Form 4: Pinterest Chief Accounting Officer Andrea Acosta Reports Stock Transaction

Andrea Acosta, Chief Accounting Officer of Pinterest, reports the withholding of shares to cover tax obligations related to vested restricted stock units.

Summary

• On March 20, 2025, Andrea Acosta, the Chief Accounting Officer of Pinterest, reported a transaction involving Class A Common Stock.
• The transaction involved the withholding of 1,725 shares by Pinterest to satisfy income tax obligations related to the vesting of restricted stock units (RSUs).
• The price per share for the transaction was $31.42.
• Following the transaction, Acosta beneficially owns 142,404 shares, which includes RSUs subject to vesting requirements.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to tax obligations, and it doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding process related to equity compensation.

Comparison to Industry Standards

• Tax withholding practices related to RSU vesting are standard across publicly traded companies.
• Companies like Meta, Snap, and Twitter (now X) also regularly report similar Form 4 filings for their executives.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it relates to tax obligations on existing equity compensation.

Key Dates

Keywords

Form 4, PINS, Pinterest, Andrea Acosta, Chief Accounting Officer, Stock Transaction, Beneficial Ownership, Restricted Stock Units, RSUs, Tax Withholding