Rajaram Gokul 4
Research Summary
AI-generated summary
PINS Director Rajaram Gokul Receives RSUs, Sells 1,050 Shares
What Happened Rajaram Gokul, a director of Pinterest, received an award of 13,996 restricted stock units (RSUs) on May 22, 2026 (13,996 RSUs × $19.29 = $269,983). He also sold 1,050 shares in an open-market transaction on May 27, 2026 at $20.00 per share for $21,000. The RSU award is an acquisition (award) rather than an open-market purchase; the sale was a routine disposition executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Grants: 13,996 RSUs on 2026-05-22 at $19.29 per share; aggregate grant value reported $269,983.
- Sale: 1,050 shares on 2026-05-27 at $20.00 per share; proceeds $21,000. Sale effected pursuant to a Rule 10b5-1 plan adopted 2025-11-25.
- Vesting: RSUs scheduled to 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 upon a change in control. Each RSU represents the right to one share of Class A common stock.
- Shares owned after transaction: Not specified on the Form 4.
- Filing timeliness: Form 4 filed 2026-05-27. This covers the May 22 grant and the May 27 sale and was filed within the required two business-day window (note: May 25, 2026 was a U.S. holiday).
Context
- RSU grants are compensation awards subject to vesting conditions; they are not the same as an outright market purchase and are commonly part of director pay.
- The small open-market sale (about $21k) was executed under a pre-set 10b5-1 plan, which typically indicates a scheduled, pre-planned disposition rather than ad hoc trading.
- As always, these filings are factual disclosures of transactions; they do not by themselves explain the insider’s motives.