Peloton (NASDAQ: PTON) interim CFO sells shares under 10b5-1 plan

Rhea-AI Filing Summary

PELOTON INTERACTIVE, INC. interim CFO and CAO Saqib Baig executed an open-market sale of 15,000 shares of Class A Common Stock at $5.50 per share on 2026-04-27. Following this transaction, he directly holds 199,059.47 shares. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on 2025-09-02.

Insider Trade Summary 10b5-1

Net Seller: 15,000 shares ($82,500)

Net Sell 1 txn

Insider Baig Saqib

Role Interim CFO, CAO

Sold 15,000 shs ($83K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	15,000	$5.50	$83K

Holdings After Transaction: Class A Common Stock — 199,059.47 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 15,000 shares Sale price: $5.50 per share Shares held after transaction: 199,059.47 shares +1 more

4 metrics

Shares sold 15,000 shares Open-market sale on 2026-04-27

Sale price $5.50 per share Class A Common Stock transaction

Shares held after transaction 199,059.47 shares Direct ownership following sale

Net share change 15,000 shares sold Net-sell direction in transaction summary

Key Terms

Rule 10b5-1 trading plan, open-market sale, Class A Common Stock

3 terms

Rule 10b5-1 trading plan regulatory

"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."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title: 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.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Baig Saqib

(Last) (First) (Middle)

C/O PELOTON INTERACTIVE, INC.

441 NINTH AVENUE, SIXTH FLOOR

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PELOTON INTERACTIVE, INC. [ PTON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CFO, CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/27/2026		S(1)		15,000	D	$5.5	199,059.47	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

Explanation of Responses:

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.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Saqib Baig	04/29/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Peloton (PTON) interim CFO Saqib Baig report in this Form 4?

Peloton interim CFO Saqib Baig reported an open-market sale of 15,000 shares of Class A Common Stock at $5.50 per share. After this transaction, he directly holds 199,059.47 shares, according to the Form 4 insider filing.

At what price did Peloton (PTON) interim CFO Saqib Baig sell his shares?

Saqib Baig sold 15,000 shares of Peloton Class A Common Stock at $5.50 per share. This was an open-market transaction, meaning the shares were sold on the market rather than through a private arrangement, as reflected in the Form 4.

How many Peloton (PTON) shares does Saqib Baig hold after the reported sale?

After the reported sale, Saqib Baig directly holds 199,059.47 shares of Peloton Class A Common Stock. This post-transaction holding amount is disclosed in the Form 4 and reflects his remaining direct ownership position.

Was Peloton (PTON) interim CFO Saqib Baig’s share sale under a Rule 10b5-1 plan?

Yes. The Form 4 footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by Saqib Baig on September 2, 2025. Such plans pre-schedule trades to help separate routine diversification from discretionary timing.

What type of transaction did Peloton (PTON) interim CFO Saqib Baig execute?

The Form 4 classifies the transaction as an open-market sale of non-derivative Class A Common Stock, coded as “S.” This indicates a straightforward sale of existing shares rather than an option exercise, conversion, gift, or tax-withholding event.