Caldwell Nick V. 4
4 · PELOTON INTERACTIVE, INC. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Peloton (PTON) CPO Nick Caldwell Receives RSU Award of 916,231
What Happened Nick V. Caldwell, Chief Product Officer of Peloton Interactive, was granted 916,231 Restricted Stock Units (RSUs) on April 1, 2026. The award is reported as a derivative acquisition at $0.00 (no cash exchanged); each RSU represents a contingent right to one share of Peloton Class A common stock that will convert to shares upon vesting.
Key Details
- Transaction date and filing: Grant dated 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
- Amount/price: 916,231 RSUs granted, reported at $0.00 (derivative award).
- Vesting: 1/12 of the total vests on November 15, 2026, then 1/12 vests quarterly thereafter, subject to continued service (per footnote).
- Shares owned after transaction: Not disclosed in the filing.
- Transaction code: A = Award/Grant (derivative instrument).
- Footnotes: F1 clarifies each RSU converts to one share; F2 specifies the vesting schedule above.
Context RSU grants are a common form of executive compensation and are not an immediate purchase or sale — value is realized only as units vest and convert to shares (and typically become taxable at vesting). Because the award vests over time, it serves as a retention incentive rather than an immediate market signal.
Insider Transaction Report
- Award
Restricted Stock Unit (RSU)
[F1][F2]2026-04-01+916,231→ 916,231 total→ Class A Common Stock (916,231 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The RSUs vest as to 1/12th of the total number of shares on November 15, 2026, and 1/12th of the total grant vests quarterly thereafter, in each case subject to the Reporting Person's provision of service to the Issuer on each such vesting date.