Summary by Futu AI
Pinterest, Inc. Director Evan Sharp is set to sell 191,714 Class A common shares of the company, with an aggregate market value of approximately $8,028,160, on 05/15/2024. The shares to be sold were acquired through a restricted stock lapse on 04/20/2024, amounting to 53,958 shares, and an exercise of options on 06/17/2022 for 137,756 shares. The securities were acquired from Pinterest, Inc. as equity compensation and through cash payment, respectively. Over the past three months, Sharp has sold 53,725 shares, generating gross proceeds of $1,867,627. The notice for the upcoming sale was filed on the same date as the planned sale, 05/15/2024, with the plan for this transaction having been adopted on 08/15/2023.