Peloton (PTON) Chief Accounting Officer Saqib Baig Sells 5,000 Shares

What Happened
Saqib Baig, Chief Accounting Officer of Peloton Interactive, sold 5,000 shares in an open-market transaction on July 14, 2026. The weighted-average sale price was $6.12 per share (prices ranged $6.01–$6.23), for total proceeds of approximately $30,589. This was a sale (not a purchase) and was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-07-14; Form 4 filed: 2026-07-16 (appears timely — filed within typical 2-business-day window).
• Transaction type/code: Sale (S) — open market.
• Shares sold: 5,000; weighted-average price: $6.12; price range: $6.01–$6.23; total proceeds ≈ $30,589.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025.
  • F2: Reported price is a weighted average; the filer will provide, upon request, the number of shares sold at each separate price within the stated range.

Context
Sales executed under 10b5-1 plans are typically pre-planned and scheduled, and therefore are often routine rather than a direct signal of the insider’s view of the company. For retail investors, purchases by insiders tend to be more informative than routine sales; this filing documents a routine, pre-arranged sale.