Pinterest Founder Benjamin Silbermann plans sale of Additional Shares Following Block Trades Totaling over 1.1 Million Shares
NEW YORK – Pinterest founder Benjamin Silbermann intends to sell 8 shares of Class A common stock, currently valued at $255, according to a Form 144 filing with the Securities and Exchange Commission. This planned sale, scheduled for execution on October 1, 2025, on the New York Stock Exchange, follows a series of eleven weekly block trades executed between July 2 and September 24, 2025, where Silbermann sold a combined 1,122,913 shares.
The filings reveal a consistent pattern of sales, with each transaction involving 102,083 shares. These prior sales generated millions of dollars in gross revenue on each respective date, as detailed in the SEC document. The Form 144 indicates the shares being sold were originally acquired as Founders shares from Pinterest, Inc. on April 18, 2019.
Form 144 filings allow company insiders to sell restricted securities into the public market, subject to certain conditions and holding periods. While the planned sale of 8 shares represents a small fraction of Silbermann’s overall holdings, it occurs within the context of a larger divestment strategy demonstrated by the preceding 1.12 million share sales. Investors will be watching to see if this signals a continued reduction in Silbermann’s stake in the social media company.