STOCK TITAN

Pinterest (NYSE: PINS) CTO receives 678,885-share RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Madrigal Matthew reported acquisition or exercise transactions in this Form 4 filing.

PINTEREST, INC. reported that Chief Technology Officer Matthew Madrigal received a grant of 678,885 Restricted Stock Units (RSUs) of Class A common stock at no cost. The RSUs, granted under the company’s 2019 Omnibus Incentive Plan, will vest 25% on March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028, subject to his continued service. Each RSU represents the right to receive one share of Class A common stock upon vesting. Following this award, he holds 1,652,146 Class A shares, including unvested RSUs.

Positive

  • None.

Negative

  • None.
Insider Madrigal Matthew
Role Chief Technology Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 678,885 $0.00 --
Holdings After Transaction: Class A Common Stock — 1,652,146 shares (Direct)
Footnotes (1)
  1. Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan, which will vest 25% on each of March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028, in each case subject to continued service through such date. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting. Includes RSUs subject to vesting requirements.
RSU grant size 678,885 RSUs Award to CTO Matthew Madrigal on April 10, 2026
Post-grant holdings 1,652,146 shares Total Class A common stock, including RSUs, after transaction
Vesting schedule 4 tranches of 25% Vest on March 20, June 20, September 20, December 20, 2028
Grant price $0.00 per share RSUs granted at no cash cost to the CTO
Restricted Stock Units (RSUs) financial
"Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan"
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.
2019 Omnibus Incentive Plan financial
"Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan"
vesting financial
"which will vest 25% on each of March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A common stock financial
"Each RSU represents the Reporting Person's right to receive one share of 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.
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*
Madrigal Matthew

(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 Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
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 Stock04/10/2026A678,885(1)A$01,652,146(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. Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan, which will vest 25% on each of March 20, 2028, June 20, 2028, September 20, 2028, and December 20, 2028, in each case subject to continued service through such date. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.
2. Includes RSUs subject to vesting requirements.
Remarks:
Jacquie Katzel, Attorney-in-Fact04/14/2026
** 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 CTO Matthew Madrigal?

Pinterest reported that CTO Matthew Madrigal received a grant of 678,885 Restricted Stock Units of Class A common stock. The units were awarded at no cost as equity compensation and will convert into shares only as they vest over a defined schedule in 2028.

How many shares does the Pinterest (PINS) CTO hold after the new RSU grant?

After the grant, CTO Matthew Madrigal holds a total of 1,652,146 shares of Pinterest Class A common stock. This figure includes RSUs that remain subject to future vesting conditions, meaning some of these shares are not yet fully owned and transferable.

When do the new Pinterest (PINS) RSUs granted to the CTO vest?

The 678,885 RSUs granted to Pinterest’s CTO vest in four equal 25% installments during 2028. The scheduled vesting dates are March 20, June 20, September 20, and December 20, each subject to his continued service with the company through the relevant date.

What does each RSU granted to the Pinterest (PINS) CTO represent?

Each Restricted Stock Unit represents the right to receive one share of Pinterest’s Class A common stock. The shares are delivered only when the RSUs vest, so the units function as a promise of future stock subject to continued service-based vesting conditions.

Under which plan were the Pinterest (PINS) CTO’s RSUs granted?

The RSUs were granted under Pinterest’s 2019 Omnibus Incentive Plan. This plan governs equity-based compensation awards such as RSUs, allowing the company to grant stock-related incentives to executives and employees that typically vest over time to encourage retention.