Saqib Baig - May 15, 2025 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Accounting Officer
Signature
/s/ Tammy Albarran as attorney-in-fact for Saqib Baig
Stock symbol
PTON
Transactions as of
May 15, 2025
Transactions value $
-$147,934
Form type
4
Date filed
5/19/2025, 04:45 PM
Previous filing
Feb 19, 2025
Next filing
May 22, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Baig Saqib Chief Accounting Officer C/O PELOTON INTERACTIVE, INC., 441 NINTH AVENUE, SIXTH FLOOR, NEW YORK /s/ Tammy Albarran as attorney-in-fact for Saqib Baig 2025-05-19 0001954584

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +20K +15.36% 150K May 15, 2025 Direct F1
transaction PTON Class A Common Stock Options Exercise +7.5K +5% 158K May 15, 2025 Direct F1
transaction PTON Class A Common Stock Options Exercise +10.3K +6.54% 168K May 15, 2025 Direct F1
transaction PTON Class A Common Stock Options Exercise +24.8K +14.76% 193K May 15, 2025 Direct F1
transaction PTON Class A Common Stock Sale -$148K -23.5K -12.21% $6.29 169K May 16, 2025 Direct F2, F3

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 -20K -14.29% $0.00 120K May 15, 2025 Class A Common Stock 20K Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -7.5K -10% $0.00 67.5K May 15, 2025 Class A Common Stock 7.5K Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -10.3K -8.33% $0.00 113K May 15, 2025 Class A Common Stock 10.3K Direct F1, F6
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -24.8K -16.67% $0.00 124K May 15, 2025 Class A Common Stock 24.8K Direct F1, F7
* 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 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 $6.2200 to $6.3500 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 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.
F6 The RSUs vest as to 6.25% 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.
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.