Pinterest (PINS) director Silbermann sold 93,750 shares for $1.92M at an average $20.46 under a 10b5-1 plan
Director Silbermann sold 93,750 PINS shares at ~$20.46 (~$1.92M) under a 10b5-1 plan after converting Class B shares.
Insider transactions reported
Benjamin Silbermann (director at Pinterest Inc., PINS) reported that they sold 93,750 shares for $1.92M at an average $20.46, and acquired 93,750 shares between Nov 3, 2026 and Nov 4, 2026. After these transactions the filing shows 0 shares held indirectly (Benjamin and Divya Silbermann Family Trust).
- Reporting person
- Silbermann Benjamin
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 3, 2026 | Conversion of a derivative (C) | Class A Common Stock1 | +46,875 | - | - | 46,875 indirect |
| Nov 3, 2026 | Open-market sale (S) | Class A Common Stock2, 3 | -46,875 | $19.92 | $934K | 0 indirect |
| Nov 4, 2026 | Conversion of a derivative (C) | Class A Common Stock1 | +46,875 | - | - | 46,875 indirect |
| Nov 4, 2026 | Open-market sale (S) | Class A Common Stock2, 4 | -46,875 | $21.00 | $984K | 0 indirect |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 3, 2026 | Conversion of a derivative (C) | Class B Common StockOn 46,875 Class A Common Stock6 | -46,875 | - | - | 33,908,763 indirect |
| Nov 4, 2026 | Conversion of a derivative (C) | Class B Common StockOn 46,875 Class A Common Stock6 | -46,875 | - | - | 33,861,888 indirect |
Holdings before and after
- Class B Common Stock: 33,955,638 to 33,861,888 indirect, Benjamin and Divya Silbermann Family Trust
Other positions listed
- Class A Common Stock: 13,996 direct
Footnotes from the filing
- 1. Represents the conversion of shares of Class B Common Stock, par value $0.00001 ( Class B Common Stock ) into Class A Common Stock, par value $0.00001 ( Class A Common Stock ), in connection with the sale of such shares pursuant to a Rule 10b5-1 trading plan.
- 2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
- 3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.64 to $20.105 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- 5. Represents previously reported RSUs that are subject to vesting requirements.
- 6. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer, and in other circumstances as outlined in the Issuer's Certificate of Incorporation.
- 7. Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Conversion of a derivative:
- Code C marks the conversion of a derivative, such as preferred stock or units, into another security.
FAQ
What did Silbermann report in this PINS Form 4?
Benjamin Silbermann (director at Pinterest Inc., PINS) reported that they sold 93,750 shares for $1.92M at an average $20.46, and acquired 93,750 shares between Nov 3, 2026 and Nov 4, 2026. After these transactions the filing shows 0 shares held indirectly (Benjamin and Divya Silbermann Family Trust).
How many PINS shares does Silbermann hold after this filing?
The filing shows 0 shares held indirectly (Benjamin and Divya Silbermann Family Trust) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this PINS insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for PINS
Across the 16 sessions after earlier PINS headlines, the stock closed higher 9 times and lower 7 times, with a median move of 2.7% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | PINS | SPY |
|---|---|---|---|
| Oct 30, 2026 | Pinterest Announces Third Quarter 2026 Results, Delivers 12% Revenue Growth and Record Users | -2.8% | -1.8% |
| Oct 20, 2026 | Pinterest to Announce Third Quarter 2026 Results | +2.9% | +0.3% |
| Oct 6, 2026 | Pinterest Appoints James Dibbo Chief Financial Officer | -0.1% | +0.5% |
| Sep 17, 2026 | Pinterest Launches Visual Search Ads to Expand Performance Advertising Across Visual Discovery | -1.8% | +1.1% |
| Aug 14, 2026 | Pinterest to Participate in the Goldman Sachs Communacopia + Technology Conference | +3.2% | -0.2% |
| Aug 5, 2026 | Barclays reiterated coverage on Pinterest with a new price targetand 10 other headlines that session | -8.7% | -0.2% |
Earlier insider filings at PINS
- Oct 21, 2026Director Rajaram Gokul sold $23,982 worth of shares (1,050 units at $22.84) as part of a pre-agreed trading plan (SEC Form 4)
- Oct 21, 2026Director Silbermann Benjamin sold $2,132,831 worth of shares (93,750 units at $22.75) as part of a pre-agreed trading plan (SEC Form 4)
- Oct 14, 2026Director Silbermann Benjamin sold $2,042,766 worth of shares (93,750 units at $21.79) as part of a pre-agreed trading plan (SEC Form 4)
- Oct 7, 2026Director Silbermann Benjamin sold $1,862,391 worth of shares (93,750 units at $19.87) as part of a pre-agreed trading plan (SEC Form 4)
- Oct 6, 2026Director Rajaram Gokul sold $21,000 worth of shares (1,050 units at $20.00) as part of a pre-agreed trading plan (SEC Form 4)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Computer Software: Programming Data Processing
- Listed since
- 2019
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