Peloton (NASDAQ: PTON) interim CFO sells 5,973 shares under 10b5-1 plan

Rhea-AI Filing Summary

Peloton Interactive interim CFO and CAO Saqib Baig reported an open-market sale of 5,973 shares of Class A common stock on May 20, 2026 at a weighted average price of $5.1869 per share. The trades occurred between $5.13 and $5.23 per share and were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 2, 2025. Following this transaction, Baig directly holds 244,046.47 shares of Peloton Class A common stock.

Insider Trade Summary 10b5-1

Net Seller: 5,973 shares ($30,981)

Net Sell 1 txn

Insider Baig Saqib

Role Interim CFO, CAO

Sold 5,973 shs ($31K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	5,973	$5.1869	$31K

Holdings After Transaction: Class A Common Stock — 244,046.47 shares (Direct, null)

Footnotes (1)

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 $5.1300 to $5.2300 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: 5,973 shares Weighted average sale price: $5.1869 per share Sale price range: $5.13–$5.23 per share +3 more

6 metrics

Shares sold 5,973 shares Class A Common Stock sold on May 20, 2026

Weighted average sale price $5.1869 per share Open-market sale on May 20, 2026

Sale price range $5.13–$5.23 per share Multiple transactions within this range on May 20, 2026

Shares held after transaction 244,046.47 shares Direct ownership following May 20, 2026 sale

Trading plan adoption date September 2, 2025 Rule 10b5-1 plan governing the reported sales

Transaction code S Sale in open market or private transaction

Key Terms

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

4 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"

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. These shares were sold in multiple transactions"

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.

open-market sale financial

"transaction_action": "open-market sale","transaction_code_description": "Sale in open market or private transaction""

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","transaction_date":"

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)
05/20/2026

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	05/20/2026		S(1)		5,973	D	$5.1869(2)	244,046.47	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.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.1300 to $5.2300 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.

Remarks:

	/s/ Tammy Albarran as attorney-in-fact for Saqib Baig	05/21/2026
	** 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 insider transaction did Peloton (PTON) report for Saqib Baig?

Peloton reported that interim CFO and CAO Saqib Baig sold 5,973 shares of Class A common stock. The open-market sale occurred on May 20, 2026 at a weighted average price of $5.1869 per share, under a pre-arranged Rule 10b5-1 trading plan.

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

Saqib Baig sold 5,973 Peloton Class A shares at a weighted average price of $5.1869. According to the filing, individual trades were executed in multiple transactions at prices ranging from $5.13 to $5.23 per share, all on May 20, 2026.

How many Peloton (PTON) shares does Saqib Baig hold after this Form 4 sale?

After selling 5,973 shares, Saqib Baig directly holds 244,046.47 shares of Peloton Class A common stock. This post-transaction holding reflects his remaining direct ownership reported in the Form 4 following the May 20, 2026 open-market sale.

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

Yes. The filing states Baig’s sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025. Such plans pre-schedule trades, meaning the timing of these May 20, 2026 sales was set in advance rather than decided spontaneously.

What type of transaction was reported in Peloton’s latest Form 4 for PTON?

The Form 4 reports an open-market sale of Peloton Class A common stock by interim CFO and CAO Saqib Baig. It records one non-derivative transaction: 5,973 shares sold on May 20, 2026, with pricing between $5.13 and $5.23 per share.