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Peloton (NASDAQ: PTON) awards 916,231 RSUs to Chief Commercial Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sanders Dion C. reported acquisition or exercise transactions in this Form 4 filing.

Peloton Interactive reported that Chief Commercial Officer Dion C. Sanders received a grant of 916,231 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Peloton’s Class A Common Stock, providing equity-based compensation rather than a cash payment.

The RSUs vest over time: 1/12 of the total grant vests on November 15, 2026, with an additional 1/12 vesting quarterly thereafter, as long as Sanders continues providing service to the company on each vesting date. Following this grant, he is reported as holding 916,231 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Sanders Dion C.
Role Chief Commercial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Unit (RSU) 916,231 $0.00 --
Holdings After Transaction: Restricted Stock Unit (RSU) — 916,231 shares (Direct)
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 1/12th of the total number of shares on November 15, 2026, and 1/12th of the total grant vests quarterly thereafter, in each case subject to the Reporting Person's provision of service to the Issuer on each such vesting date.
RSUs granted 916,231 units Grant of Restricted Stock Units to Chief Commercial Officer
Grant price per RSU $0.00 per unit Equity award, no cash paid by executive
Underlying shares 916,231 shares Each RSU equals one share of Class A Common Stock
Post-grant RSU holdings 916,231 RSUs Total RSUs held directly after the transaction
Initial vesting date November 15, 2026 1/12 of RSUs vest on this date
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"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.
vests financial
"The RSUs vest as to 1/12th of the total number of shares on November 15, 2026"
Chief Commercial Officer financial
"officer_title": "Chief Commercial Officer""
A chief commercial officer (CCO) is the senior executive responsible for a company’s revenue-generating activities, including sales, marketing, pricing, customer relationships and business development. Think of the CCO as the head coach who builds the game plan to win customers and grow sales; their effectiveness affects how fast a company earns money, enters new markets and sustains profits, making the role a key signal for investors about future revenue and competitive strength.
SEC Form 4
FORM 4UNITED 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*
Sanders Dion C.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit (RSU)(1)04/01/2026A916,231 (2) (2)Class A Common Stock916,231$0916,231D
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 1/12th of the total number of shares on November 15, 2026, and 1/12th of the total grant vests quarterly thereafter, in each case subject to the Reporting Person's provision of service to the Issuer on each such vesting date.
Remarks:
/s/ Tammy Albarran as attorney-in-fact for Dion C. Sanders04/03/2026
** Signature of Reporting PersonDate
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) disclose about Dion C. Sanders in this Form 4?

Peloton disclosed that Chief Commercial Officer Dion C. Sanders received a grant of 916,231 Restricted Stock Units. These RSUs give him the right to receive an equal number of Class A Common shares over time, subject to a multi-year vesting schedule tied to continued service.

How many RSUs were granted to Peloton (PTON) executive Dion C. Sanders?

Dion C. Sanders was granted 916,231 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Peloton’s Class A Common Stock, meaning the award could translate into 916,231 shares as the units vest over the specified schedule.

What is the vesting schedule for Dion C. Sanders’ RSUs at Peloton (PTON)?

The RSUs vest as to 1/12 of the total on November 15, 2026. Another 1/12 of the grant then vests quarterly thereafter, with each vesting date requiring that Sanders continue providing service to Peloton, creating a long-term retention incentive.

Does Dion C. Sanders pay anything for the RSUs reported by Peloton (PTON)?

The RSUs were granted at a reported price of $0.00 per unit, meaning Sanders does not pay cash to receive the units. Instead, the award is part of his equity-based compensation and may convert into shares as vesting conditions are met.

How many RSUs does Dion C. Sanders hold after this Peloton (PTON) Form 4 transaction?

After the reported grant, the filing shows Sanders directly holding 916,231 RSUs. This figure reflects the total number of units from the award, which are scheduled to vest in installments starting November 15, 2026, assuming continued service with Peloton.

What type of security was granted to Peloton (PTON) executive Dion C. Sanders?

He received a grant of Restricted Stock Units (RSUs) tied to Peloton’s Class A Common Stock. Each RSU represents a contingent right to receive one share in the future, rather than an immediate share purchase or sale in the open market.
Peloton Interactive, Inc.

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