Peloton (PTON) director converts 8,459 RSUs into Class A shares, now holds 126,317
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peloton Interactive director Pamela Thomas-Graham exercised restricted stock units into common shares as part of her equity compensation. On March 9, 2026, 8,459 RSUs converted into 8,459 shares of Class A Common Stock at a conversion price of $0.00 per share. Following the transaction, she directly holds 126,317 Class A shares. Each RSU represents a right to receive one share, and the award vests in four equal quarterly installments beginning March 9, 2026, then June 9, 2026, September 9, 2026, and the earlier of December 9, 2026 or the 2026 annual meeting of stockholders, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,459 shares exercised/converted
Mixed
2 txns
Insider
Thomas-Graham Pamela
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 8,459 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,459 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 25,376 shares (Direct);
Class A Common Stock — 126,317 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 Pamela Thomas-Graham report in this Form 4?
Pamela Thomas-Graham reported the exercise of 8,459 restricted stock units into 8,459 shares of Peloton Class A Common Stock. This is a compensation-related derivative conversion, not an open-market stock purchase or sale, and reflects standard equity vesting for a company director.
What is the size of the RSU award exercised by the Peloton (PTON) director?
The director exercised 8,459 restricted stock units, each representing a right to receive one Peloton Class A share. These RSUs converted into 8,459 common shares at a stated price of $0.00 per share, consistent with standard equity compensation grants rather than market transactions.
How do the Peloton (PTON) RSUs reported by Pamela Thomas-Graham vest over time?
The RSUs vest in four installments: 25% on March 9, 2026, 25% on June 9, 2026, 25% on September 9, 2026, and the remaining 25% on the earlier of December 9, 2026 or the 2026 annual shareholder meeting, provided the director continues to serve Peloton.
Is Pamela Thomas-Graham’s Peloton (PTON) Form 4 a stock sale or purchase?
The Form 4 reflects an RSU exercise, not an open-market purchase or sale. It shows a derivative conversion where 8,459 RSUs became 8,459 Peloton Class A shares at $0.00, representing normal equity compensation vesting for a director rather than discretionary trading activity.