Form 4: Peloton CFO Elizabeth Coddington Reports Stock Transactions

Elizabeth Coddington, CFO of Peloton Interactive, Inc., reported the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) to cover tax liabilities.

Summary

• On March 13, 2024, Elizabeth Coddington, the CFO of Peloton Interactive, Inc., acquired 21,819 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
• On March 14, 2024, she disposed of 8,977 shares of Class A Common Stock at a weighted average price of $4.3416 per share, with prices ranging from $4.3300 to $4.3430.
• These sales were made to cover the reporting person's tax liability related to the settlement of RSUs.
• Following these transactions, Coddington beneficially owns 104,428 shares of Class A Common Stock and 196,373 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency into the transactions of company leadership.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the CFO's stock sales, but the overall effect is likely minimal.

Key Dates