Peloton CEO vests 196K RSUs, 100K withheld for taxes

Peloton’s CEO had RSUs fully vest and convert into shares, with a portion of the stock withheld to cover exercise price or tax-related obligations.

Rhea-AI Filing Summary

Peloton Interactive, Inc. (PTON) reported that President and CEO Peter C. Stern had 196,328 Restricted Stock Units convert into an equal number of Class A Common Stock shares on September 15, 2026. Each RSU represented a contingent right to receive one share, and the award was scheduled to vest 100% on that date, subject to continued service.

In connection with this vesting and conversion, 100,226 Class A shares were delivered or withheld at $4.85 per share for payment of the exercise price or tax liability. Following the transaction, no RSUs from this award remained outstanding in the derivative holdings reported.

Insider Trade Summary

196,328 shares exercised/converted

Exercise 3 txns

Insider Stern Peter C

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit (RSU) F1, F2	196,328	$0.00	$0.00
Exercise	Class A Common Stock F1	196,328	--	--
Exercise Price or Tax Liability	Class A Common Stock	100,226	$4.85	$486K

Holdings After Transaction: Restricted Stock Unit (RSU) — 0 contracts (Direct); Class A Common Stock — 499,373 shares (Direct)

Footnotes (2)

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. The RSUs vest as to 100% of the total shares on September 15, 2026, subject to the Reporting Person's provision of service to the Issuer on the vesting date.

Key Figures

RSUs converted: 196,328 units Shares issued upon RSU conversion: 196,328 shares Shares withheld or delivered: 100,226 shares +3 more

6 metrics

RSUs converted 196,328 units Restricted Stock Units converted into Class A Common Stock on September 15, 2026

Shares issued upon RSU conversion 196,328 shares Class A Common Stock received from RSU conversion on September 15, 2026

Shares withheld or delivered 100,226 shares Shares delivered or withheld for payment of exercise price or tax liability

Withholding price $4.85 per share Price used for shares delivered or withheld for exercise price or tax liability

RSU vesting percentage on date 100% RSUs scheduled to vest in full on September 15, 2026, subject to continued service

Remaining RSUs from this award 0 units Derivative holdings from the reported RSU award after conversion

Key Terms

Restricted Stock Unit ("RSU"), Class A Common Stock, exercise price or tax liability

3 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.

exercise price or tax liability financial

"payment of exercise price or tax liability by delivering or withholding securities"

FAQ

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

What equity transaction did PTON’s CEO Peter C. Stern report on September 15, 2026?

Peter C. Stern reported the conversion of 196,328 Restricted Stock Units into 196,328 shares of Peloton Class A Common Stock on September 15, 2026, reflecting the vesting of this RSU award, which was scheduled to vest 100% on that date subject to continued service.

How many Peloton (PTON) shares were withheld or delivered for exercise price or taxes?

In connection with the RSU conversion, 100,226 shares of Peloton Class A Common Stock were delivered or withheld at $4.85 per share for payment of the exercise price or tax liability, as indicated by a transaction coded for that purpose.

What does each Peloton (PTON) RSU reported by the CEO represent?

Each Restricted Stock Unit reported by the CEO represents a contingent right to receive one share of Peloton’s Class A Common Stock. The award referenced in this filing was scheduled to vest as to 100% of the shares on September 15, 2026, subject to continued service.

Were the Peloton (PTON) CEO’s RSU transactions under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan for these transactions, as the document-level checkbox affirming that the reported trades were made under a Rule 10b5-1 plan was not checked.

Did the Peloton (PTON) CEO retain any RSUs from this specific award after the transaction?

No RSUs from this specific award remained. The filing shows 196,328 RSUs exercised or converted into an equal number of common shares, with zero derivative shares from that RSU position reported as remaining after the transaction.

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

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Available on EDGAR 09/17/2026 - 04:46 PM Accepted by SEC EDGAR 09/17/2026 - 04:45 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^*

Stern Peter 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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
Class A Common Stock	09/15/2026		M		196,328	A	(1)	599,599	D
Class A Common Stock	09/15/2026		F		100,226	D	$4.85	499,373	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)	09/15/2026		M			196,328	(2)	(2)	Class A Common Stock	196,328	$0	0	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 100% of the total shares on September 15, 2026, subject to the Reporting Person's provision of service to the Issuer on the vesting date.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Peter C. Stern	09/17/2026
	** 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)