{"schema_version":"secwatch.filing_event.v1","accession":"0001506293-26-000136","form_type":"8-K","ticker":"PINS","cik":"0001506293","company_name":"PINTEREST, INC.","filed_at":"2026-10-02T21:10:05+00:00","discovered_at":"2026-10-02T21:12:00.252580+00:00","generated_at":"2026-10-12T14:41:23.191377+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Pinterest amends Level 21 severance plan with new bonuses and >10% good-reason trigger","bullets":["Pinterest amended and restated its Severance and Change in Control Plan for Level 21 employees, effective September 30, 2026.","Plan adds a pro-rated target annual bonus for termination without cause outside a change in control, subject to a separation and release agreement.","For change-in-control terminations without cause or good reason, bonus equals the greater of target annual bonus or actual Company performance, measured as of the change in control.","Plan provides single-trigger equity acceleration only if awards are not assumed, substituted, continued or replaced, and treats a >10% target bonus cut as good reason.","Wanji Walcott signed on October 2, 2026; the full plan text will be filed with Pinterest's next quarterly report."],"urls":{"canonical":"https://secwatch.observer/filing/0001506293-26-000136","json":"https://secwatch.observer/filing/0001506293-26-000136.json","markdown":"https://secwatch.observer/filing/0001506293-26-000136.md","text":"https://secwatch.observer/filing/0001506293-26-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506293/000150629326000136/0001506293-26-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506293/000150629326000136/pins-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:41:23.191377+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}