Pinterest Co-Founder Sells $2.2 Million Worth of Shares via Pre-Established Trading Plan
Pinterest co-founder and chair Benjamin Silbermann sold approximately 93,750 shares worth around $2.2 million through the Benjamin and Divya Silbermann Family Trust on August 26, 2026. The transaction was conducted under a Rule 10b5-1 trading plan established in February 2026 to ensure compliance with insider trading regulations. Following this sale, Silbermann retained direct ownership of about 13,996 shares and maintained significant economic exposure through derivative securities totaling approximately 78.2 million indirectly held shares via family trusts and related entities. The stock price had declined by 35% over the preceding year as of the transaction date. The company reported a trailing twelve-month revenue of $4.6 billion, with Pinterest continuing to focus on expanding its advertising solutions and leveraging machine learning for personalized content discovery.
Tickers: $PINS
Topics: insider sale SEC filing stock ownership