PINS) RSUs vest for the director?
The RSUs are scheduled to vest in full on the earlier of May 22, 2027 or the date immediately before Pinterest’s next regular annual stockholders meeting. Vesting is conditioned on continued service, with immediate vesting upon the consummation of a change in control.
What is a Restricted Stock Unit (RSU) in the context of Pinterest (PINS)?
A Restricted Stock Unit is a promise to deliver a share of stock in the future once vesting conditions are satisfied. In this Pinterest filing, each RSU equals one Class A common share, with vesting tied to service and certain change in control provisions.
Does the Pinterest (PINS) director’s RSU grant vest early if control changes?
Yes. The filing states the RSUs will vest immediately in full upon the consummation of a change in control. Otherwise, vesting occurs on the earlier of May 22, 2027 or the date just before the next regular annual stockholders meeting, if service continues.