Peloton (NASDAQ: PTON) director acquires 9,023 shares via RSU conversion

Rhea-AI Filing Summary

Peloton Interactive director Karen Boone exercised restricted stock units into common shares. On June 9, 2026, 9,023 Restricted Stock Units converted into 9,023 shares of Class A Common Stock at a stated price of $0.00 per share.

After the transaction, she directly holds 261,063 shares of Class A Common Stock and 18,045 RSUs. The RSUs vest in 25% quarterly installments on March 9, 2026, June 9, 2026, September 9, 2026 and the earlier of December 9, 2026 or the 2026 annual stockholders meeting, subject to continued service.

Insider Trade Summary

9,023 shares exercised/converted

Mixed 2 txns

Insider Boone Karen

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit (RSU)	9,023	$0.00	--
Exercise	Class A Common Stock	9,023	$0.00	--

Holdings After Transaction: Restricted Stock Unit (RSU) — 18,045 shares (Direct, null); Class A Common Stock — 261,063 shares (Direct, null)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest as to 25% of the total shares quarterly on each of March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of (i) December 9, 2026 and (ii) the 2026 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Key Figures

RSUs exercised: 9,023 shares Shares held after transaction: 261,063 shares RSUs remaining: 18,045 units +2 more

5 metrics

RSUs exercised 9,023 shares Restricted Stock Units converted to Class A Common Stock on June 9, 2026

Shares held after transaction 261,063 shares Total Class A Common Stock directly owned after June 9, 2026

RSUs remaining 18,045 units Restricted Stock Units outstanding following the reported conversion

RSU conversion price $0.00 per share Stated transaction price per share for RSU conversion

Vesting installments 4 installments of 25% Quarterly vesting on March 9, June 9, September 9, and earlier of December 9, 2026 or annual meeting

Key Terms

Restricted Stock Unit ("RSU"), contingent right, vest, Class A Common Stock

4 terms

Restricted Stock Unit ("RSU") financial

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

contingent right financial

"represents a contingent right to receive one share of the Issuer's Class A Common Stock."

vest financial

"The RSUs vest as to 25% of the total shares quarterly on each of March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of (i) December 9, 2026 and (ii) the 2026 annual meeting of stockholders"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Class A Common Stock financial

"one share of the Issuer's Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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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).

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^*

Boone Karen

(Last) (First) (Middle)

C/O PELOTON INTERACTIVE, INC.

441 NINTH AVENUE, SIXTH FLOOR

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

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

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

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

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	06/09/2026		M		9,023	A	(1)	261,063	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)	06/09/2026		M			9,023	(2)	(2)	Class A Common Stock	9,023	$0	18,045	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 9, 2026, June 9, 2026, September 9, 2026, and the earlier of (i) December 9, 2026 and (ii) the 2026 annual meeting of stockholders, 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 Karen Boone	06/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Peloton (PTON) director Karen Boone report?

Karen Boone reported exercising 9,023 Restricted Stock Units into 9,023 shares of Peloton Class A Common Stock. This increased her direct share ownership while reducing her outstanding RSU balance as part of her equity compensation.

How many Peloton shares does Karen Boone hold after this Form 4?

Following the reported transactions, Karen Boone directly holds 261,063 shares of Peloton Class A Common Stock. This reflects the addition of 9,023 newly delivered shares from RSU conversion disclosed in the filing.

How many Peloton RSUs does Karen Boone have remaining after the June 9, 2026 transaction?

After the June 9, 2026 RSU conversion, Karen Boone holds 18,045 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Peloton’s Class A Common Stock, subject to vesting conditions.

What is the vesting schedule for Karen Boone’s Peloton RSUs?

The RSUs vest 25% on each of March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of December 9, 2026 or the 2026 annual meeting. Vesting requires Boone’s continued service with Peloton on each vesting date.

Did Karen Boone sell any Peloton shares in this Form 4 filing?

No sales are reported in this Form 4. The transactions reflect the exercise or conversion of 9,023 Restricted Stock Units into Peloton Class A Common Stock, with no open-market sale or disposition disclosed.

What does each Peloton RSU reported for Karen Boone represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Peloton Class A Common Stock. Delivery of the shares occurs as the RSUs vest according to the specified quarterly vesting schedule and service conditions.