Schenkel Scott F. 4
Research Summary
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Pinterest Director Scott Schenkel Receives RSU Award
What Happened Scott F. Schenkel, a director of Pinterest, Inc. (PINS), was granted 13,996 restricted stock units (RSUs) on May 22, 2026. The grant is reported at a per-share value of $19.29 for a total reported value of $269,983. This was an award/grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-22; filing date: 2026-05-27 (filed within the Form 4 two-business-day window).
- Grant: 13,996 RSUs at $19.29 per share; total reported value $269,983.
- Shares owned after transaction: not stated in the filing.
- 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 in full upon a change in control. Each RSU represents the right to one share of Class A common stock.
- F2: Confirms these RSUs are subject to vesting conditions.
- No tax‑withholding sale or immediate disposition of shares reported in this filing.
Context RSU grants to directors are common compensation and represent future shares if vesting conditions are met; they are not the same as an open‑market buy (which some investors view as a stronger bullish signal). The RSUs will convert to shares only after vesting or upon a qualifying change in control.