Pinterest Co-Founder Sells $2.2 Million Worth of Shares
Pinterest co-founder and chair Benjamin Silbermann sold approximately 93,750 shares in the company for around $2.2 million through a family trust. The transaction was conducted under a Rule 10b5-1 trading plan established on February 27, 2026, which allows insiders to execute trades without suspicion of insider trading. Following this sale, Silbermann still holds over 80 million derivative securities indirectly and owns around 14,000 Class A shares directly. The stock price has declined by about 35% in the past year as of August 26, 2026, closing at $23.31 per share. Pinterest continues to operate with a strong revenue base and maintains its position as a leading visual discovery platform through personalized content recommendations powered by machine learning.
Tickers: $PINS
Topics: executive activity SEC filing stock sale