According to a recent SEC Form 4 filing, Rajaram Gokul, a director at Pinterest, Inc. (NYSE:PINS), has reported the sale of shares of the company’s Class A Common Stock. This transaction, which took place on May 27, 2026, involved selling 1,050 shares at a price of $20.00 per share, resulting in total proceeds of $21,000.
The sale price achieved was closely aligned with Pinterest’s trading price of $20.03. However, the filing also provided context regarding the stock's performance over the past year, noting that the stock had declined by 39% during that period. Crucially, this specific sale was executed under the terms of a Rule 10b5-1 trading plan. Mr. Gokul originally adopted this plan on November 25, 2025.
In addition to the reported divestiture, the SEC filing detailed another significant event: the acquisition of shares through vesting. On May 22, 2026, the filing reported that Mr. Gokul acquired 13,996 shares of Class A Common Stock. These shares originated from the vesting of Restricted Stock Units (RSUs). The total value associated with these RSUs at the time of vesting was $269,982, equating to a value of $19.29 per share. It is important to note that each RSU represents Mr. Gokul’s entitlement to receive one share of Class A common stock, contingent upon meeting specific vesting criteria.
Following these reported transactions, the filing indicates that Mr. Gokul directly holds a total of 40,396 shares of Pinterest Class A Common Stock. This figure incorporates both currently held shares and RSUs that remain subject to future vesting conditions. Furthermore, through an indirect holding managed by the Rajaram Family Revocable Trust, Mr. Gokul possesses an additional 3,957 shares.
The financial performance of Pinterest has attracted considerable attention from market analysts. The company recently reported impressive first-quarter results, with revenue reaching approximately $1.008 billion. This figure represents a significant year-over-year increase of 18%. Furthermore, this revenue total surpassed the consensus estimate that had been set at $965 million. Analysts attributed much of this strong performance to robust activity within the U.S. and Canada segment.
The positive financial data spurred immediate reactions from major investment banks. Benchmark reaffirmed its