STOCK TITAN

Pinterest (NYSE: PINS) director granted 25,940 restricted stock units

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

Rhea-AI Filing Summary

Steelman Kecia reported acquisition or exercise transactions in this Form 4 filing.

Pinterest director Kecia Steelman was granted 25,940 Restricted Stock Units (RSUs) of Class A common stock. These RSUs are scheduled to vest in three equal annual installments on February 16, 2027, 2028, and 2029, subject to continued service.

The award will vest in full immediately if a change in control is completed. Each RSU gives the right to receive one share of Class A common stock upon vesting, so this grant represents a potential future issuance of 25,940 shares if all vesting conditions are met.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Steelman Kecia

(Last) (First) (Middle)
C/O PINTEREST, INC.
651 BRANNAN STREET

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PINTEREST, INC. [ PINS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/16/2026 A 25,940(1) A $0 25,940(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted Stock Units (RSUs) scheduled to vest in three equal, annual installments on each of February 16, 2027, February 16, 2028, and February 16, 2029 (subject to continued service), with immediate vesting in full upon the consummation of a change in control. 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 conditions.
Remarks:
Jacquie Katzel, Attorney-in-Fact 02/18/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Pinterest (PINS) report for Kecia Steelman?

Pinterest reported that director Kecia Steelman received a grant of 25,940 Restricted Stock Units of Class A common stock. The RSUs vest over three years, representing potential future shares if service and other vesting conditions are satisfied.

How many Pinterest (PINS) shares are covered by Kecia Steelman’s RSU grant?

The grant covers 25,940 Restricted Stock Units, each representing one share of Pinterest Class A common stock. These units vest in three equal annual installments beginning February 16, 2027, subject to continued service and other vesting terms.

What is the vesting schedule for Kecia Steelman’s Pinterest (PINS) RSUs?

The RSUs are scheduled to vest in three equal annual installments on February 16, 2027, February 16, 2028, and February 16, 2029. Vesting is subject to continued service, and unvested units could be forfeited if service conditions are not met.

What happens to Kecia Steelman’s Pinterest (PINS) RSUs if there is a change in control?

The RSUs are structured to vest in full immediately upon the consummation of a change in control. This means any remaining unvested units would become fully vested if a qualifying change in control transaction is completed.

Does Kecia Steelman pay anything for her Pinterest (PINS) RSU award?

The reported transaction price per share is zero, indicating this is a compensatory grant rather than a purchase. Each RSU entitles her to receive a share of Class A common stock upon vesting without an additional purchase price.

Are all of Kecia Steelman’s reported Pinterest (PINS) holdings fully vested?

The filing notes that the total includes RSUs subject to vesting conditions. This means a portion of the reported 25,940 Class A common stock equivalents remains unvested and is contingent on satisfying the scheduled vesting requirements.
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