Peter C. Stern - 01 Jan 2026 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: President and CEO, Director
Signature: /s/ Tammy Albarran as attorney-in-fact for Peter C. Stern
Issuer symbol: PTON
Transactions as of: 01 Jan 2026
Net transactions value: -$750,896
Form type: 4
Filing time: 05 Jan 2026, 16:10:52 UTC
Previous filing: 18 Nov 2025
Next filing: 18 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Stern Peter C	President and CEO, Director	C/O PELOTON INTERACTIVE, INC., 441 NINTH AVENUE, SIXTH FLOOR, NEW YORK	/s/ Tammy Albarran as attorney-in-fact for Peter C. Stern	05 Jan 2026	0001431302

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise		+282,486	+178%		440,964	01 Jan 2026	Direct	F1
transaction	PTON	Class A Common Stock	Sale	$750,896	-124,405	-28%	$6.04	316,559	02 Jan 2026	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	-282,486	-25%	$0.000000	847,458	01 Jan 2026	Class A Common Stock	282,486		Direct	F1, F4

* 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 $6.0000 to $6.0900 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 RSUs vest as to 1/4th of the total number of shares on each annual anniversary of January 1, 2025, subject to the Reporting Person's provision of service to the Issuer on each vesting date.