Summary by Futu AI
Pinterest director Rajaram Gokul plans to sell 1,150 shares of common stock on 12/18/2024, with an estimated market value of $35,627. The shares were acquired on 06/20/2024 through a Restricted Stock Lapse as part of equity compensation from Pinterest, Inc.This sale is part of a consistent pattern of transactions. Over the past three months, Gokul has sold 3,450 shares in total, generating gross proceeds of $106,571. Previous sales occurred on 09/18/2024, 10/16/2024, and 11/20/2024, each involving 1,150 shares.The current sale plan was adopted on 06/12/2024, indicating a predetermined trading schedule. This structured approach to stock sales by insiders is common for compliance with securities regulations and to avoid the appearance of trading on non-public information.