Jennifer Cunningham Cotter - 15 Nov 2025 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Chief Content Officer
Signature: /s/ Tammy Albarran as attorney-in-fact for Jennifer Cotter
Issuer symbol: PTON
Transactions as of: 15 Nov 2025
Net transactions value: -$1,072,080
Form type: 4
Filing time: 18 Nov 2025, 17:04:38 UTC
Previous filing: 22 Sep 2025
Next filing: 21 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cotter Jennifer Cunningham	Chief Content Officer	C/O PELOTON INTERACTIVE, INC., 441 NINTH AVENUE, SIXTH FLOOR, NEW YORK	/s/ Tammy Albarran as attorney-in-fact for Jennifer Cotter	18 Nov 2025	0001946761

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise		+9,216	+9.2%		109,485	15 Nov 2025	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+29,749	+27%		139,234	15 Nov 2025	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+14,817	+11%		154,051	15 Nov 2025	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+45,000	+29%		199,051	15 Nov 2025	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+61,813	+31%		260,864	15 Nov 2025	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+119,332	+46%		380,196	15 Nov 2025	Direct	F1
transaction	PTON	Class A Common Stock	Sale	$1,072,080	-148,432	-39%	$7.22	231,764	17 Nov 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	-9,216	-50%	$0.000000	9,216	15 Nov 2025	Class A Common Stock	9,216		Direct	F1, F4
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-29,749	-25%	$0.000000	89,252	15 Nov 2025	Class A Common Stock	29,749		Direct	F1, F5
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-14,817	-17%	$0.000000	74,082	15 Nov 2025	Class A Common Stock	14,817		Direct	F1, F6
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-45,000	-12%	$0.000000	315,000	15 Nov 2025	Class A Common Stock	45,000		Direct	F1, F7
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-61,813	-10%	$0.000000	556,319	15 Nov 2025	Class A Common Stock	61,813		Direct	F1, F8
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-119,332	-25%	$0.000000	357,995	15 Nov 2025	Class A Common Stock	119,332		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 $7.1500 to $7.2700 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 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.
F6	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.
F7	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.
F8	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.
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.