Form 4: Pinterest Director Sells Shares
Insider Transaction (Form 4)
Benjamin Silbermann, a Director and 10% owner of Pinterest, Inc., sold 93,750 shares of common stock on August 11, 2026.
Summary
- Conversion of derivative: acquired 46,875 Class A Common Stock on August 11, 2026; holds 46,875 after (Indirect).
- Open-market sale: disposed of 46,875 Class A Common Stock at $23.88 ($1,119,403) on August 11, 2026 (Indirect).
- Conversion of derivative: acquired 46,875 Class A Common Stock on August 12, 2026; holds 46,875 after (Indirect).
- Open-market sale: disposed of 46,875 Class A Common Stock at $23.23 ($1,088,817) on August 12, 2026 (Indirect).
- Conversion of derivative: disposed of 46,875 Class B Common Stock on August 11, 2026; holds 34,940,013 after (Indirect).
- Conversion of derivative: disposed of 46,875 Class B Common Stock on August 12, 2026; holds 34,893,138 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,208,220 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Benjamin Silbermann — Director, 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-11 | Conversion of derivative | Class A Common Stock | 46,875 | — | — | 46,875 |
| 2026-08-11 | Open-market sale | Class A Common Stock | 46,875 | $24 | $1.1M | 0 |
| 2026-08-12 | Conversion of derivative | Class A Common Stock | 46,875 | — | — | 46,875 |
| 2026-08-12 | Open-market sale | Class A Common Stock | 46,875 | $23 | $1.1M | 0 |
| 2026-08-11 | Conversion of derivative | Class B Common Stock | 46,875 | — | — | 34,940,013 |
| 2026-08-12 | Conversion of derivative | Class B Common Stock | 46,875 | — | — | 34,893,138 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-11 | Conversion of derivative (46,875 shares) |
| 2026-08-11 | Open-market sale (46,875 shares) |
| 2026-08-12 | Conversion of derivative (46,875 shares) |
| 2026-08-12 | Open-market sale (46,875 shares) |
| 2026-08-11 | Conversion of derivative (46,875 shares) |
| 2026-08-12 | Conversion of derivative (46,875 shares) |
Keywords
insider transaction, Form 4, PINS, PINTEREST, INC., bearish, Benjamin Silbermann
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