STOCK TITAN

Pinterest product chief has 19,958 shares withheld

Pinterest’s Chief Product & Tech. Officer had shares withheld for tax on RSU vesting and now directly holds over 1.55 million Class A shares including unvested RSUs.

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PINTEREST, INC. (PINS) reported that Chief Product & Tech. Officer Matthew Madrigal had 19,958 shares of Class A Common Stock withheld on September 20, 2026 to satisfy income tax withholding obligations related to the vesting and net settlement of previously reported restricted stock units. After this tax-withholding disposition, he directly holds 1,557,545 shares of Class A Common Stock, which include RSUs subject to vesting conditions. No transactions were reported under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Madrigal Matthew
Role Chief Product & Tech. Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 19,958 $18.60 $371K
Holdings After Transaction: Class A Common Stock — 1,557,545 shares (Direct)
Footnotes (2)
  1. F1. 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. F2. Includes RSUs subject to vesting conditions.
Shares withheld for taxes 19,958 shares Class A Common Stock withheld on September 20, 2026 to satisfy income tax withholding on RSU vesting
Tax-withholding reference price $18.60 per share Value applied to the 19,958 withheld shares in the tax-liability transaction
Shares held after transaction 1,557,545 shares Direct holdings of Class A Common Stock by Matthew Madrigal after September 20, 2026 transaction, including RSUs subject to vesting
Tax-liability shares this filing 19,958 shares Total shares delivered or withheld for payment of income tax liability reported in this Form 4
restricted stock units financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
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.
income tax withholding financial
"withheld by the Company to satisfy income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
Rule 10b5-1 regulatory
"affirms transactions were not made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Pinterest (PINS) report for Matthew Madrigal?

Pinterest reported that 19,958 shares of Class A Common Stock were withheld on September 20, 2026 to satisfy income tax withholding obligations tied to vesting of previously reported RSUs. This is coded as a tax-related disposition, not an open-market sale.

How many Pinterest (PINS) shares does Matthew Madrigal hold after this transaction?

After the September 20, 2026 tax-withholding transaction, Matthew Madrigal directly holds 1,557,545 shares of Pinterest Class A Common Stock. This figure includes RSUs that remain subject to vesting conditions.

Was the Pinterest (PINS) insider transaction an open-market sale?

No. The filing describes the transaction as shares withheld by the company to satisfy income tax withholding and remittance obligations on vested RSUs, not as a market sale of shares by Matthew Madrigal.

What was the price used in the Pinterest (PINS) tax-withholding transaction?

The tax-withholding disposition for Matthew Madrigal involved 19,958 shares at a reported value of $18.60 per share, used for calculating the income tax withholding related to RSU vesting.

Was the Pinterest (PINS) insider transaction under a Rule 10b5-1 plan?

No. The document-level checkbox for Rule 10b5-1 is not selected, and the footnotes do not state that the September 20, 2026 tax-withholding transaction was made under a 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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 Product & Tech. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/20/2026
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 Stock09/20/2026F19,958(1)D$18.61,557,545(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 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-Fact09/22/2026
** 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)

Keep reading