PINTEREST, INC.·4

Mar 23, 5:56 PM ET

Walcott Wanjiku Juanita 4

Research Summary

AI-generated summary

Updated

Pinterest (PINS) Chief Legal Officer Walcott Withholds 15,245 Shares

What Happened

  • Walcott Wanjiku Juanita, Chief Legal & Business Affairs Officer at Pinterest (PINS), had 15,245 shares of Class A common stock withheld to satisfy tax withholding obligations in connection with the vesting and net settlement of previously reported RSUs. The shares were valued at $18.68 each, totaling approximately $284,777.
  • This was a tax-withholding/net-settlement event (transaction code F), not an open-market sale — a routine administrative action when restricted stock units vest.

Key Details

  • Transaction date: 2026-03-20; Filing date: 2026-03-23 (filed within expected timeframe).
  • Shares withheld/disposed: 15,245 at $18.68 each; total value ≈ $284,777.
  • Shares owned after the transaction: Not specified in the Form 4.
  • Footnotes: F1 — shares withheld by the company to satisfy income tax withholding and remittance obligations related to RSU vesting; F2 — filing includes RSUs subject to vesting requirements.
  • Transaction type code: F = tax withholding (net settlement), not a market sale.

Context

  • Net settlements/withholdings for taxes are common when RSUs vest and generally reflect tax logistics rather than insider sentiment. This is not the same as an open-market sale or purchase and should be interpreted as routine compensation tax processing.