Peloton CAO sells 36K shares at $5.36 average
PELOTON INTERACTIVE, INC.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
PELOTON INTERACTIVE, INC. (PTON) reported insider equity activity by Chief Accounting Officer Saqib Baig. On August 15, 2026, multiple Restricted Stock Units (RSUs) vested and were converted into an aggregate of 80,034 shares of Class A Common Stock at no exercise cost, reflecting compensation-related equity settlement across several vesting schedules. On August 17, 2026, Baig sold 36,439 shares of Class A Common Stock at a weighted average price of $5.3634 per share, with the filing stating the sale was made solely to cover tax liabilities arising from the RSU settlements.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
Baig Saqib
Role
Chief Accounting Officer
Sold
36,439 shs ($195K)
Approx. gross sale proceeds
$195K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3 | 36,439 | $5.3634 | $195K |
| Exercise | Restricted Stock Unit (RSU) F1, F4 | 19,973 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F5 | 10,303 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F6 | 7,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F7 | 24,761 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F8 | 17,497 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 19,973 | -- | -- |
| Exercise | Class A Common Stock F1 | 10,303 | -- | -- |
| Exercise | Class A Common Stock F1 | 7,500 | -- | -- |
| Exercise | Class A Common Stock F1 | 24,761 | -- | -- |
| Exercise | Class A Common Stock F1 | 17,497 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 251,769 contracts (Direct);
Class A Common Stock — 272,641.47 shares (Direct)
Footnotes (8)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.3600 to $5.3750 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.
- F4. The RSU vests as to 25% of the total shares on November 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on November 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
- F5. The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2024, with 100% of the total shares vested on February 15, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.
- F6. The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2023, with 100% of the total shares vested on August 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
- F7. The RSUs vest as to 12.50% of the total shares quarterly, commencing November 15, 2024, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
- F8. The RSUs vest as to 1/12 of the total shares on November 15, 2025, then 1/12 of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2028, subject to the Reporting Person's provision of service to the issuer on each vesting date.
Key Figures
Shares sold: 36,439 shares
Weighted average sale price: $5.3634 per share
RSUs converted: 80,034 RSUs/shares
+2 more
5 metrics
Shares sold
36,439 shares
Class A Common Stock sale on August 17, 2026
Weighted average sale price
$5.3634 per share
Sale of 36,439 shares; trades ranged from $5.3600 to $5.3750
RSUs converted
80,034 RSUs/shares
RSUs converted into Class A Common Stock on August 15, 2026
RSU grant vesting start
November 15, 2023
One RSU award vests 25% on this date, then quarterly to November 15, 2026
RSU vesting end (award example)
February 15, 2028
One RSU award vests 6.25% quarterly to 100% by this date
Key Terms
Restricted Stock Unit ("RSU"), weighted average price, contingent right, vests
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A"
vests financial
"The RSU vests as to 25% of the total shares on November 15, 2023"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PTON’s Chief Accounting Officer report in this Form 4?
The Chief Accounting Officer reported RSU vesting into 80,034 shares of Class A Common Stock on August 15, 2026, followed by a sale of 36,439 shares on August 17, 2026, described as solely to cover related tax liabilities.
How many Peloton (PTON) RSUs vested or were converted in this reporting period?
Across several RSU awards, a total of 80,034 RSUs converted into an equal number of Class A Common Stock shares on August 15, 2026, all at an effective exercise price of $0.00 per share as part of equity compensation.
Were Peloton (PTON) insider trades made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (set to false), and the footnotes do not state that these transactions occurred pursuant to a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
