Peloton (PTON) director Tara Comonte acquires 8,459 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PELOTON INTERACTIVE, INC. director Tara Comonte reported equity compensation activity involving 8,459 shares. An RSU award covering 8,459 underlying shares of Class A Common Stock was exercised, and 8,459 shares of Class A Common Stock were acquired at a price of $0.00 per share as a grant/award. Following these transactions, Comonte directly holds 52,666 shares of Class A Common Stock. Each RSU represents a right to receive one share, with the award scheduled to vest in four 25% installments on March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of December 9, 2026 or the 2026 annual meeting of stockholders, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,459 shares exercised/converted
Mixed
2 txns
Insider
Comonte Tara
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 8,459 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 8,459 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 25,376 shares (Direct);
Class A Common Stock — 52,666 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. 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.
FAQ
What insider transaction did Peloton (PTON) director Tara Comonte report?
Tara Comonte reported acquiring 8,459 shares of Peloton Class A Common Stock through equity compensation. The shares came from an 8,459-unit RSU award exercised at $0.00 per share, reflecting routine vesting rather than an open-market purchase or sale.
What does each Peloton (PTON) RSU reported by Tara Comonte represent?
Each RSU reported represents a contingent right to receive one share of Peloton Class A Common Stock. When the RSUs vest, they convert into an equal number of shares, as shown by 8,459 RSUs resulting in 8,459 Class A Common Stock shares at a price of $0.00.
What is the vesting schedule for Tara Comonte’s Peloton (PTON) RSU award?
The RSUs vest in four 25% installments on March 9, 2026, June 9, 2026, September 9, 2026, and the earlier of December 9, 2026 or the 2026 annual meeting of stockholders. Vesting is conditioned on Comonte continuing to provide service on each vesting date.
Is this Peloton (PTON) Form 4 transaction a tax withholding or gift event?
No. The transaction codes are M for derivative exercise/conversion and A for grant or award acquisition. The summary data show no tax withholding (F code) or gifts (G code), indicating this is standard RSU vesting and share issuance activity.