secwatch.observer — SEC 8-K summary
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Issuer:     PINTEREST, INC. (PINS)
CIK:        0001506293
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001506293-24-000150
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CPO Sabrina Ellis to depart Pinterest; receives $600k cash and RSU vesting
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- Sabrina Ellis transitions to advisory role immediately, leaves on September 21, 2024.
- Separation includes $600,000 cash (12 months base salary) plus accelerated vesting of 340,442 RSUs.
- Performance-based RSUs will vest per original terms subject to goal achievement.
- Departure is not due to any disagreement with the company or management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506293/000150629324000150/0001506293-24-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506293/000150629324000150/pins-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001506293-24-000150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer