Baig Saqib 4

What Happened

• Saqib Baig, Peloton's interim Chief Financial Officer and Chief Accounting Officer, sold 5,000 shares of Peloton common stock on June 9, 2026. The shares were sold at $5.66 per share for a total gross value of $28,300. This was a sale (routine disposition), not a purchase.

Key Details

• Transaction date: 2026-06-09; Form 4 filed: 2026-06-11 (timely filing).
• Price: $5.66 per share; Total proceeds: $28,300.
• Transaction type/code: Sale (S), reported as open-market or private sale.
• Shares owned after transaction: Not disclosed on this Form 4.
• Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025 (preplanned trading arrangement).

Context

• The use of a 10b5-1 plan indicates the sale was executed under a pre-established trading plan, which is commonly used by insiders to schedule trades in advance and avoid questions about trading on inside information. This sale is a disposition of stock (not an acquisition) and, by itself, is not a direct indicator of future company performance.