Peloton (NASDAQ: PTON) director gains 9,023 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peloton Interactive director Angel L. Mendez acquired 9,023 shares of Class A common stock through the vesting and exercise of restricted stock units on March 9, 2026. After this transaction, he directly owns 124,589 common shares. Each RSU converts into one share, with remaining RSUs scheduled to vest in quarterly installments through late 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,023 shares exercised/converted
Mixed
2 txns
Insider
MENDEZ ANGEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 9,023 | $0.00 | -- |
| Exercise | Class A Common Stock | 9,023 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 27,068 shares (Direct);
Class A Common Stock — 124,589 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 25% of the total shares quarterly on each of March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of (i) December 9, 2026 and (ii) the 2026 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
FAQ
What did Peloton (PTON) director Angel L. Mendez report in this Form 4?
Angel L. Mendez reported acquiring shares through restricted stock unit vesting. On March 9, 2026, 9,023 RSUs converted into Class A common stock, increasing his direct holdings as part of his equity compensation.
Was this Peloton (PTON) Form 4 a stock sale by Angel L. Mendez?
No, this Form 4 does not report any stock sales. It shows an acquisition of 9,023 shares via the exercise and vesting of restricted stock units, which is a compensation-related equity grant rather than an open-market purchase or sale.
What are the key terms of Angel L. Mendez’s RSUs at Peloton (PTON)?
Each restricted stock unit represents a right to receive one Peloton Class A share. The RSUs vest in 25% quarterly installments on March 9, June 9, September 9, and the earlier of December 9, 2026 or the 2026 annual meeting, subject to continued service.
How many restricted stock units vested for Angel L. Mendez at Peloton (PTON)?
On March 9, 2026, 9,023 restricted stock units vested and converted into an equal number of Peloton Class A common shares. This vesting event is part of a scheduled quarterly vesting pattern tied to his ongoing service.