4//SEC Filing
Silbermann Benjamin 4
Accession 0001506293-25-000214
CIK 0001506293other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 6:02 PM ET
Size
19.9 KB
Accession
0001506293-25-000214
Insider Transaction Report
Form 4
PINTEREST, INC.PINS
Silbermann Benjamin
Director10% Owner
Transactions
- Sale
Class A Common Stock
2025-09-10$35.18/sh−19,469$684,968→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2025-09-10$34.80/sh−63,864$2,222,384→ 19,469 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-09-10+18,750→ 18,750 total(indirect: By LLC) - Conversion
Class B Common Stock
2025-09-10−83,333→ 35,903,562 total(indirect: By Trust)→ Class A Common Stock (83,333 underlying) - Conversion
Class B Common Stock
2025-09-10−18,750→ 8,800,030 total(indirect: By LLC)→ Class A Common Stock (18,750 underlying) - Conversion
Class A Common Stock
2025-09-10+83,333→ 83,333 total(indirect: By Trust) - Sale
Class A Common Stock
2025-09-10$36.00/sh−18,750$675,000→ 0 total(indirect: By LLC)
Holdings
- 8,414
Class A Common Stock
- 1,174,715
Class B Common Stock
→ Class A Common Stock (1,174,715 underlying)
Footnotes (7)
- [F1]Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into Class A Common Stock, par value $0.00001 ("Class A Common Stock"), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2024.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.5000 to $35.0450 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.0500 to $36.0500 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
- [F5]Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.
- [F6]Represents previously reported RSUs that are subject to vesting requirements.
- [F7]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.
Documents
Issuer
PINTEREST, INC.
CIK 0001506293
Entity typeother
Related Parties
1- filerCIK 0001773914
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 6:02 PM ET
- Size
- 19.9 KB