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

Gokul Rajaram, a director at Pinterest, sold 1,150 shares of Class A Common Stock on May 21, 2025, at a price of $31.97 per share, according to a Form 4 filing with the SEC.

Summary

• Gokul Rajaram, a director of Pinterest, Inc., reported a transaction involving the sale of Class A Common Stock.
• On May 21, 2025, Rajaram sold 1,150 shares at a price of $31.97 per share.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 12, 2024.
• Following the transaction, Rajaram directly owns 25,636 shares of Class A Common Stock.
• Rajaram also indirectly owns 3,957 shares through the Rajaram Family Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for corporate insiders to set up 10b5-1 trading plans to sell shares over time to avoid accusations of trading on material non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but the effect is likely to be minimal given the relatively small number of shares sold.

Key Dates

Keywords

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