Pinterest Director Benjamin Silbermann Sells Shares via 10b5-1 Plan

2026-06-25SEC Filing 4 (0001773914-26-000010)

This Form 4 filing reports that Benjamin Silbermann, director and 10% owner of Pinterest, sold 93,750 shares of Class A Common Stock on June 23-24, 2026, through a pre-arranged Rule 10b5-1 trading plan. The sales were executed at weighted average prices ranging from $19.844 to $20.1757 per share, generating approximately $1.86 million in proceeds. The transactions involved conversion of Class B shares to Class A shares prior to sale. Silbermann retains significant ownership through 35.4 million Class B shares convertible to Class A, plus 13,996 directly held Class A shares. The sales were conducted under a trading plan adopted on February 27, 2026, indicating planned diversification rather than reaction to market conditions. The filing demonstrates ongoing insider activity at Pinterest with structured disposition of holdings.