Madrigal Matthew 4
4 · PINTEREST, INC. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Pinterest CTO Matthew Madrigal Sells 27,342 Shares (Tax Withholding)
What Happened
Matthew Madrigal, Chief Technology Officer of Pinterest (PINS), had 27,342 shares of Class A common stock withheld by the company on 2026-05-20 to satisfy income tax withholding related to the vesting and net settlement of previously granted RSUs. The withheld shares were valued at $18.81 each, for a total value of approximately $514,303. This was a company tax-withholding/net-settlement event (not an open-market sale).
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (filed within the required reporting window).
- Shares withheld/disposed: 27,342 at $18.81 per share; total value reported $514,303.
- Transaction code: F — shares withheld to satisfy tax liability on RSU vesting.
- Footnotes: F1 confirms shares were withheld to satisfy income tax withholding on vested RSUs; F2 notes some RSUs remain subject to vesting conditions.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
This was a routine net-settlement/tax-withholding action tied to RSU vesting rather than an open-market sale or purchase. Such withholdings are common when restricted stock units vest and do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-05-20$18.81/sh−27,342$514,303→ 1,624,804 total
Footnotes (2)
- [F1]Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs").
- [F2]Includes RSUs subject to vesting conditions.