Form 4: Peloton Director Pamela Thomas-Graham Executes Stock Transactions Under 10b5-1 Plan

Peloton director Pamela Thomas-Graham acquired and sold Class A common stock and exercised stock options under a pre-arranged 10b5-1 trading plan.

Summary

• Pamela Thomas-Graham, a director at Peloton Interactive, Inc., engaged in multiple transactions involving the company's stock on November 21, 2024.
• She acquired 26,630 shares of Class A Common Stock through the conversion of Class B Common Stock.
• She also sold 26,630 shares of Class A Common Stock at a price of $9 per share.
• Additionally, she exercised stock options to acquire 26,630 shares of Class B Common Stock, which then converted to Class A Common Stock.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on May 9, 2024.
• Following these transactions, Ms. Thomas-Graham directly owns 77,349 shares of Class A Common Stock and 133,153 stock options.

Sentiment

Score: 5

Explanation: The document reflects routine insider trading activity under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. The use of a 10b5-1 plan indicates a pre-planned strategy for stock transactions.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a common practice among corporate insiders to avoid accusations of trading on non-public information, aligning with standard practices in publicly traded companies.
• The reported transactions are typical for directors and officers who receive stock options and equity as part of their compensation.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are part of a pre-planned trading strategy.

Key Dates

Keywords

Peloton, insider trading, Form 4, stock options, Rule 10b5-1, Class A Common Stock, Class B Common Stock, director, Pamela Thomas-Graham