Form 4: Pinterest Executive Andrea Acosta Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Andrea Acosta, Chief Accounting Officer of Pinterest, disposed of shares to cover income tax obligations related to vesting Restricted Stock Units.
Summary
- On February 20, 2025, Andrea Acosta, the Chief Accounting Officer of Pinterest, disposed of 7,746 shares of Class A Common Stock to satisfy income tax withholding obligations.
- The shares were withheld by the company at a price of $39.56 per share.
- Following the transaction, Acosta beneficially owns 147,796 shares, including Restricted Stock Units (RSUs) subject to vesting conditions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Disposal of shares for tax obligations. |
| 02/21/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, PINS, Pinterest, Andrea Acosta, Restricted Stock Units, Tax Withholding
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