Kirol Charles Peter 4
4 · PELOTON INTERACTIVE, INC. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Peloton (PTON) COO Kirol Charles Peter Sells 6,419 Shares After RSU Vest
What Happened
Kirol Charles Peter, Chief Operating Officer of Peloton Interactive (PTON), had 17,225 restricted stock units (RSUs) settle on Feb 15, 2026 (reported as an exercise/conversion of a derivative). A portion of the shares were withheld/disposed to satisfy tax obligations and an additional 6,419 shares were sold in the open market on Feb 17, 2026 for total proceeds of $26,550 (weighted average price $4.14). The filing shows a disposal of 17,225 shares at $0 (derivative) consistent with shares withheld for taxes.
Key Details
- Transaction dates: Feb 15, 2026 (RSU settlement/exercise); Feb 17, 2026 (open-market sale). Filing date: Feb 18, 2026.
- Open-market sale: 6,419 shares at a weighted average price of $4.14, total proceeds $26,550. Reported sale prices ranged $4.0950–$4.2350 (footnote).
- RSU settlement: 17,225 RSUs converted to shares (each RSU = 1 share per footnote). The filing reports a disposal of 17,225 shares at $0, reflecting shares withheld to cover tax withholding.
- Purpose: The sale(s) were made solely to cover tax liability associated with RSU settlement (footnote).
- Shares owned after the transactions: not specified in the filing.
- Vesting schedule: These RSUs vest 6.25% on Nov 15, 2025, then quarterly 6.25% thereafter, with 100% vesting by Aug 15, 2029 (service-based vesting).
- Filing timeliness: Filing was submitted Feb 18, 2026 for activity dated Feb 15–17, 2026 (the filing lists those dates; check SEC record if you require confirmation of timeliness).
Context
This was an RSU settlement with tax-related dispositions/sales — a routine administrative transaction rather than an independent open-market purchase or sale meant to express investment view. For derivative/RSU events, a common pattern is: RSUs vest and convert to shares (acquisition), the issuer withholds or the insider sells shares to cover taxes, and any remaining shares are retained. Such sales generally reflect tax obligations, not necessarily a signal about the insider’s outlook.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-02-15+17,225→ 94,827 total - Sale
Class A Common Stock
[F2][F3]2026-02-17$4.14/sh−6,419$26,550→ 88,408 total - Exercise/Conversion
Restricted Stock Unit (RSU)
[F1][F4]2026-02-15−17,225→ 241,142 total→ Class A Common Stock (17,225 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.0950 to $4.2350 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The RSUs vest as to 6.25% of the total shares on November 15, 2025, then 6.25% of the total shares vest quarterly thereafter, with 100% of the total shares vested on August 15, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.