Form 4: Peloton Director Jonathan Callaghan Reports Stock Transactions
SEC Form 4 Filing
Director Jonathan Callaghan reports the vesting of restricted stock units and subsequent acquisition of Class A Common Stock.
Summary
- On September 7, 2024, Peloton Interactive, Inc. Director Jonathan Callaghan reported a transaction involving Restricted Stock Units (RSUs).
- 14,255 RSUs vested, converting into 14,255 shares of Class A Common Stock.
- Following the transaction, Callaghan directly owns 71,834 shares of Class A Common Stock.
- Callaghan also indirectly owns 798,954 shares of Class A Common Stock through a family trust.
- After the transaction, Callaghan directly owns 14,254 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Positives
- The vesting of RSUs indicates that Callaghan has met certain performance or service requirements.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider holdings.
Key Dates
| Date | Description |
|---|---|
| March 7, 2024 | 25% of RSUs vest. |
| June 7, 2024 | 25% of RSUs vest. |
| September 7, 2024 | 14,255 RSUs vest and convert to Class A Common Stock. |
| December 7, 2024 | Final 25% of RSUs vest, subject to conditions. |
| September 10, 2024 | Date of Form 4 filing. |
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