Walcott Wanjiku Juanita 4
Research Summary
AI-generated summary
Pinterest (PINS) Chief Legal & Business Affairs Officer Walcott Sells 18,625 Shares
What Happened
- Walcott Wanjiku Juanita, Chief Legal & Business Affairs Officer at Pinterest (PINS), had 18,625 shares of Class A common stock withheld to satisfy tax withholding obligations related to previously reported RSUs. The shares were valued at $20.27 each, for a total of $377,529. This was a tax-withholding/net settlement (routine disposition), not an open-market sale.
Key Details
- Transaction date: 2026-06-20; Filing date: 2026-06-23 (appears timely).
- Price per share: $20.27; Total value: $377,529.
- Shares disposed/withheld: 18,625 (transaction code F — tax withholding).
- Post-transaction holdings: Not specified in the provided filing excerpt; see the Form 4 for full holdings.
- Footnotes: F1 — shares withheld by the company to satisfy income tax withholding on RSU vesting; F2 — includes RSUs subject to vesting requirements.
Context
- This was a cashless/net settlement to cover taxes on vested restricted stock units, a common and routine corporate action that does not necessarily indicate the insider's market view.
- Transaction code F denotes withholding for tax obligations rather than a voluntary sale (S) or purchase (P).