Peloton (NASDAQ: PTON) awards 916,231 RSUs to Chief Commercial Officer
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
RSUs granted: 916,231 units
Grant price per RSU: $0.00 per unit
Underlying shares: 916,231 shares
+2 more
5 metrics
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
Key Terms
Restricted Stock Unit ("RSU"), Class A Common Stock, vests, Chief Commercial Officer
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
"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.
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.