Peloton Interactive (PTON) COO exercises RSUs, shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peloton Interactive Chief Operating Officer Charles Peter Kirol reported routine equity compensation activity involving Restricted Stock Units (RSUs). On May 15, 2026, RSUs covering 17,224 shares of Class A Common Stock converted into shares, and 6,210 shares were withheld at $5.29 per share to cover tax liabilities. Following these transactions, he directly held 138,666 shares of Class A Common Stock. Each RSU represents a right to receive one share, and the underlying RSU grant is scheduled to vest 6.25% on November 15, 2025 and 6.25% quarterly thereafter until fully vested on August 15, 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,224 shares exercised/converted
Mixed
3 txns
Insider
Kirol Charles Peter
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 17,224 | $0.00 | -- |
| Exercise | Class A Common Stock | 17,224 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 6,210 | $5.29 | $33K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 223,918 shares (Direct, null);
Class A Common Stock — 138,666 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on May 15, 2026. The RSUs vest as to 6.25% of the total shares on November 15, 2025, 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
RSUs converted: 17,224 shares
Shares withheld for taxes: 6,210 shares at $5.29
Post-transaction holdings: 138,666 shares
+2 more
5 metrics
RSUs converted
17,224 shares
RSUs converting to Class A Common Stock on May 15, 2026
Shares withheld for taxes
6,210 shares at $5.29
Withheld to cover tax liability on RSU settlement
Post-transaction holdings
138,666 shares
Class A Common Stock directly held after transactions
RSU vesting start
6.25% on November 15, 2025
Initial vesting tranche of RSU grant
Full RSU vesting date
August 15, 2029
100% of RSU grant vested by this date
Key Terms
Restricted Stock Unit ("RSU"), tax liability, Class A Common Stock, vesting
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
tax liability financial
"Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's 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.
vesting financial
"The RSUs vest as to 6.25% of the total shares on November 15, 2025, then 6.25% of the total shares vest quarterly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Peloton (PTON) COO Charles Peter Kirol report in this Form 4?
Charles Peter Kirol reported RSU-based equity compensation activity. 17,224 Restricted Stock Units converted into Class A Common Stock, with 6,210 shares withheld at $5.29 per share to satisfy tax obligations, leaving him with 138,666 directly held shares after the transactions.
How many Peloton (PTON) RSUs vested and converted on May 15, 2026?
RSUs covering 17,224 shares vested and converted into Class A Common Stock on May 15, 2026. Each Restricted Stock Unit represents a contingent right to receive one share of Peloton’s Class A Common Stock upon vesting and settlement, as described in the filing’s footnotes.
What is the vesting schedule for the Peloton (PTON) COO’s RSUs?
The RSUs vest 6.25% of the total shares on November 15, 2025, then 6.25% quarterly, reaching 100% vesting on August 15, 2029. Vesting is conditioned on Charles Peter Kirol’s continued service to Peloton on each specified vesting date.