Peloton (PTON) CCO sells 146,844 shares under Rule 10b5-1 plan

Rhea-AI Filing Summary

Peloton Interactive chief commercial officer Dion C. Sanders sold 146,844 shares of Class A Common Stock in an open-market transaction. The sale occurred on February 20, 2026 at a weighted average price of $4.4124 per share, within a range of $4.31 to $4.52.

The transaction was effected under a Rule 10b5-1 trading plan adopted by Sanders on December 2, 2025. Following this sale, he reported holding 0 shares of Peloton Class A Common Stock directly.

Insider Trade Summary

Net Seller: 146,844 shares ($647,934)

Net Sell 1 txn

Insider Sanders Dion C.

Role Chief Commercial Officer

Sold 146,844 shs ($648K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	146,844	$4.4124	$648K

Holdings After Transaction: Class A Common Stock — 0 shares (Direct)

Footnotes (1)

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.3100 to $4.5200 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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

X

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^*

Sanders Dion C.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		S(1)		146,844	D	$4.4124(2)	0	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

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2025.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.3100 to $4.5200 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Dion C. Sanders	02/24/2026
	** 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 insider transaction did Peloton (PTON) report for Dion C. Sanders?

Peloton reported that chief commercial officer Dion C. Sanders sold 146,844 shares of Class A Common Stock. The open-market transaction occurred on February 20, 2026 at a weighted average price of $4.4124 per share, according to the Form 4 filing.

At what price did Dion C. Sanders sell Peloton (PTON) shares?

Dion C. Sanders sold Peloton Class A Common Stock at a weighted average price of $4.4124 per share. The Form 4 notes multiple trades within a price range from $4.31 to $4.52 per share, all executed on February 20, 2026.

How many Peloton (PTON) shares does Dion C. Sanders hold after this Form 4 sale?

After the reported sale, Dion C. Sanders reported direct ownership of 0 shares of Peloton Class A Common Stock. The Form 4 shows that the 146,844 shares sold on February 20, 2026 reduced his directly held balance to zero.

Was Dion C. Sanders’ Peloton (PTON) share sale under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan. That plan was adopted by Dion C. Sanders on December 2, 2025, and governed the execution of the February 20, 2026 transactions reported.

What role does Dion C. Sanders hold at Peloton (PTON) in this Form 4?

In the Form 4, Dion C. Sanders is identified as Peloton Interactive’s chief commercial officer. The filing reports his open-market sale of 146,844 shares of Class A Common Stock and indicates that, after the transaction, he directly owned no Peloton Class A shares.