[Form 4] PINTEREST, INC. Insider Trading Activity

Rhea-AI Filing Summary

Andrea Acosta, Chief Accounting Officer of Pinterest, Inc. (PINS), reported a sale of 2,620 shares of Class A common stock on 09/20/2025 at a price of $35.81 per share. After the transaction, the filing shows she beneficially owns 154,782 shares (direct). The 2,620 shares were withheld by the company to satisfy income tax withholding related to the vesting and net settlement of previously reported restricted stock units (RSUs). The filing notes that the remaining reported beneficial ownership includes RSUs that remain subject to vesting conditions. The Form 4 was signed by an attorney-in-fact on 09/23/2025.

Positive

• Transparent disclosure of the withholding event and the nature of the transaction (tax withholding for vested RSUs).
• Post-transaction beneficial ownership is clearly stated as 154,782 shares, aiding investor visibility into insider holdings.

Negative

• Includes RSUs subject to vesting, which may lead to future dilution as those RSUs vest.

Insights

Financial Analyst

TL;DR: Insider tax-withholding sale of vested RSUs; transaction appears routine and not clearly material to valuation.

The reported disposal of 2,620 shares at $35.81 reflects a tax-withholding event tied to RSU vesting rather than an open-market stock sale to raise cash.

This distinction matters because withholding to satisfy taxes is administrative and typically does not signal a change in insider sentiment about the company’s prospects. The post-transaction beneficial ownership of 154,782 shares remains meaningful but the filing indicates portion of that total comprises RSUs still subject to vesting, which affects near-term dilution and potential future insider selling timing.

Corporate Governance Expert

TL;DR: Transaction complies with routine equity compensation procedures; disclosure is standard and complete.

The Form 4 discloses the relationship (Chief Accounting Officer) and the nature of the transaction (company withholding to satisfy tax obligations). The clear explanation that shares were withheld for tax withholding and that RSUs remain subject to vesting provides appropriate transparency for governance and compliance review.

No amendment or additional arrangements are indicated, and the form was signed by an authorized attorney-in-fact, consistent with filing protocols.

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
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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^*

Acosta Andrea

(Last) (First) (Middle)

C/O PINTEREST, INC.

651 BRANNAN STREET

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PINTEREST, INC. [ PINS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/20/2025		F		2,620(1)	D	$35.81	154,782(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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").

2. Includes RSUs subject to vesting conditions.

Remarks:

	Jacquie Katzel, Attorney-in-Fact	09/23/2025
	** 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.

FAQ

What transaction did Andrea Acosta (PINS) report on Form 4?

She reported a withholding disposition of 2,620 Class A shares on 09/20/2025 at $35.81 per share to satisfy tax withholding related to RSU vesting.

How many shares does Andrea Acosta beneficially own after the reported transaction?

The filing shows she beneficially owns 154,782 shares following the reported transaction.

Were the sold shares part of a market sale or a tax-withholding event?

The filing states the shares were withheld by the company to satisfy income tax withholding from RSU vesting, not an open-market sale by the reporting person.

Does the filing indicate any unvested RSUs?

Yes, the filing explicitly notes that the reported beneficial ownership includes RSUs subject to vesting conditions.

Who signed the Form 4 and when?

The Form 4 was signed by Jacquie Katzel, Attorney-in-Fact on 09/23/2025.