Form 4: Pinterest CEO William Ready Sells Shares to Cover Tax Obligations

William Ready, CEO of Pinterest, disposed of shares to cover income tax obligations related to vesting of Restricted Stock Awards.

Summary

• On April 20, 2025, William Ready, the CEO of Pinterest, disposed of 31,999 shares of Class A Common Stock.
• The transaction was executed to cover income tax withholding and remittance obligations related to the vesting and net settlement of Restricted Stock Awards (RSAs).
• The shares were sold at a price of $25.26 per share.
• Following the transaction, Ready still beneficially owns 1,398,871 shares, including RSAs and restricted stock units subject to vesting conditions.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily reflect a change in the executive's confidence in the company.

Industry Context

Executive stock sales for tax purposes are a common occurrence in publicly traded companies, especially around vesting events for stock-based compensation.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Form 4, William Ready, PINS, Pinterest, CEO, stock sale, Restricted Stock Awards, tax obligations, beneficial ownership