Peloton (NASDAQ: PTON) officer Baig sells shares via 10b5-1 plan trade
Rhea-AI Filing Summary
Peloton Interactive, Inc. (PTON) disclosed that its Chief Accounting Officer, Saqib Baig, sold shares of the company’s Class A Common Stock in two open-market transactions. On January 9, 2026, he sold 5,000 shares at a price of $6.95 per share. On January 13, 2026, he sold an additional 10,000 shares at a weighted average price of $6.868 per share.
The filing states that these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on September 2, 2025, which is designed to allow insiders to sell stock according to a preset schedule. After these transactions, Baig directly beneficially owned 170,665.47 shares of Peloton Class A Common Stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $6.868 | $69K |
| Sale | Class A Common Stock | 5,000 | $6.95 | $35K |
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 2, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.6000 to $7.0000 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.
FAQ
Who is the insider involved in this Peloton (PTON) Form 4 filing?
The insider is Saqib Baig, who serves as Chief Accounting Officer of Peloton Interactive, Inc. according to the filing.
Were the Peloton (PTON) stock sales by Saqib Baig under a Rule 10b5-1 plan?
Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Saqib Baig on September 2, 2025.
What does the weighted average price mean in this Peloton (PTON) Form 4?
The filing explains that the $6.868 reported price is a weighted average, as the January 13, 2026 sale involved multiple trades at prices between $6.6000 and $7.0000 per share.