Pinterest Director Benjamin Silbermann Sells 93,750 Shares for $2.2 Million Under 10b5-1 Plan
Updated
Updated · Yahoo Finance · Aug 22
Pinterest Director Benjamin Silbermann Sells 93,750 Shares for $2.2 Million Under 10b5-1 Plan
1 articles · Updated · Yahoo Finance · Aug 22
Summary
$2.2 million of Pinterest stock was sold by director Benjamin Silbermann, who disclosed 93,750 Class A shares disposed of through multiple open-market trades.
The sales were prearranged under a Rule 10b5-1 trading plan adopted on Feb. 27, 2026, with executions at prices ranging from $22.96 to $23.61 and a weighted average of $23.26.
13,996 directly held shares remained after the transaction, valued at about $327,366 based on Pinterest's Aug. 19 close of $23.39.
Silbermann still retains sizable exposure through derivative holdings of roughly 1.2 million direct units and 78.4 million indirect units, even after the sale.
Pinterest shares had fallen 34% over the prior year as of the Aug. 19 transaction date, leaving the $14.7 billion company trading near $23.