Form 4: Pinterest Chief Technology Officer Matthew Madrigal Reports Stock Transaction
SEC Form 4 Filing
Matthew Madrigal, Chief Technology Officer of Pinterest, reports the withholding of shares to cover income tax obligations related to vesting Restricted Stock Units.
Summary
- On February 20, 2025, Matthew Madrigal, the Chief Technology Officer of Pinterest, Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 23,628 shares by the company to satisfy income tax obligations related to the vesting of Restricted Stock Units (RSUs).
- The price per share for the transaction was $39.56.
- Following the transaction, Madrigal beneficially owns 380,583 shares of Class A Common Stock, including RSUs subject to vesting conditions.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a standard tax-related stock transaction. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of the stock transaction (withholding of shares for tax obligations). |
| 02/21/2025 | Date of signature by Jacquie Katzel, Attorney-in-Fact. |
Keywords
Form 4, Pinterest, Matthew Madrigal, Chief Technology Officer, Stock Transaction, Beneficial Ownership, Class A Common Stock, Restricted Stock Units, RSUs, Tax Withholding
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