Madrigal Matthew 4

What Happened

• Matthew Madrigal, Chief Technology Officer of Pinterest, had 19,529 shares of Class A common stock withheld by the company on Feb 20, 2026 to satisfy income tax withholding related to the vesting and net settlement of previously granted RSUs. The shares were valued at $17.77 each, totaling $347,030.
• This is a tax-withholding/net-settlement disposal (routine) rather than an open-market sale or new purchase.

Key Details

• Transaction date and price: 2026-02-20, 19,529 shares at $17.77 per share.
• Total value: $347,030 (proceeds equivalent; shares were withheld to cover taxes).
• Shares owned after transaction: Not specified in the information provided in this filing.
• Footnotes: F1 = shares withheld by the company to satisfy income tax obligations on RSU vesting; F2 = includes RSUs subject to vesting conditions.
• Transaction code: F (tax withholding/net settlement of RSUs).
• Filing timeliness: Report filed 2026-02-23 for a 2026-02-20 transaction; this filing appears timely (filed on the next business day).

Context

• This was a routine tax-withholding action tied to RSU vesting (a net settlement), not an intentional open-market sale that would signal a change in conviction. Retail investors typically treat these withholdings as administrative and not an insider prediction about the company’s prospects.