Pinterest Director Benjamin Silbermann Sells $2.1 Million Stock

Pinterest director Benjamin Silbermann, also a co-founder and former CEO, sold $2.1 million worth of Class A common stock across two dates in mid-July 2026. The transactions, filed on SEC Form 4, were executed on July 14, 2026 and July 15, 2026. The filing lists the weighted average sale price at $22.64, and values the post-transaction position at the July 15, 2026 market close of $23.68. The sale followed the conversion of Class B common stock into Class A common stock after transfer through the Silbermann 2012 Irrevocable Trust. The article notes Silbermann retains a substantial interest through 13,996 directly held shares and large indirect holdings tied to derivatives, including options and RSUs. It also places the trade in a broader context: the stock had a one-year return of -35% as of the transaction date, with the trades linked to a Rule 10b5-1 plan. Pinterest, based in San Francisco, reported 5,265 full-time employees, $15.7 billion market capitalization, $4.4 billion in trailing twelve-month revenue, and $334.3 million net income.