Acosta Andrea 4
Research Summary
AI-generated summary
Pinterest (PINS) Chief Accounting Officer Andrea Acosta Sells 7,968 Shares
What Happened
- Andrea Acosta, Pinterest’s Chief Accounting Officer, had 7,968 shares of Class A common stock withheld on 2026-02-20 to satisfy income tax withholding in connection with the vesting and net settlement of previously granted RSUs. The shares were valued at $17.77 each, totaling approximately $141,591.
- This was a tax-withholding/net settlement (code F), not an open-market sale — a routine administrative action when RSUs vest.
Key Details
- Transaction date: 2026-02-20; reported on Form 4 filed 2026-02-23 (appears timely).
- Price per share: $17.77; shares withheld/disposed: 7,968; total value: ~$141,591.
- Transaction code: F — shares withheld to satisfy tax withholding on RSU vesting.
- Footnotes: F1 confirms shares were withheld by the company to cover income tax; F2 notes some RSUs remain subject to vesting conditions.
- Shares owned after transaction: Not specified in the excerpt of this filing.
Context
- This is a cashless/net settlement for RSU tax withholding (common and administrative) rather than a discretionary sale that would signal trading intent.
- For retail investors tracking insider activity, purchases or open-market sales are typically more informative than routine withholding actions.