Madrigal Matthew 4

What Happened
Matthew Madrigal, Chief Technology Officer of Pinterest (PINS), had 19,958 shares of Class A common stock withheld by the company to satisfy income tax withholding in connection with the vesting and net settlement of previously reported RSUs. The withholding was reported as a disposition at $20.27 per share, for a total value of approximately $404,549.

Key Details

• Transaction date: 2026-06-20; Filing date: 2026-06-23 (Form 4 accession 0002051769-26-000006).
• Transaction type/code: Payment of exercise price or tax liability (F) — company withheld shares for taxes.
• Shares withheld/disposed: 19,958 at $20.27 per share; total value ≈ $404,549.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 = shares withheld to satisfy income tax withholding on vested/net-settled RSUs; F2 = includes RSUs that remain subject to vesting conditions.
• Timeliness: No late-filing flag was indicated in the provided data.

Context
This was a routine tax-withholding/net-settlement of RSUs (a form of disposition) rather than an open-market sale or purchase. Such withholdings are common when RSUs vest and are not generally interpreted as a direct signal of the insider’s market view; purchases typically carry more weight for signaling intent.