Peloton (PTON) director converts 8,459 RSUs into Class A shares, now holds 126,317

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.

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

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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^*

Thomas-Graham Pamela

(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)
03/09/2026

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	03/09/2026		M		8,459	A	(1)	126,317	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)	03/09/2026		M			8,459	(2)	(2)	Class A Common Stock	8,459	$0	25,376	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 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.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Pamela Thomas-Graham	03/11/2026
	** 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).
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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.

How many Peloton (PTON) shares does Pamela Thomas-Graham hold after this transaction?

After the RSU conversion, Pamela Thomas-Graham directly holds 126,317 shares of Peloton Class A Common Stock. This updated holding reflects the addition of 8,459 shares received from the vesting and exercise of restricted stock units reported in the March 9, 2026 Form 4 filing.

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.