Peloton (NASDAQ: PTON) interim CFO sells 5,000 shares under 10b5-1 plan

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

Insider transactions analyst

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

Net Seller: 5,000 shares ($28,300)

Net Sell 1 txn

Insider Baig Saqib

Role Interim CFO, CAO

Sold 5,000 shs ($28K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	5,000	$5.66	$28K

Holdings After Transaction: Class A Common Stock — 234,046.47 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 5,000 shares Sale price: $5.66 per share Approximate sale value: $28,300 +2 more

5 metrics

Shares sold 5,000 shares Open-market sale on June 9, 2026

Sale price $5.66 per share Class A Common Stock transaction

Approximate sale value $28,300 5,000 shares at $5.66

Shares held after sale 234,046.47 shares Direct holdings following transaction

Trading plan adoption date September 2, 2025 Rule 10b5-1 plan referenced in footnote

Key Terms

Rule 10b5-1 trading plan, open-market sale, Class A Common Stock

3 terms

Rule 10b5-1 trading plan regulatory

"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."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action is described as an open-market sale of Class A Common Stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"The reported transaction involved Class A Common Stock of Peloton Interactive, Inc."

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).

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^*

Baig Saqib

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CFO, CAO

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		S(1)		5,000	D	$5.66	234,046.47	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 September 2, 2025.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Saqib Baig	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 did Peloton (PTON) interim CFO Saqib Baig sell in this Form 4 filing?

Interim CFO Saqib Baig sold 5,000 shares of Peloton Class A Common Stock. The shares were sold in an open-market transaction at $5.66 per share, as disclosed in the Form 4 insider trading report.

What was the approximate value of Saqib Baig’s Peloton (PTON) share sale?

The sale was worth about $28,300, based on 5,000 shares at $5.66 each. This represents a relatively small transaction compared with his remaining direct holdings reported in the Form 4.

How many Peloton (PTON) shares does interim CFO Saqib Baig still hold after the sale?

After selling 5,000 shares, Saqib Baig directly holds 234,046.47 Peloton Class A shares. This indicates he retained the vast majority of his reported position following the disclosed open-market transaction.

Was Saqib Baig’s Peloton (PTON) share sale made under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on September 2, 2025. Such plans pre-schedule trades, reducing the significance of timing as an information signal.

What type of transaction is reported in Saqib Baig’s Peloton (PTON) Form 4?

The Form 4 reports an open-market sale of Peloton Class A Common Stock. It is coded as an “S” transaction, described as a sale in an open market or private transaction, not an option exercise or tax-withholding event.