PTON insider files to sell 152,265 Class A shares valued at $1.18M

Rhea-AI Filing Summary

Peloton Interactive, Inc. reported a proposed sale of 152,265 Class A common shares, acquired as performance stock units on 09/15/2025 and to be sold through Morgan Stanley Smith Barney. The filing lists an aggregate market value of $1,184,149.68 based on the proposed sale and shows 391,926,269 shares outstanding for the class. The approximate sale date is 09/16/2025 on NASDAQ. The filer indicates the securities were earned for services and affirms they are not aware of any undisclosed material adverse information about the issuer.

Positive

• Clear disclosure of acquisition date, nature of award (performance stock units), broker, and planned sale date
• Compliance with Rule 144 and inclusion of the filer's representation regarding material nonpublic information
• Transaction size is small relative to outstanding shares (approximately 0.04%), implying minimal dilution or market impact

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider sale disclosure for vested performance units; size is immaterial to capital structure.

The filing documents a planned sale of 152,265 shares valued at $1.18M, representing approximately 0.04% of Class A shares outstanding, indicating this is a typical disposition of vested equity awards rather than a significant liquidity event. The use of a broker and the one-day approximate sale date are consistent with standard Rule 144 execution. From a market-impact perspective, the small percentage of outstanding shares and the stated origin as compensation suggest limited effect on Peloton's equity base or share price.

Corporate Governance Expert

TL;DR: Filing meets disclosure requirements and includes required representations; no governance red flags present.

The notice includes essential elements: acquisition date, nature (performance stock units), payment as services, broker details, and the filers certification about material nonpublic information. This transparency aligns with good governance and insider-trading compliance practices. There is no report of other sales in the prior three months, which simplifies aggregation rules. The filing does not indicate any unusual arrangements or exceptions that would raise compliance concerns.

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	152265	1184149.68	391926269	09/16/2025	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 *
Class A Common	09/15/2025	Performance Stock Units	Issuer			152265	09/15/2025	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

Nothing to Report

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 shares is Peloton (PTON) proposing to sell under Form 144?

The notice covers 152,265 Class A common shares to be sold.

When were the shares acquired and what was the acquisition type?

The shares were acquired on 09/15/2025 as performance stock units and payment was for services.

What is the aggregate market value and planned sale date for the proposed sale?

The aggregate market value is reported as $1,184,149.68 with an approximate sale date of 09/16/2025.

Through which broker will the sale be executed and on which exchange?

The broker listed is Morgan Stanley Smith Barney LLC and the sale is proposed on NASDAQ.

How material is this sale relative to Pelotons outstanding Class A shares?

The filing shows 391,926,269 Class A shares outstanding; the proposed sale equals about 0.04% of that total.

Does the filer report other sales in the past three months?

The filing states Nothing to Report for securities sold during the past three months.