Peloton interim CFO sells 5,000 shares
Peloton Interactive interim CFO Saqib Baig reported an open-market sale of 5,000 shares of Class A Common Stock on June 9, 2026 at $5.66 per share, totaling about $28,300.
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Rhea-AI Filing Summary
Peloton Interactive interim CFO Saqib Baig reported an open-market sale of 5,000 shares of Class A Common Stock on June 9, 2026 at $5.66 per share, totaling about $28,300. After the sale, he directly holds 234,046.47 shares. The transaction was carried out under a Rule 10b5-1 trading plan adopted on September 2, 2025.
Insights
Modest, pre-planned insider sale with substantial holdings retained.
Interim CFO Saqib Baig sold 5,000 Peloton Class A shares at $5.66 each, for roughly $28,300. Following the transaction, he still directly owns 234,046.47 shares, indicating that only a small fraction of his position was sold.
The sale was executed under a Rule 10b5-1 trading plan adopted on September 2, 2025, suggesting it was pre-scheduled rather than opportunistic. With no derivative exercises reported and significant shares remaining, this looks like a routine liquidity event rather than a thesis-changing signal.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,000 | $5.66 | $28K |
Footnotes (1)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 2, 2025.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Class A Common Stock financial
FAQ
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What did Peloton (PTON) interim CFO Saqib Baig sell in this Form 4 filing?
What type of transaction is reported in Saqib Baig’s Peloton (PTON) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.