Summary by Futu AI
On September 30, 2024, BlackRock, Inc. filed an amended Schedule 13G/A with the SEC, indicating a 7.8% ownership stake in Pinterest, Inc., which translates to 46,967,096 shares. This filing, required under the Securities Exchange Act of 1934, reflects changes in BlackRock's beneficial ownership of Pinterest's common stock. BlackRock, a Delaware-based investment management corporation, reported sole voting power over 42,610,868 shares and sole dispositive power over all 46,967,096 shares it owns. The filing also included a list of subsidiaries under BlackRock, Inc. and a power of attorney authorizing certain individuals to execute documents related to SEC filings on behalf of the company. The document was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated November 8, 2024.