Coleman Salaam 4

What Happened

• Coleman Salaam, a director of Pinterest, was granted 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 award/compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: May 22, 2026; 13,996 RSUs valued at $19.29 each (total ~$269,983).
• Shares owned after transaction: Not specified in the provided filing.
• Vesting and material footnotes:
  • F1: 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 on a change in control. Each RSU equals the right to one share of Class A common stock.
  • F2: These are RSUs subject to vesting conditions.
• Filing timeliness: The Form 4 was filed on May 27, 2026 for a May 22 transaction. That appears to be past the typical 2-business-day Form 4 deadline, so the filing may be late.

Context

• RSU grants are a form of compensation; they do not represent immediate share ownership until vested and delivery occurs. They are different from purchases or sales and should not be interpreted alone as a direct signal of insider market timing. The RSUs will convert to shares (and potentially dilute existing holders) only as they vest or upon a change in control per the footnote terms.