Pinterest Files 8-K on Shareholder Vote Matters

TL;DR

Pinterest held a shareholder vote on May 23rd, details to follow.

AI Summary

Pinterest, Inc. filed an 8-K on May 24, 2024, to report on matters submitted to a vote of its security holders as of May 23, 2024. The filing indicates that the company held a meeting where security holders voted on specific proposals, the details of which are expected to be further elaborated upon in the filing.

Why It Matters

This filing informs investors about key decisions made by Pinterest's security holders, which could impact the company's governance and future direction.

Risk Assessment

Risk Level: low — This is a routine filing to report on a shareholder vote, not indicating any immediate financial distress or significant operational change.

Key Players & Entities

• PINTEREST, INC. (company) — Filer
• May 23, 2024 (date) — Date of Earliest Event Reported
• May 24, 2024 (date) — Filing Date
• 651 Brannan Street San Francisco , California 94107 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.00001 — which registered Class A Common Stock, $0.00001 par value PINS New York Stock Exchange

Filing Documents

• pins-20240523.htm (8-K) — 40KB
• 0001506293-24-000102.txt ( ) — 173KB
• pins-20240523.xsd (EX-101.SCH) — 2KB
• pins-20240523_def.xml (EX-101.DEF) — 3KB
• pins-20240523_lab.xml (EX-101.LAB) — 23KB
• pins-20240523_pre.xml (EX-101.PRE) — 14KB
• pins-20240523_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 23, 2024, the Company held its annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, the stockholders voted on the following proposals: 1. To elect the three Class II nominees for director named in the proxy statement to hold office until the 2027 annual meeting of stockholders and until their successors have been duly elected and qualified, or until their office is otherwise vacated. 2. To approve, on an advisory non-binding basis, the compensation of the Company's named executive officers. 3. To ratify the audit and risk committee's selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year 2024. Holders of the shares of Class A common stock were entitled to one vote per share held as of the close of business on March 27, 2024 (the "Record Date") and holders of the shares of Class B common stock were entitled to 20 votes per share held as of the Record Date. Holders of the shares of Class A common stock and holders of the shares of Class B common stock voted together as a single class on all matters submitted to a vote of stockholders at the Annual Meeting. The number of votes cast for and against and the number of abstentions and broker non-votes with respect to each matter voted upon are set forth below. 1. Election of directors Nominee For Against Abstain Broker Non-Votes Fredrick Reynolds 1,639,348,504 107,638,267 418,603 48,673,337 Scott Schenkel 1,740,382,276 6,302,331 720,767 48,673,337 Andrea Wishom 1,575,102,190 171,849,969 453,215 48,673,337 Based on the votes set forth above, each director nominee was duly elected to serve until the 2027 annual meeting of stockholders and until their successors have been duly elected and qualified, or until their office is otherwise vacated. 2. Approval, on an advisory non-binding basis, of the compensation of the Company's named executive officers For Ag

View Full Filing

View this 8-K filing on SEC EDGAR