Peloton (PTON) Chief Accounting Officer Saqib Baig Sells 4,912 Shares

What Happened
Saquib (Saqib) Baig, Peloton's Chief Accounting Officer, sold 4,912 shares on August 19, 2026. The reported weighted-average price was $5.45 per share, for total proceeds of approximately $26,780. The Form 4 lists the transaction as an open-market or private sale (code S) and indicates the shares were sold in multiple transactions.

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (appears timely).
• Quantity and price: 4,912 shares at a weighted-average price of $5.45; individual sale prices ranged $5.42–$5.47.
• Proceeds: ~ $26,780.
• Shares owned after transaction: Not reported in the provided excerpt of the filing.
• Footnotes: (F1) Sales were made under a Rule 10b5-1 trading plan adopted Sept 2, 2025. (F2) Reported price is a weighted average; the filer can provide the breakdown of shares sold at each price on request.
• Transaction code: S = Sale.

Context
The sale was executed under a pre-established Rule 10b5-1 plan, which typically means the trades were prearranged and do not necessarily signal a change in the insider’s view of the company. This was a disposal (sale), not a purchase or option exercise.