Pinterest (PINS) CAO receives 147,885 RSUs in multi-year vesting awards
Rhea-AI Filing Summary
Acosta Andrea reported acquisition or exercise transactions in this Form 4 filing.
PINTEREST, INC. Chief Accounting Officer Andrea Acosta reported two equity compensation awards of Class A common stock in the form of Restricted Stock Units (RSUs) granted at no cash cost.
She received 123,633 RSUs and 24,252 RSUs under the company’s 2019 Omnibus Incentive Plan. The larger grant will vest 12.5% on each of June 20, 2026, September 20, 2026, December 20, 2026 and March 20, 2027; 8.25% on each of June 20, 2027, September 20, 2027, December 20, 2027 and March 20, 2028; and 4.25% on each of June 20, 2028, September 20, 2028, December 20, 2028 and March 20, 2029, subject to continued service.
The smaller grant will vest 25% on each of June 20, 2026, September 20, 2026, December 20, 2026 and March 20, 2027, also subject to continued service. Each RSU represents the right to receive one share of Class A common stock upon vesting. Following these grants, Acosta directly holds 276,568 shares, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 123,633 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 24,252 | $0.00 | -- |
Footnotes (1)
- Represents a grant of Restricted Stock Units (RSUs) under the Issuer's 2019 Omnibus Incentive Plan, which will vest 12.5% on each of June 20, 2026, September 20, 2026, December 20, 2026 and March 20, 2027; 8.25% on each of June 20, 2027, September 20, 2027, December 20, 2027 and March 20, 2028; 4.25% on each of June 20, 2028, September 20, 2028, December 20, 2028 and March 20, 2029, subject to continued service through each 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. Represents a grant of RSUs under the Issuer's 2019 Omnibus Incentive Plan, which will vest 25% on each of June 20, 2026, September 20, 2026, December 20, 2026 and March 20, 2027, subject to continued service through each 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.