Ready William J 4

What Happened

• William J. Ready, CEO of Pinterest (PINS), had 32,056 shares of Class A common stock withheld on 2026-04-20 to satisfy income tax withholding related to the vesting/net settlement of restricted stock awards. The shares were valued at $20.64 each, totaling $661,636. This was a tax-withholding/net settlement disposition (code F), a routine administrative action rather than an open-market sale.

Key Details

• Transaction date and price: 2026-04-20, 32,056 shares @ $20.64 each (total $661,636).
• Filing date: 2026-04-21; covers the 2026-04-20 transaction and was filed promptly.
• Shares owned after transaction: Not specified in the provided filing details.
• Transaction code/footnotes:
  • Code F (payment of exercise price or tax liability) — F1: shares withheld by the company to satisfy income tax withholding upon vesting/net settlement of RSAs.
  • F2: indicates the awards include RSAs and restricted stock units subject to vesting conditions.
• This was not an open-market sale or purchase; it’s a standard tax withholding on award vesting.

Context

• Net share withholding is common when restricted shares or RSUs vest — the company retains a portion of the newly vested shares to cover required taxes. Such withholdings are administrative and don’t necessarily signal the insider’s view on the stock.