Peloton (PTON) CFO Siddharth Thacker Receives RSU Awards

What Happened
Siddharth Thacker, Chief Financial Officer of Peloton Interactive, was granted two restricted stock unit (RSU) awards on August 18, 2026, reported on a Form 4 filed August 20, 2026. The filing shows grants of 883,839 RSUs and 84,176 RSUs (total 968,015 RSUs) reported as derivative awards with a $0.00 per‑share acquisition price (no cash exchanged at grant).

Key Details

• Transaction date: August 18, 2026; Form 4 filed August 20, 2026 (filed on time).
• Grants: 883,839 RSUs and 84,176 RSUs (total 968,015 RSUs); reported acquisition price $0.00 (derivative awards).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.
  • F2: A portion vests 1/16 on Nov 15, 2026 and then 1/16 quarterly thereafter, subject to continued service.
  • F3: Another tranche vests 50% on Aug 15, 2029 and 50% on Aug 15, 2030, subject to continued service.
• No sale, purchase, tax‑withholding sale, or 10b5‑1 plan was reported in the filing.

Context
RSU grants are compensation/retention awards and are not the same as an open‑market purchase or sale; they become shares only if and when they vest. Because the transaction is a grant (not a buy or sell), it primarily reflects company compensation decisions rather than a direct insider buy/sell signal.