Form 4 for PINS PINTEREST, INC.
Accepted 2025-06-05 00:00:00 ET · period of report 2025-06-04 · accession 0001506293-25-000148 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-06-05 | 2025-06-04 | PINS | Silbermann Benjamin | Dir, 10% | C - Cnv Deriv | $0.00 | +102.1K | 18.8K | New | $0 |
| DMI | 2025-06-05 | 2025-06-04 | PINS | Silbermann Benjamin | Dir, 10% | S - Sale | $33.21 | -102.1K | 0 | -100% | -$3.39M |
| DMI | 2025-06-05 | 2025-06-04 | PINS | Silbermann Benjamin | Dir, 10% | C - Cnv Deriv | $0.00 | -102.1K | 36.90M | -0.3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-06-04 | C | A | 83,333 | $0.00 | 83,333 | I Benjamin and Divya Silbermann Family Trust | — | — | |
| 2 | Common | Class A Common Stock | 2025-06-04 | S | D | 83,333 | $33.21 | 0 | I Benjamin and Divya Silbermann Family Trust | — | — | (F3) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.0900 to $33.4600 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. |
| 3 | Common | Class A Common Stock | 2025-06-04 | C | A | 18,750 | $0.00 | 18,750 | I SFTC, LLC | — | — | (F4) Mr. 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. |
| 4 | Common | Class A Common Stock | 2025-06-04 | S | D | 18,750 | $33.21 | 0 | I SFTC, LLC | — | — | (F5) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.1000 to $33.4500 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. (F4) Mr. 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. |
| 5 | Derivative | Class B Common Stock | 2025-06-04 | C | D | 18,750 | $0.00 | 9,025,030 | I SFTC, LLC | — · — to — | 18,750 Class A Common Stock | (F4) Mr. 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. (F7) Each 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. |
| 6 | Derivative | Class B Common Stock | 2025-06-04 | C | D | 83,333 | $0.00 | 36,903,558 | I Benjamin and Divya Silbermann Family Trust | — · — to — | 83,333 Class A Common Stock | (F7) Each 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. |