Rajaram Gokul 4
Research Summary
AI-generated summary
Pinterest Director Rajaram Gokul Sells 2,100 Shares
What Happened
Rajaram Gokul, a director of Pinterest, sold 2,100 shares in an open-market transaction on April 15, 2026, at $20.00 per share, generating $42,000 in proceeds. The sale is coded as an S (sale) and was effected pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-04-15; Price: $20.00 per share; Shares sold: 2,100; Total proceeds: $42,000.
- Transaction type: Open-market sale (code S).
- Filing date / period of report: Form filed 2026-04-16 for transaction on 2026-04-15 — appears timely (not marked late).
- Shares owned after transaction: Not specified on the provided filing excerpt.
- Footnotes: F1 — sale executed under a Rule 10b5-1 trading plan adopted Nov 25, 2025; F2 — holdings include restricted stock units (RSUs) subject to vesting.
Context
A sale under a 10b5-1 plan is typically a pre-arranged trade and does not necessarily reflect the insider’s current view of the company. Sales are common and may be for diversification or personal liquidity; they are generally less informative than purchases about confidence in future performance.