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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) F1, F2, F3 | 273,623 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Acquired upon the satisfaction of performance criteria underlying an award of performance stock units granted to the Reporting Person on September 14, 2025.
- 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.
Key Figures
Key Terms
Restricted Stock Unit ("RSU") financial
contingent right financial
performance stock units financial
vest financial
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?
How do the new RSUs for PTON’s Chief Commercial Officer vest?
Are the Peloton (PTON) RSUs performance-based for Dion C. Sanders?
Does Peloton receive any cash from this Form 4 RSU transaction?
Were the PTON RSU transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.