Peloton CEO has 59K RSUs settle into shares
PELOTON INTERACTIVE, INC.
Rhea-AI Filing Summary
PELOTON INTERACTIVE, INC. (PTON) reported that President and CEO Peter C. Stern had RSUs settle into 59,714 shares of Class A Common Stock on August 15, 2026, increasing his directly held common shares. In connection with this RSU vesting, 30,484 shares of Class A Common Stock were withheld on August 17, 2026 at $5.63 per share to cover his associated tax liability. Following the RSU transaction, he held 716,561 RSUs directly, which vest 6.25% on November 15, 2025 and 6.25% quarterly thereafter, with all RSUs fully vested by August 15, 2029, subject to continued service.
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Insights
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Insider Trade Summary
59,714 shares exercised/converted
Exercise
3 txns
Insider
Stern Peter C
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F2 | 30,484 | $5.63 | $172K |
| Exercise | Restricted Stock Unit (RSU) F1, F3 | 59,714 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 59,714 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 716,561 contracts (Direct);
Class A Common Stock — 403,271 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on August 15, 2026.
- F3. The RSUs vest as to 6.25% of the total shares on November 15, 2025, then 6.25% of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Key Figures
RSUs settled into common stock: 59,714 shares
Shares withheld for taxes: 30,484 shares
Tax withholding price: $5.63 per share
+3 more
6 metrics
RSUs settled into common stock
59,714 shares
RSUs converting into Peloton Class A Common Stock on August 15, 2026
Shares withheld for taxes
30,484 shares
Class A Common Stock withheld on August 17, 2026 to cover tax liability
Tax withholding price
$5.63 per share
Price used for shares withheld to satisfy tax liability
RSUs held after transaction
716,561 RSUs
Directly held RSUs following the August 15, 2026 settlement
Initial vesting tranche
6.25%
Portion of RSUs vesting on November 15, 2025
Full vesting date
August 15, 2029
Date by which 100% of the RSUs will have vested, subject to service
Key Terms
Restricted Stock Unit ("RSU"), tax liability, 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"
tax liability financial
"Shares withheld to cover the Reporting Person's tax liability with respect"
vest financial
"The RSUs vest as to 6.25% of the total shares on November 15, 2025"
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.
FAQ
What insider equity transactions did PTON CEO Peter C. Stern report on this Form 4?
Peter C. Stern reported RSUs settling into 59,714 shares of Peloton Class A Common Stock on August 15, 2026 and a separate withholding of 30,484 shares on August 17, 2026 to cover his tax liability related to that vesting.
How many Peloton (PTON) RSUs did Peter C. Stern have after the reported transactions?
After the August 15, 2026 RSU settlement, Peter C. Stern held 716,561 Restricted Stock Units (RSUs) directly. These RSUs continue to represent a right to receive Peloton Class A Common Stock as they vest over the stated schedule.
What RSU vesting schedule for PTON’s CEO is described in this Form 4?
The RSUs vest as to 6.25% of the total shares on November 15, 2025, then 6.25% vests quarterly thereafter, with 100% of the RSUs vested by August 15, 2029, contingent on continued service with Peloton.
Did Peter C. Stern make any open-market purchases or sales of PTON stock in this Form 4?
The reported transactions involve RSU settlement into common shares and share withholding to pay tax liability. The Form 4 does not describe any open-market purchases or sales of Peloton stock by Peter C. Stern.
AI-generated analysis. How Rhea-AI works. Not financial advice.