Sanders Dion C. 4

What Happened

• Dion C. Sanders, Chief Commercial Officer of Peloton Interactive, was granted 916,231 restricted stock units (RSUs) on April 1, 2026. The Form 4 reports the award as a derivative grant at $0.00 per unit (i.e., an RSU award, not a cash purchase or open-market trade). Each RSU is a contingent right to receive one share of Peloton Class A common stock upon vesting.

Key Details

• Transaction date: 2026-04-01; filing date (accession): 2026-04-03 (appears timely).
• Grant size and price: 916,231 RSUs reported at $0.00 (award/derivative).
• Vesting: Per footnote, 1/12 of the total vests on Nov 15, 2026 and then 1/12 vests quarterly thereafter, contingent on continued service.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 clarifies each RSU converts to one share upon vest, F2 describes the vesting schedule above.

Context

• RSU grants are compensation/retention awards and do not represent an immediate purchase or sale of stock; they convert to shares only as they vest. Because this is an award rather than a sale or purchase, it should be viewed as executive compensation activity, not a direct signal of immediate buying or selling intent.