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The latest announcement is out from Pinterest ( (PINS) ).
Pinterest’s Board of Directors has approved a performance-based restricted stock unit award for CEO Bill Ready, valued at $18 million, to encourage long-term shareholder value. The award’s performance period spans three years and the units’ vesting is contingent on the company’s total shareholder return relative to the Nasdaq CTA Internet Index and Mr. Ready’s continued service.
More about Pinterest
Pinterest, Inc. operates in the social media and technology industry, providing a platform for users to discover and save creative ideas and inspirations. The company focuses on enhancing user engagement and monetization, leveraging its extensive user base and visual search technologies.
YTD Price Performance: 0.95%
Average Trading Volume: 9,982,656
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $20.86B
See more data about PINS stock on TipRanks’ Stock Analysis page.
