[144] Peloton Interactive, Inc. SEC Filing

Rhea-AI Filing Summary

Peloton Interactive, Inc. (PTON) filing a Form 144 notifies the proposed sale of 66,949 Class A common shares by an individual using Morgan Stanley Smith Barney as broker. The filing states these shares were acquired on 08/18/2025 through restricted stock vesting under a registered plan and the intended sale date is 08/18/2025 on NASDAQ with an aggregate market value listed at $563,610.16. The filer also disclosed two recent sales by the same person: 30,290 shares sold on 08/07/2025 for $241,707.00 and 63,925 shares sold on 06/16/2025 for $446,759.04. The notice includes the standard representation that the seller is unaware of any undisclosed material adverse information.

Positive

• Disclosure compliance: Form 144 properly identifies the broker, shares to be sold, and acquisition method (restricted stock vesting).
• Recent sales disclosed: The filing lists prior sales on 06/16/2025 and 08/07/2025, providing transparency about recent insider dispositions.

Negative

• Insider selling activity: Proposed sale of 66,949 shares (~$563,610.16) plus prior sales of 94,215 shares in the past three months could be viewed unfavorably by some investors.
• Limited contextual information: Filing does not state the filer’s role, total holdings, or existence/date of any Rule 10b5-1 trading plan.

Insights

Securities Analyst

TL;DR: Insider plans to sell newly vested restricted shares totaling 66,949 shares (~$563.6k); prior sales in June and August show ongoing disposition.

The planned sale stems from restricted stock vesting, a routine compensation event rather than an open-market purchase. The disclosed aggregate market value of the intended sale is $563,610.16, and two recent sales in the past three months totaled 94,215 shares generating $688,466.04. For investors, clustered insider sales can warrant attention but the filing does not state any nonpublic adverse information. This appears to be standard compliance with Rule 144.

Corporate Governance Expert

TL;DR: This Form 144 documents exercise/vesting-related sales and includes required seller representation; no governance red flags disclosed.

The securities were acquired by vesting under a registered plan and the sale is routed through a named broker, which aligns with customary executive compensation monetization. The filer affirms no undisclosed material adverse information. Absent additional context such as insider role, frequency relative to total holdings, or a trading plan date, the disclosure itself is procedural and does not indicate governance issues.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	66949	563610.16	391926269	08/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/18/2025	Restricted stock vesting under a registered plan	Issuer			66949	08/18/2025	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
NICHOLAS CALDWELL 441 Ninth Avenue Sixth Floor New York NY 10001	Class A Common	08/07/2025	30290	241707.00
NICHOLAS CALDWELL 441 Ninth Avenue Sixth Floor New York NY 10001	Class A Common	06/16/2025	63925	446759.04

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Peloton’s (PTON) Form 144 filed on 08/18/2025 disclose?

The filing discloses a proposed sale of 66,949 Class A shares acquired via restricted stock vesting, with an aggregate market value of $563,610.16 and an intended sale date of 08/18/2025 on NASDAQ.

Who is the broker handling the proposed sale for PTON Form 144?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza.

Has the filer sold PTON shares recently?

Yes. The filer sold 63,925 shares on 06/16/2025 for $446,759.04 and 30,290 shares on 08/07/2025 for $241,707.00.

How were the shares being sold acquired according to the Form 144?

The shares were acquired on 08/18/2025 through restricted stock vesting under a registered plan, and payment is described as for services rendered.

Does the Form 144 state any undisclosed material information about Peloton?

No. The filer represents by signing the notice that they do not know any material adverse information that has not been publicly disclosed.