Dion C. Sanders - 15 Feb 2026 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Chief Commercial Officer
Signature: /s/ Tammy Albarran as attorney-in-fact for Dion C. Sanders
Issuer symbol: PTON
Transactions as of: 15 Feb 2026
Net transactions value: -$365,040
Form type: 4
Filing time: 18 Feb 2026, 19:28:37 UTC
Previous filing: 21 Nov 2025
Next filing: 24 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Sanders Dion C.	Chief Commercial Officer	C/O PELOTON INTERACTIVE, INC., 441 NINTH AVENUE, SIXTH FLOOR, NEW YORK	/s/ Tammy Albarran as attorney-in-fact for Dion C. Sanders	18 Feb 2026	0001680798

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise		+5,990			5,990	15 Feb 2026	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+17,151	+286%		23,141	15 Feb 2026	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+54,946	+237%		78,087	15 Feb 2026	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+12,584	+16%		90,671	15 Feb 2026	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+40,000	+44%		130,671	15 Feb 2026	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+104,415	+80%		235,086	15 Feb 2026	Direct	F1
transaction	PTON	Class A Common Stock	Sale	$365,040	-88,242	-38%	$4.14	146,844	17 Feb 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	-5,990	-100%	$0.000000	0	15 Feb 2026	Class A Common Stock	5,990		Direct	F1, F4
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-17,151	-20%	$0.000000	68,603	15 Feb 2026	Class A Common Stock	17,151		Direct	F1, F5
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-54,946	-11%	$0.000000	439,560	15 Feb 2026	Class A Common Stock	54,946		Direct	F1, F6
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-12,584	-33%	$0.000000	25,168	15 Feb 2026	Class A Common Stock	12,584		Direct	F1, F7
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-40,000	-14%	$0.000000	240,000	15 Feb 2026	Class A Common Stock	40,000		Direct	F1, F8
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-104,415	-33%	$0.000000	208,831	15 Feb 2026	Class A Common Stock	104,415		Direct	F1, F9

* 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 $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.
F4	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.
F5	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.
F6	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.
F7	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.
F8	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.
F9	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.