Baig Saqib 4
4 · PELOTON INTERACTIVE, INC. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Peloton (PTON) Interim CFO Saqib Baig Sells 5,973 Shares
What Happened Saib Baig, Peloton's Interim Chief Financial Officer and CAO, sold 5,973 shares of Peloton stock on May 20, 2026. The sales were executed as open market/private sales at a weighted average price of $5.19 per share for aggregate proceeds of $30,981. The trades occurred at prices ranging from $5.13 to $5.23 per share.
Key Details
- Transaction date: May 20, 2026 (reported on Form 4 filed May 21, 2026 — timely filing).
- Transaction type: Sale (Code S).
- Shares sold: 5,973; weighted average price: $5.19; price range: $5.13–$5.23.
- Proceeds: $30,981 (approx.).
- Shares owned after transaction: Not specified in the provided summary.
- Footnotes: (1) Sales were effected under a Rule 10b5-1 trading plan adopted September 2, 2025. (2) Reported price is a weighted average; the filer can provide the breakdown of shares sold at each price on request.
Context The sale was made under a pre-established Rule 10b5-1 plan, which schedules transactions in advance and is commonly used by insiders to avoid trading on material non-public information. Such pre-scheduled sales are generally considered routine and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-20$5.19/sh−5,973$30,981→ 244,046.47 total
Footnotes (2)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 2, 2025.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.1300 to $5.2300 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.