Pinterest CTO awarded 678,885 RSUs in stock grant
Madrigal Matthew reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 678,885 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes RSUs subject to vesting requirements.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
2019 Omnibus Incentive Plan financial
vesting financial
Class A common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Pinterest (PINS) report for CTO Matthew Madrigal?
When do the new Pinterest (PINS) RSUs granted to the CTO vest?
What does each RSU granted to the Pinterest (PINS) CTO represent?
Under which plan were the Pinterest (PINS) CTO’s RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.