Boone Karen 4

What Happened
Karen Boone, a director of Peloton Interactive, converted 9,023 restricted stock units (RSUs) into 9,023 shares on June 9, 2026 (reported on Form 4). The same filing records a disposition of 9,023 shares at $0.00 (derivative). No cash purchase or sale for value is reported; this was a conversion/vesting event rather than an open‑market buy or sell.

Key Details

• Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (timely filing).
• Acquired: 9,023 shares via exercise/conversion of a derivative (RSUs).
• Disposed: 9,023 shares at $0.00 (listed as derivative disposal). The filing does not specify the reason for the $0.00 disposition.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Each RSU equals the contingent right to one share of Class A common stock.
  • F2: These RSUs vest in 25% increments on March 9, 2026; June 9, 2026; September 9, 2026; and the earlier of December 9, 2026 or the 2026 annual meeting, subject to continued service.

Context
This was an RSU conversion/vesting event (derivative conversion), not a market purchase or sale that signals a directional trade. Filings sometimes show shares recorded as disposed at $0.00 when shares are net‑settled or withheld for taxes, but the Form 4 here does not indicate the specific reason for the zero‑price disposition.