Form 4: Pinterest Director Gokul Rajaram Sells Shares Under 10b5-1 Plan

Director Gokul Rajaram sold 1,150 shares of Pinterest Class A Common Stock at $31.35 per share on March 19, 2025, under a pre-arranged trading plan.

Summary

• On March 19, 2025, Gokul Rajaram, a director of Pinterest, sold 1,150 shares of Class A Common Stock.
• The sale was executed at a price of $31.35 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan.
• Following the transaction, Rajaram directly owns 27,936 shares of Class A Common Stock, which includes RSUs subject to vesting requirements.
• Rajaram also indirectly owns 3,957 shares through the Rajaram Family Revocable Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The sale of shares by a director could have a minor negative impact on shareholder confidence, but the use of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, PINS, Pinterest, Gokul Rajaram, insider trading, Rule 10b5-1, stock sale, Class A Common Stock, director