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.
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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.
How many Peloton shares did the COO sell and at what price?
On January 16, 2026, the COO sold 22,520 shares of Peloton Class A common stock at a weighted average price of $6.4676 per share, with individual trades ranging from $6.4550 to $6.4944.
Why did Peloton COO Charles Peter Kirol sell shares according to the Form 4?
The filing states that the sale of shares was solely to cover the reporting person’s tax liability arising from the settlement of his RSUs.
How many Peloton shares and RSUs does the COO hold after these transactions?
Following the reported transactions, Charles Peter Kirol beneficially owned 81,001 shares of Peloton Class A common stock and 508,590 Restricted Stock Units (RSUs), all held directly.
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.