Reynolds Fredric 4

What Happened

• Fredric Reynolds, a director of Pinterest, received an award of 13,996 restricted stock units (RSUs) on May 22, 2026. The filing values the award at $19.29 per share, for a total grant value of $269,983. This was an equity compensation award (acquisition via grant), not an open-market purchase or sale.

Key Details

• Transaction date and value: May 22, 2026 — 13,996 RSUs at $19.29 each; total ~$269,983.
• Shares owned after transaction: Not specified in the provided filing information.
• Vesting/conditions (footnotes): RSUs vest in full on the earlier of (i) May 22, 2027 or (ii) the date immediately prior to the company’s next regular annual stockholders meeting, subject to continued service; they vest immediately in full on a change in control. Each RSU equals the right to one share of Class A common stock. (Footnote notes RSUs are subject to vesting conditions.)
• Filing timeliness: The Form 4 was filed on May 27, 2026 for a May 22 transaction. Form 4s are generally required within 2 business days of the transaction; this filing appears to have been submitted after that 2-business-day window.

Context

• RSU grants are a common form of executive/director compensation and do not necessarily indicate the insider’s short-term view of the stock. Unlike purchases or open-market buys, awards are typically part of compensation or retention programs. The award includes standard vesting and change-in-control acceleration provisions.