Saqib Baig - 15 Feb 2026 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Accounting Officer
Signature
/s/ Tammy Albarran as attorney-in-fact for Saqib Baig
Issuer symbol
PTON
Transactions as of
15 Feb 2026
Net transactions value
-$152,588
Form type
4
Filing time
18 Feb 2026, 19:23:55 UTC
Previous filing
13 Jan 2026
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 18 Feb 2026 0001954584

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +19,973 +12% 190,638 15 Feb 2026 Direct F1
transaction PTON Class A Common Stock Options Exercise +7,500 +3.9% 198,138 15 Feb 2026 Direct F1
transaction PTON Class A Common Stock Options Exercise +10,302 +5.2% 208,440 15 Feb 2026 Direct F1
transaction PTON Class A Common Stock Options Exercise +24,761 +12% 233,201 15 Feb 2026 Direct F1
transaction PTON Class A Common Stock Options Exercise +17,498 +7.5% 250,699 15 Feb 2026 Direct F1
transaction PTON Class A Common Stock Sale $127,945 -30,918 -12% $4.14 219,781 17 Feb 2026 Direct F2, F3
transaction PTON Class A Common Stock Sale $24,643 -5,722 -2.6% $4.31 214,059 18 Feb 2026 Direct F4

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 -19,973 -25% $0.000000 59,919 15 Feb 2026 Class A Common Stock 19,973 Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -7,500 -14% $0.000000 45,000 15 Feb 2026 Class A Common Stock 7,500 Direct F1, F6
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -10,302 -11% $0.000000 82,418 15 Feb 2026 Class A Common Stock 10,302 Direct F1, F7
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -24,761 -33% $0.000000 49,523 15 Feb 2026 Class A Common Stock 24,761 Direct F1, F8
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -17,498 -9.1% $0.000000 174,978 15 Feb 2026 Class A Common Stock 17,498 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 $4.1100 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 2, 2025.
F5 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.
F6 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.
F7 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.
F8 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.
F9 The RSUs vest as to 1/12 of the total shares on November 15, 2025, then 1/12 of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2028, subject to the Reporting Person's provision of service to the issuer on each vesting date.