Silbermann sells 93,750 shares via scheduled 10b5-1 plan for $2.1M; retains 70,208,151 derivative shares through family trust
Benjamin Silbermann, Director of Pinterest, executed 2 separate sales totaling 93,750 shares for $2,122,420.31 on 2026-07-14 and 2026-07-15 under a pre-arranged 10b5-1 trading plan adopted on 2026-02-27. This is a scheduled, non-discretionary transaction. The sales reduce his non-derivative holdings to 0 shares, but he retains substantial derivative holdings through the Benjamin and Divya Silbermann Family Trust comprising 35,127,513 and 35,080,638 shares. His cross-ticker track record shows 20 prior sells with an average 90-day return of -26.6%, though all 5 of his same-ticker PINS transactions from 2026-06-24 through 2026-07-08 have not yet reached measurable outcome windows. The current stock price of $23.68 trades at -40.7% from the 52-week high of $39.93, positioning these sales within a period of significant price depreciation.