Peloton (NASDAQ: PTON) CCO sells shares after RSU vesting events
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peloton Interactive Chief Commercial Officer Dion C. Sanders reported both stock sales and equity vesting activity. On February 17, 2026, he sold 88,242 shares of Class A Common Stock in an open-market transaction at a weighted average price of $4.1368 per share. According to the filing, this sale was made solely to cover his tax liability related to recently settled restricted stock units (RSUs).
On February 15, 2026, multiple RSU awards were exercised or settled, each RSU representing one share of Class A Common Stock at an exercise price of $0.00. After these transactions, Sanders directly held 146,844 shares of Peloton Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 88,242 shares ($365,040)
Net Sell
13 txns
Insider
Sanders Dion C.
Role
Chief Commercial Officer
Sold
88,242 shs ($365K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 88,242 | $4.1368 | $365K |
| Exercise | Restricted Stock Unit (RSU) | 5,990 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 17,151 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 54,946 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 12,584 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 40,000 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 104,415 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,990 | $0.00 | -- |
| Exercise | Class A Common Stock | 17,151 | $0.00 | -- |
| Exercise | Class A Common Stock | 54,946 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,584 | $0.00 | -- |
| Exercise | Class A Common Stock | 40,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 104,415 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 146,844 shares (Direct);
Restricted Stock Unit (RSU) — 0 shares (Direct)
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 $4.0950 to $4.2150 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 as to 6.25% of the total shares quarterly, commencing May 15, 2022, with 100% of the total shares vested on February 15, 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2023, with 100% of the total shares vested on February 15, 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date. 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. The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2022, 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. 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. 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.
FAQ
What insider transactions did Peloton (PTON) report for Dion C. Sanders?
Peloton reported that Chief Commercial Officer Dion C. Sanders sold 88,242 shares of Class A Common Stock and settled multiple restricted stock unit (RSU) awards. The RSU settlements converted into shares at a price of $0.00 per share as part of his equity compensation.
What RSU activity for Peloton (PTON) was disclosed for Dion C. Sanders?
The Form 4 shows multiple RSU exercises on February 15, 2026, each RSU converting into one share of Peloton Class A Common Stock at $0.00. Several RSU grants vest 6.25% or 12.5% quarterly, subject to continued service through scheduled vesting dates.
What vesting schedule applies to Dion C. Sanders’ Peloton (PTON) RSUs?
Several RSU grants vest 6.25% of total shares quarterly starting on dates such as May 15, 2022, May 15, 2023, and May 15, 2024, with 100% vesting by February 15, 2026, 2027, or 2028, contingent on continued service. Some grants vest 12.5% quarterly.