Ready William J 4

What Happened

• William J. Ready, CEO of Pinterest, had 32,382 shares of Class A common stock withheld to satisfy income tax withholding and remittance obligations related to the vesting and net settlement of restricted stock awards (RSAs). The withholding was calculated at $25.39 per share, totaling approximately $822,179. This was a tax-withholding disposition (code F), not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-01-20; Filing date: 2026-01-21 (timely filing).
• Price used for withholding: $25.39 per share.
• Total shares withheld/disposed: 32,382; total value ≈ $822,179.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1: Shares were withheld by the company to satisfy income tax withholding and remittance obligations tied to vesting/net settlement of previously reported RSAs.
  • F2: Includes RSAs and restricted stock units that remain subject to vesting conditions.
• No 10b5-1 plan or late filing indication is shown in the provided information.

Context

• This action is a routine tax-withholding event that occurs when restricted awards vest and the company withholds shares instead of requiring a cash payment; it should not be interpreted as a discretionary open-market sale or a bullish purchase signal.
• For retail investors, withheld shares for taxes are common and typically reflect compensation mechanics rather than insider sentiment about the stock.