Pinterest Board Member Maintains Large Stake Despite Recent Stock Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinterest director Gokul Rajaram reported insider trading activity on June 18, 2025, executing a planned sale under Rule 10b5-1. Key details:
- Sold 1,150 shares of Class A Common Stock at $34.52 per share
- Transaction was executed according to a pre-planned trading arrangement established on June 12, 2024
- Following the transaction, Rajaram holds: - 32,900 shares directly (including restricted stock units subject to vesting) - 3,957 shares indirectly through Rajaram Family Revocable Trust
This Form 4 filing indicates a relatively small reduction in the director's holdings, with the sale representing approximately 3.4% of direct holdings. The transaction's execution through a pre-planned 10b5-1 trading plan suggests compliance with insider trading regulations and predetermined trading parameters.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,150 shares ($39,698)
Net Sell
2 txns
Insider
Rajaram Gokul
Role
Director
Sold
1,150 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,150 | $34.52 | $40K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 32,900 shares (Direct);
Class A Common Stock — 3,957 shares (Indirect, Rajaram Family Revocable Trust)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2024. Includes restricted stock units subject to vesting requirements.
FAQ
Was PINS Director Rajaram's stock sale in June 2025 part of a planned transaction?
Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by Rajaram on June 12, 2024, approximately one year before the transaction.
What positions does Gokul Rajaram hold at Pinterest (PINS)?
According to the Form 4 filing, Gokul Rajaram serves as a Director on Pinterest's Board of Directors. He is not listed as an officer or 10% owner of the company.