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 March 7, 2024, Jonathan Callaghan, a director of Peloton Interactive, Inc., had 14,255 Restricted Stock Units (RSUs) vest, which converted into 14,255 shares of Class A Common Stock.
- Following this transaction, Callaghan directly owns 43,325 shares of Class A Common Stock.
- Callaghan also indirectly owns 798,954 shares of Class A Common Stock through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: vesting of 14,255 RSUs and acquisition of Class A Common Stock. |
| 03/07/2024 | 25% of the RSUs vest. |
| 06/07/2024 | 25% of the RSUs vest. |
| 09/07/2024 | 25% of the RSUs vest. |
| 12/07/2024 | Final 25% of the RSUs vest, or earlier if the 2024 annual stockholders meeting occurs before this date. |
| 03/11/2024 | Date of filing the Form 4. |
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