Peloton grants 339,749 RSUs to CAO Saqib Baig

Peloton’s chief accounting officer received multiple RSU grants totaling 339,749 units with vesting schedules extending through 2029, all subject to continued service.

Rhea-AI Filing Summary

PELOTON INTERACTIVE, INC. (symbol: PTON) is the issuer of record for a Form 4 filing submitted to the SEC. Baig Saqib reported acquisition or exercise transactions in this Form 4 filing.

PELOTON INTERACTIVE, INC. (PTON) reported that Chief Accounting Officer Saqib Baig received 339,749 Restricted Stock Units (RSUs) on September 7, 2026, each representing one share of Class A Common Stock. The awards include a 72,967 RSU grant tied to performance criteria from a September 14, 2025 performance stock unit award, vesting between November 15, 2026 and August 15, 2028, plus additional RSU grants of 180,723 and 86,059 RSUs with service-based vesting schedules running through August 15, 2029 and November 15, 2029, respectively, subject to continued service.

Insider Trade Summary

Grant/Award: 339,749 shares

Grant/Award 3 txns

Insider Baig Saqib

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit (RSU) F1, F2, F3	72,967	$0.00	$0.00
Grant/Award	Restricted Stock Unit (RSU) F1, F4	180,723	$0.00	$0.00
Grant/Award	Restricted Stock Unit (RSU) F1, F5	86,059	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit (RSU) — 339,749 contracts (Direct)

Footnotes (5)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. F2. Acquired upon the satisfaction of performance criteria underlying an award of performance stock units granted to the Reporting Person on September 14, 2025.
3. F3. The RSUs vest as to 41.67% of the total shares on November 15, 2026, then 8.33% of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
4. F4. The RSUs vest as to 8.33% of the total shares on November 15, 2026, then 8.33% 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.
5. F5. The RSUs vest as to 50% of the total shares on November 15, 2028, and 50% of the total shares on November 15, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Key Figures

Total RSUs granted: 339,749 RSUs Performance-based RSUs: 72,967 RSUs Service-based RSUs (Grant 1): 180,723 RSUs +3 more

6 metrics

Total RSUs granted 339,749 RSUs Aggregate of three RSU grants to Chief Accounting Officer on September 7, 2026

Performance-based RSUs 72,967 RSUs Acquired upon satisfaction of performance criteria from September 14, 2025 performance stock unit award

Service-based RSUs (Grant 1) 180,723 RSUs Vest 8.33% on November 15, 2026 and quarterly thereafter to August 15, 2029

Service-based RSUs (Grant 2) 86,059 RSUs Vest 50% on November 15, 2028 and 50% on November 15, 2029

Initial cliff vesting percentage 41.67% Portion of 72,967 RSUs vesting on November 15, 2026

Quarterly vesting percentage 8.33% Ongoing quarterly vesting for 72,967 and 180,723 RSU grants

Key Terms

Restricted Stock Unit (RSU), performance stock units, Class A Common Stock, vesting

4 terms

Restricted Stock Unit (RSU) financial

"Each Restricted Stock Unit ("RSU") represents a contingent right"

A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.

performance stock units financial

"underlying an award of performance stock units granted"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

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.

vesting financial

"The RSUs vest as to 41.67% of the total shares"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did PTON grant to Chief Accounting Officer Saqib Baig?

PTON granted 339,749 RSUs to Chief Accounting Officer Saqib Baig on September 7, 2026, in three grants of 72,967, 180,723, and 86,059 RSUs. Each RSU represents a right to receive one share of Class A Common Stock, subject to vesting conditions.

How many Peloton (PTON) RSUs were tied to performance criteria?

A grant of 72,967 RSUs was acquired upon satisfaction of performance criteria underlying performance stock units granted on September 14, 2025. These RSUs convert into Class A Common Stock as they vest, assuming continued service on each vesting date.

What are the vesting terms for Saqib Baig’s 72,967 PTON RSUs?

For the 72,967 RSUs, 41.67% vests on November 15, 2026, then 8.33% vests quarterly, with 100% vested by August 15, 2028, subject to Saqib Baig’s continued service with Peloton on each vesting date.

What is the vesting schedule for the 180,723 PTON RSUs?

For the 180,723 RSUs, 8.33% vests on November 15, 2026, then 8.33% vests quarterly thereafter, reaching 100% vesting on August 15, 2029, subject to continued service with the company on each vesting date.

When do the 86,059 Peloton (PTON) RSUs vest for the chief accounting officer?

The 86,059 RSUs vest 50% on November 15, 2028 and 50% on November 15, 2029, provided the chief accounting officer continues to provide service to Peloton on each vesting date.

Were Saqib Baig’s PTON RSU grants made under a Rule 10b5-1 plan?

No. The Form 4 indicates that no Rule 10b5-1 plan is reported for these RSU grants to Chief Accounting Officer Saqib Baig.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/09/2026 - 05:20 PM Accepted by SEC EDGAR 09/09/2026 - 05:20 PM Learn about SEC filing dates

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^*

Baig Saqib

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSU)	(1)	09/07/2026		A(2)		72,967		(3)	(3)	Class A Common Stock	72,967	$0	72,967	D
Restricted Stock Unit (RSU)	(1)	09/07/2026		A		180,723(4)		(4)	(4)	Class A Common Stock	180,723	$0	180,723	D
Restricted Stock Unit (RSU)	(1)	09/07/2026		A		86,059(5)		(5)	(5)	Class A Common Stock	86,059	$0	86,059	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. Acquired upon the satisfaction of performance criteria underlying an award of performance stock units granted to the Reporting Person on September 14, 2025.

3. The RSUs vest as to 41.67% of the total shares on November 15, 2026, then 8.33% of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

4. The RSUs vest as to 8.33% of the total shares on November 15, 2026, then 8.33% 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.

5. The RSUs vest as to 50% of the total shares on November 15, 2028, and 50% of the total shares on November 15, 2029, 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 Saqib Baig	09/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)