Madrigal Matthew 4

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.