SEC Form 4 · accession 0001773914-26-000023
PINTEREST, INC. · PINS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Silbermann
Director · 10% Owner
Period of report
Sep 1, 2026
Accepted (ET)
Sep 2, 2026 · 6:39 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001506293
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Sep 1, 2026 | C | 46,875 | $0.00 | A | 46,875 | I | Benjamin and Divya Silbermann Family Trust |
| Class A Common StockF3 | Sep 2, 2026 | S | 46,875 | $21.6287 | D | 0 | I | Benjamin and Divya Silbermann Family Trust |
| Class A Common Stock | Sep 2, 2026 | C | 46,875 | $0.00 | A | 46,875 | I | Benjamin and Divya Silbermann Family Trust |
| Class A Common StockF4 | Sep 2, 2026 | S | 46,875 | $21.2286 | D | 0 | I | Benjamin and Divya Silbermann Family Trust |
| Class A Common StockF5 | holding | — | — | — | 13,996 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF6 | — | Sep 1, 2026 | C | 46,875 | D | — | — | Class A Common Stock | 46,875 | 34,658,763 | I |
| Class B Common StockF6 | — | Sep 2, 2026 | C | 46,875 | D | — | — | Class A Common Stock | 46,875 | 34,611,888 | I |
| Class B Common StockF7,F6 | — | holding | — | — | — | — | — | Class A Common Stock | 8,762,530 | 8,762,530 | I |
| Class B Common StockF6 | — | holding | — | — | — | — | — | Class A Common Stock | 1,174,715 | 1,174,715 | D |
Explanation of responses
- F1Represents the conversion of shares of Class B Common Stock, par value $0.00001 ("Class B Common Stock") into Class A Common Stock, par value $0.00001 ("Class A Common Stock"), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
- F3The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21.495 to $21.75 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21.03 to $21.38 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5Represents previously reported RSUs that are subject to vesting requirements.
- F6Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.
- F7Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.