Peloton (NASDAQ: PTON) awards 916,231 RSUs to Chief Commercial Officer
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 916,231 | $0.00 | -- |
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
Key Terms
Restricted Stock Unit ("RSU") financial
Class A Common Stock financial
vests financial
Chief Commercial Officer financial
FAQ
What did Peloton (PTON) disclose about Dion C. Sanders in this Form 4?
How many RSUs were granted to Peloton (PTON) executive Dion C. Sanders?
What is the vesting schedule for Dion C. Sanders’ RSUs at Peloton (PTON)?
Does Dion C. Sanders pay anything for the RSUs reported by Peloton (PTON)?
How many RSUs does Dion C. Sanders hold after this Peloton (PTON) Form 4 transaction?
What type of security was granted to Peloton (PTON) executive Dion C. Sanders?