STOCK TITAN

Peloton awards 273,623 restricted stock units to CCO

Peloton’s Chief Commercial Officer received 273,623 performance-based RSUs that vest through August 15, 2029, contingent on continued service.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PELOTON INTERACTIVE, INC. (PTON) reported that Chief Commercial Officer Dion C. Sanders received an award of 273,623 Restricted Stock Units (RSUs) on September 7, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock, giving him 273,623 RSUs directly held after this award.

The RSUs were acquired upon satisfaction of performance criteria under a prior performance stock unit grant dated September 14, 2025. The award vests as to 31.25% of the shares on November 15, 2026, with an additional 6.25% vesting quarterly thereafter until August 15, 2029, subject to continued service.

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Insider Sanders Dion C.
Role Chief Commercial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Unit (RSU) F1, F2, F3 273,623 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit (RSU) — 273,623 contracts (Direct)
Footnotes (3)
  1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  2. F2. Acquired upon the satisfaction of performance criteria underlying an award of performance stock units granted to the Reporting Person on September 14, 2025.
  3. F3. The RSUs vest as to 31.25% of the total shares on November 15, 2026, then 6.25% of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
RSUs granted 273,623 units Grant to Chief Commercial Officer on September 7, 2026
RSUs held after transaction 273,623 units Directly owned following the reported RSU acquisition
Initial vesting tranche 31.25% of RSUs Vests on November 15, 2026, subject to continued service
Subsequent quarterly vesting 6.25% of RSUs per quarter From after November 15, 2026 until 100% vesting
Full vesting date August 15, 2029 Date by which 100% of RSUs are scheduled to vest
RSU price per unit $0.00 Equity compensation grant, not a market purchase
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A Common Stock"
performance stock units financial
"underlying an award of performance stock units granted to the Reporting Person"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
vest financial
"The RSUs vest as to 31.25% of the total shares on November 15, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did PTON grant to Chief Commercial Officer Dion C. Sanders?

Peloton granted 273,623 Restricted Stock Units (RSUs) to Chief Commercial Officer Dion C. Sanders on September 7, 2026, each representing a contingent right to receive one share of Class A Common Stock, all held directly after the award.

How do the new RSUs for PTON’s Chief Commercial Officer vest?

The RSUs vest 31.25% on November 15, 2026, then 6.25% of the total shares vest quarterly thereafter, with 100% vested on August 15, 2029, subject to Dion C. Sanders continuing to provide service on each vesting date.

Are the Peloton (PTON) RSUs performance-based for Dion C. Sanders?

Yes. The 273,623 RSUs were acquired upon satisfaction of performance criteria underlying a performance stock unit award originally granted to Dion C. Sanders on September 14, 2025.

Does Peloton receive any cash from this Form 4 RSU transaction?

No cash amount is involved. The Form 4 reports a grant of RSUs at $0.00 per unit, representing equity-based compensation rather than a purchase or sale of Class A Common Stock.

Were the PTON RSU transactions under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan applies to this RSU acquisition by Chief Commercial Officer Dion C. Sanders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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).
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*
Sanders Dion C.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit (RSU)(1)09/07/2026A(2)273,623 (3) (3)Class A Common Stock273,623$0273,623D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. Acquired upon the satisfaction of performance criteria underlying an award of performance stock units granted to the Reporting Person on September 14, 2025.
3. The RSUs vest as to 31.25% of the total shares on November 15, 2026, then 6.25% of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Remarks:
/s/ Tammy Albarran as attorney-in-fact for Dion C. Sanders09/09/2026
** Signature of Reporting PersonDate
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)

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