Pinterest Co-Founder Paul Sciarra Files Form 144 to Sell $6.75M in Common Stock

Overview

On October 29, 2026, Pinterest, Inc. co-founder Paul Sciarra filed a Form 144 notice of proposed sale covering 336,482 shares of common stock through broker Merrill Lynch. The aggregate market value of the proposed transaction is $6,751,544.98, representing an implied share price of approximately $20.07.

Transaction Details

• Security: Common Stock
• Shares Proposed for Sale: 336,482
• Estimated Aggregate Market Value: $6,751,544.98
• Origin of Securities: Founder shares acquired directly from the issuer on July 14, 2009, with payment via conversion.
• Shares Outstanding: 492,198,008 (proposed sale represents approximately 0.07% of outstanding common stock).

Prior 3-Month Trading Activity

According to the disclosure, Paul Sciarra executed a sale within the past three months:

• Date: October 27, 2026
• Shares Sold: 500,000
• Gross Proceeds: $10,339,300 (average price of ~$20.68 per share)

Trading Significance

This filing carries Medium significance. Although the proposed sale represents a fractional percentage of Pinterest's total shares outstanding (0.07%), it indicates ongoing liquidity events by a company co-founder, totaling over 836,000 shares and ~$17.09M in proceeds within a single week.