Baig Saqib 4

What Happened Saib (Saqib) Baig, Peloton's interim Chief Financial Officer and Chief Accounting Officer, reported a sale of 15,000 shares on 2026-04-27. The shares were disposed at $5.50 each for a total proceeds of $82,500. The Form 4 notes the transaction as a sale (code S) and as an "open market or private sale" on the filing.

Key Details

• Transaction date and price: 2026-04-27 at $5.50 per share, total $82,500.
• Transaction type: Sale (Form 4 lists "open market or private sale").
• Shares owned after transaction: Not disclosed in the supplied filing excerpt.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025.
• Filing timeliness: Form filed 2026-04-29 — appears filed within the standard two-business-day Form 4 window.

Context The sale was executed under a pre-established 10b5-1 plan, which typically schedules trades in advance and can limit the informational value of the sale as a signal about the insider’s view. Sales are generally considered routine compared with purchases, which are often more informative about insider sentiment.