Nick V. Caldwell - Feb 15, 2025 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Chief Product Officer
Signature: /s/ Tammy Albarran as attorney-in-fact for Nick V. Caldwell
Stock symbol: PTON
Transactions as of: Feb 15, 2025
Transactions value $: -$497,762
Form type: 4
Date filed: 2/19/2025, 08:12 PM
Previous filing: Dec 17, 2024
Next filing: Mar 18, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise		+119K	+33.26%		478K	Feb 15, 2025	Direct	F1
transaction	PTON	Class A Common Stock	Tax liability	-$498K	-50.9K	-10.65%	$9.77	427K	Feb 15, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-119K	-14.29%	$0.00	716K	Feb 15, 2025	Class A Common Stock	119K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on February 15, 2025.
F3	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.