Peloton Interactive (PTON) CAO unloads 4,912 shares in preset trade
Rhea-AI Filing Summary
PELOTON INTERACTIVE, INC. (PTON) reported that Chief Accounting Officer Saqib Baig sold 4,912 shares of Class A Common Stock on August 19, 2026. The sale was executed at a weighted average price of $5.452 per share, with individual trades between $5.42 and $5.47 per share. After this transaction, Baig directly held 267,729.47 shares. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025.
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Insider Trade Summary 10b5-1
Net Seller: 4,912 shares
Net Sell
1 txn
Insider
Baig Saqib
Role
Chief Accounting Officer
Sold
4,912 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 4,912 | $5.452 | $27K |
Holdings After Transaction:
Class A Common Stock — 267,729.47 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.4200 to $5.4700 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.
Key Figures
Shares sold: 4,912 shares
Weighted average sale price: $5.452 per share
Sale price range: $5.4200–$5.4700 per share
+2 more
5 metrics
Shares sold
4,912 shares
Sale of Class A Common Stock on August 19, 2026
Weighted average sale price
$5.452 per share
Average price for shares sold on August 19, 2026
Sale price range
$5.4200–$5.4700 per share
Range of individual transaction prices on August 19, 2026
Shares held after transaction
267,729.47 shares
Directly owned by Saqib Baig after the sale
Rule 10b5-1 plan adoption date
September 2, 2025
Date Baig adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, 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"
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
FAQ
What insider transaction did PTON disclose for Saqib Baig?
Peloton Interactive disclosed that Chief Accounting Officer Saqib Baig sold 4,912 shares of Class A Common Stock on August 19, 2026 at a weighted average price of $5.452 per share, leaving him with 267,729.47 shares held directly afterward.
Was Saqib Baig's PTON stock sale under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Saqib Baig on September 2, 2025. Such plans allow pre-arranged trading according to predetermined instructions.
What type of security did Saqib Baig trade in this PTON Form 4?
Saqib Baig traded Class A Common Stock of Peloton Interactive, Inc. The transaction involved a sale of 4,912 shares in open market or private transactions, as indicated by transaction code “S.”
AI-generated analysis. How Rhea-AI works. Not financial advice.