PINTEREST, INC. 8-K
Research Summary
AI-generated summary
Pinterest, Inc. Appoints Kecia Steelman to Board (Effective Feb 16, 2026)
What Happened
Pinterest, Inc. filed an 8-K on February 9, 2026, announcing that Kecia Steelman has been appointed to the company’s Board of Directors as a Class II director, effective February 16, 2026. The Board has determined Ms. Steelman is “independent” under NYSE and Exchange Act rules. She will also join Pinterest’s Talent Development and Compensation Committee as of the effective date.
Key Details
- Appointment effective date: February 16, 2026.
- Committee role: member of the Talent Development and Compensation Committee.
- Independence: Board affirmatively determined Ms. Steelman is independent under NYSE and Exchange Act rules.
- Compensation: will receive the same non-employee director compensation described in Pinterest’s Non-Employee Director Compensation Policy (referenced in the company’s Form 10-Q filed Aug 7, 2025).
- Other governance notes: no arrangements or understandings related to her appointment and no reportable direct or indirect material interest under Item 404(a) of Regulation S-K.
- Disclosure: a press release announcing the appointment was furnished as Exhibit 99.1 (furnished, not filed).
Why It Matters
A new independent director and a seat on the compensation committee can affect board oversight of talent, executive pay and governance practices—areas investors watch for leadership and accountability. The filing confirms the appointment is routine (no related-party transactions disclosed) and that Pinterest publicly furnished a press release about the change.