Ready William J 4

What Happened

• William J. (Bill) Ready, Chief Executive Officer of Pinterest, was granted 656,456 restricted stock units (RSUs) on April 10, 2026. The grant is reported as an "A" (award) transaction at $0.00 per share (RSUs have no exercise price and no immediate cash cost). The filing reports the award but does not assign a cash value in the Form 4.

Key Details

• Transaction date: 2026-04-10; Filing date: 2026-04-14 (timely; Form 4 filed within required period).
• Transaction type/code: A = Award/Grant of RSUs; reported price $0.00.
• Vesting: 656,456 RSUs vest 25% on each of March 20, 2028; June 20, 2028; September 20, 2028; and December 20, 2028, subject to continued service through each date (Footnote F1).
• Each RSU equals the right to receive one share of Class A common stock upon vesting.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote F2: holdings reported elsewhere may include restricted stock and RSUs subject to vesting requirements.

Context

• RSU grants are a form of long-term compensation that convert to shares only if vesting conditions are met; they do not represent an immediate purchase or sale of stock. Such awards are common for executives and are generally intended for retention and alignment with shareholder interests, not a direct signal of near-term buying or selling.