Peloton (NASDAQ: PTON) COO nets RSU vesting and sells shares
Rhea-AI Filing Summary
Peloton Interactive Chief Operating Officer Charles Peter Kirol reported routine equity compensation activity. On January 15, 2026, 56,510 Restricted Stock Units (RSUs) vested and were settled into the same number of shares of Peloton Class A common stock at an exercise price of $0. Each RSU represents the right to receive one share of Class A common stock.
On January 16, 2026, Kirol sold 22,520 shares of Class A common stock at a weighted average price of $6.4676 per share. The filing states the sale was made solely to cover his tax liability related to the RSU settlement, and the price reflects multiple trades between $6.4550 and $6.4944 per share. After these transactions, he beneficially owned 81,001 shares of Class A common stock and 508,590 RSUs directly. The RSUs vest quarterly in 1/12 increments beginning July 15, 2025, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 22,520 | $6.4676 | $146K |
| Exercise | Restricted Stock Unit (RSU) | 56,510 | $0.00 | -- |
| Exercise | Class A Common Stock | 56,510 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.4550 to $6.4944 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. The RSUs vest quarterly in equal 1/12 installments, commencing July 15, 2025, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
FAQ
What insider transaction did Peloton (PTON) report for Charles Peter Kirol?
Peloton reported that Chief Operating Officer Charles Peter Kirol had 56,510 RSUs vest into Class A common shares on January 15, 2026, and then sold 22,520 of those shares on January 16, 2026 to cover related tax obligations.
What are the terms of the Peloton RSUs held by the COO?
The RSUs reported in the filing each represent a right to receive one share of Class A common stock and vest quarterly in equal 1/12 installments, starting on July 15, 2025, subject to his continued service with Peloton on each vesting date.
What is the significance of the zero exercise price on the Peloton RSUs?
The Form 4 shows an exercise price of $0 for the RSUs, meaning 56,510 RSUs were converted into the same number of shares without cash payment by the COO on January 15, 2026.