Andrew S. Rendich - 15 May 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 May 2024, 16:21:54 UTC
Prior SEC filing
04 Mar 2024
Next SEC filing
22 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bart Goldstein as attorney-in-fact for Andrew S. Rendich

Key filing fact

Andrew S. Rendich filed Form 4 for PELOTON INTERACTIVE, INC. (PTON) on 17 May 2024.

Key facts

  • This page summarizes Andrew S. Rendich's Form 4 filing for PELOTON INTERACTIVE, INC. (PTON).
  • 11 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 17 May 2024, 16:21.

Change

  • Previous filing in this sequence was filed on 04 Mar 2024.
  • Current net transaction value: -$245,996.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PTON transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+7,965
Change %
+17%
Price
Shares after
55,655
Date
15 May 2024
Ownership
Direct
Footnotes
F1
PTON transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+30,658
Change %
+55%
Price
Shares after
86,313
Date
15 May 2024
Ownership
Direct
Footnotes
F1
PTON transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+12,251
Change %
+14%
Price
Shares after
98,564
Date
15 May 2024
Ownership
Direct
Footnotes
F1
PTON transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+45,000
Change %
+46%
Price
Shares after
143,564
Date
15 May 2024
Ownership
Direct
Footnotes
F1
PTON transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+61,813
Change %
+43%
Price
Shares after
205,377
Date
15 May 2024
Ownership
Direct
Footnotes
F1
PTON transaction

Class A Common Stock

Sale

Transaction value
$245,996
Shares
-64,348
Change %
-31%
Price
$3.82
Shares after
141,029
Date
16 May 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PTON transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-7,965
Change %
-11%
Price
$0.000000
Shares after
63,716
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
7,965
Exercise price
Footnotes
F1, F4
PTON transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-30,658
Change %
-10%
Price
$0.000000
Shares after
275,918
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
30,658
Exercise price
Footnotes
F1, F5
PTON transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-12,251
Change %
-8.3%
Price
$0.000000
Shares after
134,756
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
12,251
Exercise price
Footnotes
F1, F6
PTON transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-45,000
Change %
-7.1%
Price
$0.000000
Shares after
585,000
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
45,000
Exercise price
Footnotes
F1, F7
PTON transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-61,813
Change %
-6.2%
Price
$0.000000
Shares after
927,198
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
61,813
Exercise price
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration.

Footnote 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.

Footnote F3

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.8200 to $3.85 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.

Footnote F4

The RSU vests as to 25% of the total shares on May 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on May 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

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