Pinterest Files Definitive Additional Materials Proxy Statement

TL;DR

Pinterest filed its definitive proxy materials on 5/9/24 - shareholders, get ready to vote!

AI Summary

Pinterest, Inc. filed a Definitive Additional Materials proxy statement on May 9, 2024. This filing is related to the company's annual meeting and likely contains important information for shareholders regarding voting matters, executive compensation, and board nominations. The filing does not appear to be a preliminary proxy statement or solicitating material under Rule 14a-12.

Why It Matters

This filing provides shareholders with crucial information for the upcoming annual meeting, enabling them to make informed decisions on company governance and strategic direction.

Risk Assessment

Risk Level: low — This is a standard proxy filing, not indicating any immediate financial or operational risks.

Key Players & Entities

• PINTEREST, INC. (company) — Registrant
• 0001506293-24-000085.txt (document) — Filing document identifier
• 20240509 (date) — Filing date
• 651 BRANNAN STREET (address) — Company business and mailing address
• SAN FRANCISCO (location) — Company city
• DE (location) — State of incorporation

FAQ

From the Filing

0001506293-24-000085.txt : 20240509 0001506293-24-000085.hdr.sgml : 20240509 20240509160855 ACCESSION NUMBER: 0001506293-24-000085 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PINTEREST, INC. CENTRAL INDEX KEY: 0001506293 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 263607129 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38872 FILM NUMBER: 24930588 BUSINESS ADDRESS: STREET 1: 651 BRANNAN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 4157627100 MAIL ADDRESS: STREET 1: 651 BRANNAN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94107 FORMER COMPANY: FORMER CONFORMED NAME: Pinterest, Inc. DATE OF NAME CHANGE: 20120808 FORMER COMPANY: FORMER CONFORMED NAME: Cold Brew Labs Inc. DATE OF NAME CHANGE: 20101122 DEFA14A 1 defa14a.htm DEFA14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  ) ☑ Filed by the Registrant ☐ Filed by a party other than the Registrant CHECK THE APPROPRIATE BOX: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☑ Definitive Additional Materials ☐ Soliciting Material under §240.14a-12 Pinterest, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY): ☑ No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 PINTEREST, INC. 651 Brannan Street San Francisco, CA 94107 SUPPLEMENT TO PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS To Our Stockholders: This proxy statement supplement, dated May 9, 2024 (this “Supplement”), supplements the definitive proxy statement on Schedule 14A of Pinterest, Inc. (the “Company”), dated April 10, 2024 (the “Proxy Statement”), for the Company’s Annual Meeting of Stockholders to be held on May 23, 2024 (the “Annual Meeting”). This Supplement has been prepared to provide the Company’s stockholders with information about certain changes on the Board that occurred subsequent to the filing of the Proxy Statement. THIS SUPPLEMENT SHOULD BE READ IN CONJUNCTION WITH THE PROXY STATEMENT . Departure of Jeffery Jordan as a Class I Director On May 6, 2024, Jeffery Jordan, an independent director, notified the Board of his decision to retire from the Board effective May 9, 2024. Mr. Jordan’s decision to retire from the Board was not due to any disagreement with the Company, the Board or management of the Company regarding any matter related to the Company’s operations, policies, practices or otherwise. The Board appreciates and thanks Mr. Jordan for his contribution to the Company as a member of the Board. Appointment of Chip Bergh as a Class I Director On May 8, 2024, the Board, based on the recommendation of the Company’s Nominating and Corporate Governance Committee, appointed Charles “Chip” Bergh to the Board, effective May 9, 2024. Mr. Bergh was appointed as a Class I director for a term expiring at the 2026 Annual Meeting of Stockholders or until his successor is duly elected or qualified. Mr. Bergh has been appointed to the Nominating and Corporate Governance Committee and the Talent Development and Compensation Committee of the Board. The Board affirmatively determined that Mr. Bergh is independent within the meaning of NYSE Listing Standards. Followin