Peloton director exercises 9,023 RSUs for shares
Peloton Interactive director Angel L. Mendez reported a compensation-related equity transaction.
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Rhea-AI Filing Summary
Peloton Interactive director Angel L. Mendez reported a compensation-related equity transaction. He exercised Restricted Stock Units to acquire 9,023 shares of Class A Common Stock at $0.00 per share, bringing his direct holdings to 133,612 shares.
The underlying RSU award now totals 18,045 units, each representing a right to one future Class A share. According to the filing, the RSUs vest in four equal 25% installments on March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of December 9, 2026 or the 2026 annual shareholder meeting, subject to his continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 9,023 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 9,023 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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.
Key Figures
Key Terms
Restricted Stock Unit ("RSU") financial
Class A Common Stock financial
contingent right financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Peloton (PTON) director Angel L. Mendez report in this Form 4?
What are the key details of the RSUs reported by Peloton director Angel L. Mendez?
When do Angel L. Mendez’s Peloton RSUs vest according to the filing?
How many RSUs remain outstanding for Angel L. Mendez after this Peloton transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.