Benjamin Silbermann, a Director and 10% owner of Pinterest, Inc. (NASDAQ:PINS), sold a total of 93,750 shares of the company’s Class A Common Stock for a combined value of $2,122,420, according to a recent SEC filing. The transactions occurred over two days, July 14 and July 15, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026. The sale comes as Pinterest shares trade at $23.67, down 35% over the past year, though InvestingPro analysis suggests the stock remains undervalued with a Fair Value of $32.13, placing it among opportunities on the platform’s most undervalued stocks list. The company maintains a “GREAT” financial health score of 3.14 and holds more cash than debt on its balance sheet, according to InvestingPro data, which offers 10 additional ProTips for deeper analysis.
On July 14, Mr. Silbermann sold 46,875 shares of Class A Common Stock. The shares were sold in multiple transactions at prices ranging from $22.0300 to $22.4950 per share, with a weighted average sale price of $22.2503. The following day, July 15, he sold an additional 46,875 shares. These transactions had prices ranging from $22.7000 to $23.4700 per share, with a weighted average sale price of $23.028. All sales were conducted indirectly through the Benjamin and Divya Silbermann Family Trust.
In connection with these sales, an equal number of Class B Common Stock shares were converted into Class A Common Stock. Each share of Class B Common Stock is convertible into one share of Class A Common Stock, either at the holder’s option or automatically upon transfer, as specified in the company’s Certificate of Incorporation.
Following these transactions, Mr. Silbermann’s direct holdings of Class A Common Stock amount to 13,996 shares, which are subject to vesting requirements. His indirect holdings of Class B Common Stock through the Benjamin and Divya Silbermann Family Trust total 35,080,638 shares, and he directly holds 1,174,715 shares of Class B Common Stock. Additionally, SFTC, LLC, an entity for which Mr. Silbermann disclaims beneficial ownership except to the extent of his pecuniary interest through certain immediate family members, holds 8,762,530 shares of Class B Common Stock.
In other recent news, Pinterest Inc has been the focus of several analyst reports and developments. Guggenheim reiterated its Buy rating on Pinterest, highlighting the company’s AI-driven improvements in its advertising business and consistent global user growth. The firm expects revenue growth to remain at the high end of the guidance range for the second quarter. Meanwhile, TD Cowen also maintained its Buy rating, citing Pinterest as a top mid-cap idea for 2026, driven by strong advertising revenue growth. DA Davidson initiated coverage with a Buy rating, emphasizing Pinterest’s consistent engagement growth over the past ten quarters. Additionally, Pinterest’s shares experienced a rise following news of Meta Platforms launching premium subscription versions of its social media offerings. This development could have implications for the broader social media landscape. Lastly, the Federal Trade Commission reminded technology companies, including Pinterest, of the upcoming compliance deadline for the Take It Down Act, which addresses the removal of non-consensual intimate images.
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