STOCK TITAN

PTON Form 4: Director Mendez RSU Vesting Adds 6,765 Shares to Holdings

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

Rhea-AI Filing Summary

Angel L. Mendez, a director of Peloton Interactive, Inc. (PTON), reported vested restricted stock units that converted into Class A common stock on 09/03/2025. The filing shows two transactions coded "M" reflecting vesting: 6,349 RSUs and 416 RSUs, each representing a contingent right to one share, with an underlying conversion price of $0. After these transactions the reporting person beneficially owned 108,802 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on 09/05/2025.

Positive

  • Increased direct ownership: The reporting person’s beneficial holdings rose to 108,802 Class A shares following vesting.
  • Compensation clarity: RSUs converted at $0, indicating these shares were granted as compensation and not purchased.
  • Proper disclosure: Form 4 includes relationship, transaction dates, vesting explanation, and a dated signature by attorney-in-fact.

Negative

  • None.

Insights

TL;DR: Routine executive compensation vesting increased director's share count; no cash purchase or sales reported.

The Form 4 documents that previously granted RSUs vested on 09/03/2025, converting to 6,765 shares in total (6,349 and 416). The transactions are coded "M," indicating they resulted from a vesting or similar event rather than market trades. The underlying price is $0, confirming these were compensation-based issuances. The incremental shares raise the director's direct ownership to 108,802 Class A shares, a useful but non-material detail for valuation absent additional context.

TL;DR: Disclosure follows standard Section 16 reporting for vested equity awards; timing and signature are in order.

The filing provides clear identification of the reporting person, relationship to the issuer as a director, vesting schedule disclosure in the explanation, and a dated attorney-in-fact signature. The report cites the RSU vesting schedule and shows the standard conversion mechanics. No sales, purchases for consideration, or unusual arrangements are disclosed, indicating ordinary compensation administration.

Insider MENDEZ ANGEL L
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit (RSU) 6,349 $0.00 --
Exercise Restricted Stock Unit (RSU) 416 $0.00 --
Exercise Class A Common Stock 6,349 $0.00 --
Exercise Class A Common Stock 416 $0.00 --
Holdings After Transaction: Restricted Stock Unit (RSU) — 6,349 shares (Direct); Class A Common Stock — 108,386 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 25% of the total shares quarterly on each of March 3, 2025, June 3, 2025 and September 3, 2025, with the final 25% vesting on the earlier of (i) December 3, 2025 and (ii) the 2025 annual stockholders meeting, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
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).
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*
MENDEZ ANGEL L

(Last) (First) (Middle)
C/O PELOTON INTERACTIVE, INC.
441 NINTH AVENUE, SIXTH FLOOR

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PELOTON INTERACTIVE, INC. [ PTON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/03/2025 M 6,349 A (1) 108,386 D
Class A Common Stock 09/03/2025 M 416 A (1) 108,802 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
Restricted Stock Unit (RSU) (1) 09/03/2025 M 6,349 (2) (2) Class A Common Stock 6,349 $0 6,349 D
Restricted Stock Unit (RSU) (1) 09/03/2025 M 416 (2) (2) Class A Common Stock 416 $0 415 D
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 25% of the total shares quarterly on each of March 3, 2025, June 3, 2025 and September 3, 2025, with the final 25% vesting on the earlier of (i) December 3, 2025 and (ii) the 2025 annual stockholders meeting, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Remarks:
/s/ Tammy Albarran as attorney-in-fact for Angel L. Mendez 09/05/2025
** 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.

FAQ

What transactions did Angel L. Mendez report for PTON on 09/03/2025?

The Form 4 reports vesting events (transaction code M) converting 6,349 RSUs and 416 RSUs into Class A common stock on 09/03/2025.

How many Peloton (PTON) shares does the reporting person own after the reported transactions?

After the reported vesting transactions the reporting person beneficially owned 108,802 shares of Class A common stock.

Was consideration paid for the RSUs reported in the PTON Form 4?

No cash consideration is reported; the RSUs converted at an indicated price of $0, reflecting compensation issuance.

Who signed the Form 4 filing for Angel L. Mendez and when?

The Form 4 was signed by Tammy Albarran as attorney-in-fact for Angel L. Mendez on 09/05/2025.

What is the nature and vesting schedule of the RSUs disclosed in the PTON Form 4?

Each RSU equals a contingent right to one share; the explanation states vesting occurred quarterly: March 3, June 3, September 3, 2025 and the final 25% on the earlier of December 3, 2025 or the 2025 annual meeting, subject to service.