Ready William J 4
Research Summary
AI-generated summary
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.