I built some wide shop cabinets that have some pretty heavy loads in them and used pins. To help support the shelves, I also put a row up the middle of the back (which is also 3/4" ply). As long as the holes are not sloppy, pins hold fine.
I notice your shelf span is 40" wide, which is beyond the usual recommended length for 3/4 material. I would recommend you run one or two rows of pin holes up the back also, if the back is thick enough to hold them, If not using back pins, then stiffen both front and back edges with the 1 1/4" trimming.
From my "lessons-learned library":
1. If using a pin hole jig, make sure it is always referenced from the same edge (i.e top or bottom) and mark the jig on front and back to keep it oriented correctly. Flipping it end to end WILL result in misaligned holes.
2. Just because the store labeled the pins "1/4" diameter", it pays to actually measure them. Evidently, 1/4" is just a random target with some manufacturers. You may need to adjust your drill bit size (which also includes the jig if home-made). IIRC, i used a 15/32" bit on my shop cabinets to get a snug fit.
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