Ready William J 4
4 · PINTEREST, INC. · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Pinterest (PINS) CEO William J. Ready Sells 32,057 Shares
What Happened
William J. Ready, CEO of Pinterest (PINS), had 32,057 shares of Class A common stock withheld on July 20, 2026, to satisfy income tax withholding in connection with the vesting/net settlement of restricted stock awards. The shares were valued at $22.81 each, for a total of approximately $731,220. This is a tax-withholding/net-settlement disposition (not an open-market sale).
Key Details
- Transaction date: 2026-07-20; filing date: 2026-07-22 (filed timely).
- Transaction type/code: Tax withholding/net settlement (code F).
- Shares withheld/disposed: 32,057 at $22.81 per share; total ≈ $731,220.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — shares were withheld by the company to satisfy income tax withholding for vested Restricted Stock Awards; F2 — filing references restricted stock units subject to vesting.
- This was a withholding to cover taxes on vesting, a routine administrative action rather than an explicit decision to sell in the open market.
Context
Net share withholding is common when restricted shares or RSUs vest: the company retains (or sells) a portion to cover the insider’s tax obligations. Such transactions are administrative and don’t necessarily indicate the insider’s view of the company’s stock.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-07-20$22.81/sh−32,057$731,220→ 1,894,836 total
Footnotes (2)
- [F1]Represents shares of Class A common stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of Restricted Stock Awards (RSAs) previously reported.
- [F2]Includes restricted stock units that are subject to vesting conditions.