Peloton CCO logs RSU vesting and tax share sale
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Form Type
4
Rhea-AI Filing Summary
Peloton Interactive, Inc. Chief Content Officer Jennifer Cunningham Cotter reported multiple Restricted Stock Unit (RSU) vesting and conversions into Class A Common Stock on February 15, 2026, with each RSU representing a right to receive one share of Class A stock.
She also completed an open-market sale of 125,432 Class A shares on February 17, 2026 at a weighted average price of $4.1454 per share, with the sale made solely to cover tax liabilities from RSU settlement. Following this sale, she directly held 254,766 Class A shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Cotter Jennifer Cunningham
Role
Chief Content Officer
Sold
125,432 shs ($520K)
Approx. gross sale proceeds
$520K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 125,432 | $4.1454 | $520K |
| Exercise | Restricted Stock Unit (RSU) | 9,216 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 14,816 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 61,814 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 29,751 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 45,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 119,332 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 9,216 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 14,816 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 61,814 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 29,751 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 45,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 119,332 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 1,121,935 contracts (Direct);
Class A Common Stock — 254,766 shares (Direct)
Footnotes (9)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.0950 to $4.2100 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2022, with 100% of the total shares vested on February 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
- F5. The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2023, with 100% of the total shares vested on February 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
- F6. The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2024, with 100% of the total shares vested on February 15, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.
- F7. The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2022, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
- F8. The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2023, with 100% of the total shares vested on August 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
- F9. The RSUs vest as to 12.50% of the total shares quarterly, commencing November 15, 2024, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Peloton (PTON) report for Jennifer Cunningham Cotter?
Peloton reported RSU vesting and related share issuances plus an open-market sale by Chief Content Officer Jennifer Cunningham Cotter. Multiple RSU awards converted into Class A shares on February 15, 2026, followed by a tax-related sale of 125,432 shares on February 17, 2026.
What are the RSUs mentioned in the Peloton (PTON) Form 4 filing?
Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Peloton’s Class A Common Stock. Various RSU grants vest quarterly at 6.25% or 12.50% from specified start dates, with full vesting between February 15, 2026 and February 15, 2028.
How do the RSU vesting schedules work for Peloton (PTON) CCO’s awards?
The RSU grants generally vest at 6.25% of total shares each quarter, starting on different dates, with some vesting at 12.50% quarterly. Full vesting occurs between August 15, 2026 and February 15, 2028, contingent on continued service with Peloton on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
