Peloton CPO vests RSUs, covers taxes with shares
Peloton Interactive Chief Product Officer Nick V. Caldwell reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Peloton Interactive Chief Product Officer Nick V. Caldwell reported routine equity compensation activity. On May 15, 2026, 119,331 Restricted Stock Units vested and converted into Class A Common Stock. Of these, 64,192 shares, valued at $5.29 per share, were withheld to cover tax obligations rather than sold on the open market. Following these transactions, Caldwell directly holds 936,095 shares of Peloton Class A Common Stock.
Insider Trade Summary
119,331 shares exercised/converted
Exercise
3 txns
Insider
Caldwell Nick V.
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 119,331 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 119,331 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 64,192 | $5.29 | $340K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 119,332 contracts (Direct);
Class A Common Stock — 936,095 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on May 15, 2026.
- F3. 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.
Key Figures
RSUs vested: 119,331 shares
Shares withheld for taxes: 64,192 shares
Withholding price: $5.29 per share
+2 more
5 metrics
RSUs vested
119,331 shares
Restricted Stock Units converting to Class A Common Stock on May 15, 2026
Shares withheld for taxes
64,192 shares
Withheld to cover tax liability from RSU settlement
Withholding price
$5.29 per share
Value applied to shares withheld for tax obligations
Shares held after transactions
936,095 shares
Direct holdings of Peloton Class A Common Stock after Form 4 events
RSU vesting cadence
12.5% quarterly
From November 15, 2024 to full vesting on August 15, 2026
Key Terms
Restricted Stock Unit ("RSU"), Class A Common Stock, tax liability, derivative security, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share..."
Class A Common Stock financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax liability financial
"Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs..."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The RSUs vest as to 12.50% of the total shares quarterly, commencing November 15, 2024..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Peloton (PTON) Chief Product Officer Nick Caldwell report?
Nick Caldwell reported RSU vesting and related tax withholding. 119,331 Restricted Stock Units vested into Class A shares, and 64,192 shares were withheld to cover tax obligations, a common non-market mechanism for paying taxes on equity awards.
How many Peloton (PTON) RSUs vested for Nick Caldwell in this Form 4?
A total of 119,331 Restricted Stock Units vested and converted into Class A Common Stock. Each RSU represents a right to receive one share, reflecting ongoing equity compensation tied to Caldwell’s service with Peloton over the defined vesting schedule.
How do Nick Caldwell’s Peloton (PTON) RSUs vest over time?
The RSUs vest 12.5% of the total shares each quarter, starting November 15, 2024, with full vesting on August 15, 2026. Vesting is conditioned on Caldwell continuing to provide service to Peloton on each scheduled vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
