Pinterest Co-Founder & Director Benjamin Silbermann Sells $2.01M in Stock Under 10b5-1 Plan
PINTEREST, INC.
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Filing Summary
📊 Insider Sale Alert: PINTEREST, INC. ($PINS) Insider: Benjamin Silbermann (Director, 10% Owner) Type: Sale (via Rule 10b5-1 Plan) Shares Sold: 93,750 Average Price: ~$21.43 Total Value: $2,008,935.94 Ownership After: 34,611,888 Class B shares (Trust), 8,762,530 Class B shares (LLC), 1,174,715 Class B shares (Direct), 13,996 Class A RSUs
Comprehensive Analysis
Executive Summary
On September 1–2, 2026, Pinterest co-founder, Director, and 10% Owner Benjamin Silbermann executed open-market sales totaling 93,750 shares of Class A Common Stock for an aggregate value of $2,008,935.94. The sales were preceded by the conversion of an equivalent number of Class B Common Stock shares into Class A Common Stock and were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026.
Transaction Breakdown
- September 1, 2026:
- Converted 46,875 shares of Class B Common Stock to Class A Common Stock (Code C).
- Sold 46,875 shares of Class A Common Stock at a weighted average price of $21.6287 (range: $21.495–$21.75), yielding $1,013,845.31.
- September 2, 2026:
- Converted 46,875 shares of Class B Common Stock to Class A Common Stock (Code C).
- Sold 46,875 shares of Class A Common Stock at a weighted average price of $21.2286 (range: $21.03–$21.38), yielding $995,090.63.
Ownership and Holding Analysis
Following the transactions, Benjamin Silbermann retains substantial voting control and equity ownership:
- Class B Common Stock (Indirect via Benjamin and Divya Silbermann Family Trust): 34,611,888 shares
- Class B Common Stock (Indirect via SFTC, LLC): 8,762,530 shares
- Class B Common Stock (Direct): 1,174,715 shares
- Class A Common Stock (Direct, RSUs): 13,996 shares
The disposed shares represent a fraction of 1% of his total beneficial ownership, signaling standard programmatic portfolio diversification rather than a strategic change in outlook.
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Important Disclaimer
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