PINS PINTEREST, INC.

NEUTRAL Impact: 3/10 Insider Cluster (11 insiders)
Horizon days Filed May 27, 2026 Processed 13d 10h ago
Insider cluster: 2 insiders, $180K total
Latest settled — T+5d
PINS ▲ +4.55% at T+5d
NEUTRAL call ✓ call won +4.55% · α vs SPY +4.24% · entry $20.65 → $21.59
Next anchor: T+20d in 15d
Last close $21.99 (close Jun 8) · +6.49% from $20.65 entry
Entry anchored
May 27, 2026
via day open
T+1d
-2.91%
call -2.91% · α -3.15%
$20.05
settled 13d ago
T+5d
+4.55%
call +4.55% · α +4.24%
$21.59
settled 7d ago
T+20d
call — · α —
in 15d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two PINS directors sold a total of ~$180K in open-market sales over a week, with Benjamin Silbermann (co-founder, 10% owner) accounting for $159K of that. The sales are trivial relative to the $10.8B market cap (0.0017%), and the majority of insider activity in the cluster is non-cash director grants (10 directors each awarded ~$270K in restricted stock on 5/22). The sales appear liquidity-driven following the grant vesting, not a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$179.5K
Insiders
11

Actionable Insight

The insider selling is negligible in size and follows a routine director grant cycle. No bearish read-through. Monitor the next quarterly filing for any change in fundamentals, but this cluster alone does not warrant action.

Key Facts

  • Two open-market sales totaling ~$180K: Silbermann sold 8,414 shares ($159K) on 5/21; Gokul sold 1,050 shares ($21K) on 5/27.
  • Ten directors each received a grant/award of 13,996 shares (~$270K each) on 5/22 — these are non-cash compensation events.
  • Total open-market sale value ($180K) is 0.0017% of PINS' $10.8B market cap — well below the 0.1% materiality threshold.
  • The cluster includes 11 total transactions, but 9 are non-cash grants/awards with $0 economic impact on the market.
  • Historical performance on PINS shows a +4.34% average T+20 return on prior reports, but those were neutral-score filings with mixed outcomes.

Financial Impact

Open-market sales of ~$180K, representing 0.0017% of market cap — immaterial.

dilution

Risk Factors

  • Co-founder Silbermann's $159K sale could be misinterpreted as a negative signal by retail traders, but the amount is trivial relative to his likely holdings.
  • No material risk identified from this cluster.

Market Snapshot

Exchange
NYSE
Sector
Services-Computer Programming, Data Processing, Etc.
Analyst Consensus
51% bullish (45 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PINS-1779913775484
7 reports for PINS
Performance horizon
Filters
Rows
Reports for PINS — sortable, filterable
Type Now
Jun 4, 2026
5d ago
Insider Cluster
NEUTRAL ★ 3/10
$21.60 awaiting T+1awaiting T+1$21.99 (+1.81%)
Jun 2, 2026
7d ago
Insider Cluster
NEUTRAL ★ 2/10
$20.67 $21.59▲ +4.45%▲ +4.05%$21.99 (+6.39%)
May 27, 2026
13d ago
Insider Cluster
NEUTRAL ★ 3/10
$20.65 $20.05▼ −2.91%▼ −3.15%$21.99 (+6.49%)
May 4, 2026
5w ago
8-K
MIXED ★ 5/10
$22.28 $22.28· 0.00%▼ −1.38%$21.99 (−1.30%)
Apr 8, 2026
8w ago
DEFA14A
NEUTRAL ★ 3/10
$17.94 $17.62▼ −1.78%▼ −1.72%$21.99 (+22.58%)
Mar 5, 2026
13w ago
8-K
NEUTRAL ★ 5/10
$19.75 $20.01▲ +1.32%▲ +2.63%$21.99 (+11.34%)
Feb 28, 2026
14w ago
Institutional Cluster
MIXED ★ 6/10
$17.48 $19.10▲ +9.27%▲ +10.18%$21.99 (+25.80%)
Showing 7 of 7

US Market Status

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