4Accepted Aug 21, 4:42 PM ET
Peloton (PTON) CCO Dion C. Sanders Sells 112,512 Shares
Accepted (ET)
4:42 PM
Aug 21, 2026
Filed
Aug 21, 2026
Documents
1
Size
5.7 KB
Summary
Peloton (PTON) CCO Dion C. Sanders Sells 112,512 Shares
What Happened
Dion C. Sanders, Chief Commercial Officer of Peloton Interactive, sold 112,512 shares of Peloton common stock in an open-market transaction on August 19, 2026. The reported weighted-average price was $5.45 per share, for aggregate proceeds of approximately $613,427. This was a sale (not a purchase).
Key Details
- Transaction date: August 19, 2026; Form 4 filed August 21, 2026.
- Transaction type/code: Open-market sale (S).
- Shares sold: 112,512; weighted-average price: $5.45; total value: ~$613,427.
- Price range: sales occurred at prices between $5.4200 and $5.4800 per share (weighted average reported). The filer will provide a breakdown of shares sold at each price upon request (per footnote).
- Plan/authorization: Sales were made pursuant to a Rule 10b5-1 trading plan adopted December 2, 2025.
- Shares owned after transaction: Not provided in the supplied filing excerpt.
- Timeliness: No late-filing indicator provided (filed within days of the reported transaction date).
Context
Sales executed under a 10b5-1 trading plan are pre-scheduled transactions that insiders often use to avoid timing issues; they do not, by themselves, indicate the insider’s current view of the company. For retail investors, purchases typically carry more direct informational weight than routine sales, but this filing is useful to track insider liquidity and timing.