Pinterest Director Sells Shares Worth $1.8 Million
Benjamin Silbermann, a director at Pinterest (PINS), sold 93,750 shares of Class A Common Stock for approximately $1.8 million between September 15 and 16, 2026. The transaction was disclosed in an SEC Form 4 filing and executed under a Rule 10b5-1 trading plan established on February 27, 2026. Silbermann converted Class B shares to Class A before the sale since only Class A can be liquidated publicly. After this transaction, he holds approximately 13,996 directly owned Class A shares and significant derivative interests totaling around 1.2 million direct and 77.7 million indirect shares through SFTC, LLC. The stock price at the time of sale was $18.93 per share (weighted average), while it closed at $18.65 on September 16, reflecting a decline in value since the plan's initiation.
Tickers: $PINS
Topics: insider selling Pinterest SEC Form 4