Kirol Charles Peter 4
Research Summary
AI-generated summary
Peloton (PTON) COO Kirol Charles Peter Sells 3,399 Shares
What Happened
Kirol Charles Peter, Chief Operating Officer of Peloton Interactive, sold 3,399 shares in an open-market transaction on January 21, 2026. The weighted average sale price was $5.85 per share, producing gross proceeds of approximately $19,895. This was a sale (routine disposition), not a purchase.
Key Details
- Transaction date: 2026-01-21. Reported on Form 4 filed 2026-01-23 (timely filing).
- Price: Weighted average $5.85 per share; sales executed at prices ranging from $5.76 to $5.96 (per footnote).
- Quantity: 3,399 shares sold; gross proceeds ~ $19,895.
- Shares owned after transaction: Not specified in the information provided on this Form 4.
- Footnotes: F1 — Sales were made pursuant to a Rule 10b5-1 trading plan adopted May 29, 2025. F2 — Reported price is a weighted average; the filer can provide a breakdown of shares sold at each price within the $5.76–$5.96 range upon request.
- Filing timeliness: Filed within the typical 2-business-day window after the transaction (not marked late).
Context
Sales executed under a Rule 10b5-1 plan are pre-arranged and scheduled in advance, which can make them more routine and less indicative of a change in the insider’s view of the company. As this is a sale (code S), it represents an insider disposition of shares rather than a stock purchase or option exercise.