Peloton (PTON) director Chris Bruzzo converts 9,023 RSUs, now holding 259,214 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peloton Interactive director Chris Bruzzo exercised restricted stock units that converted into 9,023 shares of Class A Common Stock. This was a derivative exercise, not an open‑market purchase or sale. After the transaction, he directly owned 259,214 Class A shares and 18,045 RSUs.
The RSU award vests in four equal 25% installments on March 9, 2026, June 9, 2026, September 9, 2026 and the earlier of December 9, 2026 or the 2026 annual stockholder meeting, subject to continued service. No shares were reported as sold or withheld for taxes in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,023 shares exercised/converted
Mixed
2 txns
Insider
Bruzzo Chris
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 — 259,214 shares (Direct, null)
Footnotes (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 into shares: 9,023 shares
Shares held after transaction: 259,214 shares
RSUs remaining after transaction: 18,045 RSUs
+2 more
5 metrics
RSUs exercised into shares
9,023 shares
Class A Common Stock delivered from RSUs on June 9, 2026
Shares held after transaction
259,214 shares
Direct Class A Common Stock ownership following RSU conversion
RSUs remaining after transaction
18,045 RSUs
Outstanding restricted stock units following reported exercise
RSU vesting schedule
4 quarterly 25% tranches
Vesting on Mar 9, Jun 9, Sep 9 and Dec 9/2026 meeting
Transaction price per share
$0.00 per share
Stated price for the RSU-to-share conversion
Key Terms
Restricted Stock Unit ("RSU"), Class A Common Stock, vest, contingent right
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive 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.
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"
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.
contingent right financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
FAQ
What did Peloton (PTON) director Chris Bruzzo report in this Form 4?
Chris Bruzzo reported the exercise of RSUs into 9,023 shares of Peloton Class A Common Stock. The transaction reflects a derivative conversion, not an open-market trade, and increased his directly held share count disclosed in the filing.
What type of security was involved in Chris Bruzzo’s Peloton Form 4?
The Form 4 involves Restricted Stock Units (RSUs) that convert into Peloton Class A Common Stock. Each RSU represents a contingent right to receive one share, which delivers stock upon vesting rather than through open-market buying.
What is the vesting schedule for Chris Bruzzo’s Peloton RSUs?
The RSUs vest in four 25% installments on March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of December 9, 2026 or the 2026 annual meeting, provided Bruzzo continues to serve Peloton through each vesting date.
How many Peloton RSUs does Chris Bruzzo have after this Form 4?
Following the reported RSU conversion, Chris Bruzzo has 18,045 Restricted Stock Units outstanding. These RSUs are scheduled to vest in quarterly installments during 2026, contingent on his continued service with Peloton.