Form 4: Pinterest Executive Andrea Acosta Reports Stock Transactions
SEC Form 4 Filing
Andrea Acosta, Chief Accounting Officer of Pinterest, reports the disposition of 2,925 shares of Class A Common Stock to cover tax obligations related to vesting RSUs.
Summary
- On June 20, 2024, Andrea Acosta, the Chief Accounting Officer of Pinterest, disposed of 2,925 shares of Class A Common Stock.
- The transaction was to cover income tax withholding and remittance obligations related to the vesting and net settlement of previously reported Restricted Stock Units (RSUs).
- The price per share for the transaction was $44.01.
- Following the transaction, Acosta beneficially owns 183,981 shares, consisting of 60,351 shares of Class A Common Stock and 123,630 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of stock transaction (disposal of shares). |
| 06/24/2024 | Date of signature on the Form 4 filing. |
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