Comonte Tara 4

What Happened
Tara Comonte, a director of Peloton Interactive (PTON), was granted 8,459 restricted stock units (RSUs) that vested and were converted into 8,459 shares on March 9, 2026. The conversion/exercise is reported with a $0.00 price, indicating no cash was paid in the conversion and this was not an open-market sale.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (appears timely).
• Award: 8,459 RSUs granted (Code A). Conversion/Exercise: 8,459 RSUs converted to shares (Code M) at $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU equals the right to one share. F2 — RSUs vest 25% quarterly (Mar 9, Jun 9, Sep 9, and the earlier of Dec 9, 2026 or the 2026 annual meeting), subject to continued service.
• This filing shows vesting/conversion activity, not a sale or purchase of shares.

Context
RSUs are a form of compensation; vesting and conversion into shares is typically routine and does not by itself indicate buying or selling pressure. The "M" code reflects exercise/conversion of a derivative (here, RSUs converting to common stock). Because no shares were sold in the market, this is not a liquidity/event signal for investors.