Caldwell Nick V. 4

4 · PELOTON INTERACTIVE, INC. · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

Peloton (PTON) CPO Nick Caldwell Receives 119,331 Shares

What Happened

Nick V. Caldwell, Chief Product Officer at Peloton (PTON), had 119,331 restricted stock units (RSUs) convert to common shares on May 15, 2026.
To cover the tax withholding on the RSU settlement, 64,192 shares were surrendered at $5.29 per share, totaling $339,576. After withholding, Caldwell received a net 55,139 shares (119,331 total vested − 64,192 withheld).
This was not a market purchase or sale for investment; it was a routine RSU vesting and tax-withholding event.

Key Details

Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (timely — filed within the 2 business‑day window).
RSUs converted: 119,331 shares. Shares withheld for taxes: 64,192 at $5.29 each = $339,576. Net shares delivered: 55,139.
Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld for tax payment.
Footnotes: F1 — each RSU = right to one Class A share; F2 — shares withheld to cover tax liability on the RSUs that vested May 15, 2026; F3 — vesting schedule: 12.5% quarterly starting Nov 15, 2024, with full vesting scheduled Aug 15, 2026, subject to continued service.
Shares owned after the transaction are not specified in the provided filing.

Context

This is a routine equity compensation settlement (RSU vesting) with a portion withheld for taxes — common for executives and not a direct market buy/sell signal.
The reporting shows conversion of RSUs (no cash exercise price required) and tax withholding rather than an open‑market sale.

Form 4

Period: 2026-05-15

Chief Product Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-05-15+119,331→ 1,000,287 total
Tax Payment
Class A Common Stock
[F2]
2026-05-15$5.29/sh−64,192$339,576→ 936,095 total
Exercise/Conversion
Restricted Stock Unit (RSU)
[F1][F3]
2026-05-15−119,331→ 119,332 total
→ Class A Common Stock (119,331 underlying)

Footnotes (3)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F2]Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on May 15, 2026.
[F3]The RSUs vest as to 12.50% of the total shares quarterly, commencing November 15, 2024, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.

Signature

/s/ Tammy Albarran as attorney-in-fact for Nick V. Caldwell|2026-05-19

1 file