Form 4: Pinterest Director Jeremy Levine Sells Shares in Multiple Transactions

Director Jeremy Levine sold Pinterest shares in multiple transactions on March 7, 2025, at weighted average prices of $33.625 and $34.327.

Summary

• On March 7, 2025, Jeremy S. Levine, a director of Pinterest, Inc., sold 24,735 shares of Class A Common Stock at a weighted average price of $33.625.
• He also sold 25,800 shares of Class A Common Stock at a weighted average price of $34.327.
• Following these transactions, Levine beneficially owns 1,156,693 shares of Class A Common Stock, which includes restricted stock units subject to vesting requirements.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a director's stock sales, which is neutral in sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market regarding the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are publicly available for scrutiny.
• The volume of shares sold is relatively small compared to the total outstanding shares of Pinterest, suggesting it may not have a significant impact on the stock price.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small volume.

Key Dates