[Form 4] Peloton Interactive, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Tara Comonte, a director of Peloton Interactive, Inc. (PTON), received 6,349 Restricted Stock Units (RSUs) on 09/03/2025, recorded on Form 4. After the reported grant the filing shows the Reporting Person beneficially owns 19,047 shares of Class A common stock. The RSUs are contingent rights to receive one share each and carry an effective price of $0. The RSUs vest in four equal tranches: 25% on each of March 3, 2025, June 3, 2025 and September 3, 2025, with the final 25% vesting on the earlier of December 3, 2025 or the 2025 annual stockholders meeting, subject to continued service. The Form 4 is signed by Tammy Albarran as attorney-in-fact on 09/05/2025.

Positive

• Director received equity compensation, aligning interests with shareholders through RSUs
• Clear vesting schedule with specific dates and a defined final-vesting condition
• Beneficial ownership disclosed transparently: 19,047 Class A shares following the grant

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director equity grant aligns executive incentives with shareholders and follows a time-based vesting schedule.

The Form 4 discloses a standard time-based RSU grant to a director, totaling 6,349 units and increasing reported beneficial ownership to 19,047 Class A shares. The vesting schedule is explicit and tied to continued service with the final tranche subject to the earlier of a date or the annual meeting, which is typical for equity-based retention and alignment. No additional beneficial ownership structures or unusual transfer mechanics are indicated in the filing.

Securities Analyst

TL;DR: Non-cash RSU award recorded; transaction is administrative and unlikely to be market-moving on its own.

The filing records the issuance of 6,349 RSUs on 09/03/2025 with a $0 unit price and a clear vesting timetable. The RSUs convert one-for-one into Class A common shares upon vesting. The increase to 19,047 shares of reported beneficial ownership is a straightforward disclosure required under Section 16. The filing does not report sales, option exercises, or derivative disposals, and contains no financial performance metrics.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Comonte Tara

(Last) (First) (Middle)

C/O PELOTON INTERACTIVE, INC.

441 NINTH AVENUE, SIXTH FLOOR

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PELOTON INTERACTIVE, INC. [ PTON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/03/2025		M		6,349	A	(1)	19,047	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSU)	(1)	09/03/2025		M			6,349	(2)	(2)	Class A Common Stock	6,349	$0	6,349	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. The RSUs vest as to 25% of the total shares quarterly on each of March 3, 2025, June 3, 2025 and September 3, 2025, with the final 25% vesting on the earlier of (i) December 3, 2025 and (ii) the 2025 annual stockholders meeting, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Tara Comonte	09/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Tara Comonte report on the Form 4 for Peloton (PTON)?

The Form 4 reports a grant of 6,349 RSUs on 09/03/2025, increasing her beneficial ownership to 19,047 Class A shares.

When do the RSUs reported by Tara Comonte vest?

The RSUs vest in four equal tranches: 25% on March 3, 2025, 25% on June 3, 2025, 25% on September 3, 2025, and the final 25% on the earlier of December 3, 2025 or the 2025 annual stockholders meeting, subject to service.

What is the conversion ratio and price for the RSUs in the PTON Form 4?

Each RSU represents the contingent right to receive one share of Class A common stock and the filing shows an effective RSU price of $0.

Who signed the Form 4 on behalf of Tara Comonte and when?

The Form 4 is signed by Tammy Albarran as attorney-in-fact for Tara Comonte on 09/05/2025.

Does the Form 4 report any sales or dispositions of Peloton (PTON) shares by the reporting person?

No. The filing reports an RSU grant (acquisition) and shows the resulting beneficial ownership; it does not report any sales or dispositions.