PINTEREST, INC. SEC Filings

Pinterest, Inc. Chief Technology Officer Matthew Madrigal reported a tax-related share disposition under a pre-existing equity award. On this Form 4, 19,529 shares of Class A Common Stock were withheld by the company at $17.77 per share to cover income tax obligations from the vesting and net settlement of previously reported RSUs. After this withholding, Madrigal directly owns 993,219 shares of Class A Common Stock, which include RSUs that remain subject to vesting conditions.

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.

Pinterest, Inc. has closed its previously announced acquisition of tvScientific, Inc., bringing the connected TV advertising company into its operations.

Following the closing, Pinterest updated its first quarter 2026 outlook to project revenue of $958 million to $978 million and Adjusted EBITDA of $163 million to $183 million, which now factor in tvScientific’s expected partial-quarter contribution. The company highlights that it cannot reasonably provide a GAAP reconciliation for this forward-looking Adjusted EBITDA range because items like share-based compensation and income taxes are uncertain and may materially affect future GAAP results.

Pinterest, Inc. director Kecia Steelman filed an initial statement of beneficial ownership on Form 3. This filing establishes her status as an insider of the company. The filing does not report any stock purchases, sales, or other transactions, and contains no earnings or financial performance information.

Pinterest, Inc. filed its annual report describing an AI-powered visual discovery platform that blends search, social, and shopping. The company reports 619 million monthly active users worldwide, with women about two-thirds of the base and Gen Z over half of users.

Substantially all revenue comes from digital advertising sold via an auction system across formats like standard, video, shopping, and interactive ads, serving both brand and performance objectives. Pinterest highlights heavy competition from major tech platforms, dependence on data for ad targeting, and growing regulatory scrutiny around privacy, AI, and content moderation.

The filing outlines key risks including reliance on advertisers in retail and consumer packaged goods, challenges expanding and monetizing internationally, increasing cybersecurity and data protection obligations, and potential impacts from new AI regulations. Pinterest also notes seasonality in ad demand and a global workforce of 5,265 employees as of December 31, 2025.

Pinterest reported solid growth for Q4 and full year 2025, with revenue reaching $1,319 million in Q4 and $4,222 million for 2025, up 14% and 16% year over year. Global monthly active users climbed to an all-time high of 619 million, a 12% increase.

GAAP net income was $277 million for Q4 and $417 million for 2025, while non-GAAP net income rose to $451 million in Q4 and $1.10 billion for the year. Adjusted EBITDA reached $542 million in Q4 and $1.27 billion for 2025, with strong free cash flow of $1.25 billion for the year.

For Q1 2026, Pinterest expects revenue between $951 million and $971 million, representing 11%–14% year-over-year growth, and projects Adjusted EBITDA between $166 million and $186 million.

Pinterest, Inc. has appointed Kecia Steelman, President and Chief Executive Officer of Ulta Beauty, to its Board of Directors as a Class II director, effective February 16, 2026. The Board determined she is independent under New York Stock Exchange and U.S. securities law rules.

Steelman will also join Pinterest’s Talent Development and Compensation Committee and receive compensation consistent with other non-employee directors under the company’s existing policy. The company notes there are no related-party arrangements or transactions involving her. Pinterest describes itself as a visual discovery and shopping platform with 600 million monthly active users worldwide.

Pinterest Chief Content Officer Malik Ducard reported a small planned stock sale. On February 2, 2026, he sold 2,293 shares of Class A common stock at $22.06 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 22, 2025.

After this transaction, Ducard beneficially owned 695,187 shares of Pinterest Class A common stock, which includes restricted stock units (RSUs) subject to vesting requirements. The filing reflects one routine insider sale rather than a large change in ownership.

Pinterest, Inc. shareholder files notice to sell common stock. The filing states an intention to sell 2,293 shares of Pinterest common stock through Charles Schwab & Co., Inc. on or about 02/02/2026 on the NYSE, with an aggregate market value of $50,584.00 at the time of filing.

The shares were acquired on 03/20/2023 via a restricted stock lapse as equity compensation from Pinterest, Inc. The notice also lists prior sales over the past three months by the same seller, including 6,000 shares sold on 12/24/2025 for $155,162.00 and 2,293 shares sold on 01/02/2026 for $60,031.00, with 595,837,793 shares of Pinterest common stock reported as outstanding.