Form 4: Peloton Director Pamela Thomas-Graham Reports Stock Transactions
SEC Form 4 Filing
Director Pamela Thomas-Graham reports the vesting and acquisition of Peloton Interactive, Inc. Class A Common Stock related to Restricted Stock Units.
Summary
- On September 7, 2024, Pamela Thomas-Graham, a director of Peloton Interactive, Inc., reported transactions involving Class A Common Stock.
- These transactions involved the vesting of 14,913 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock.
- The vesting occurred quarterly, with 25% of the total shares vesting on March 7, 2024, June 7, 2024, and September 7, 2024, and the final 25% vesting on the earlier of December 7, 2024, or the 2024 annual stockholders meeting.
- Following the reported transaction, Thomas-Graham directly owns 77,349 shares of Class A Common Stock and 14,912 derivative securities.
- The transactions were reported on Form 4, filed with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies like Peloton.
Stakeholder Impact
- The vesting of RSUs could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| March 7, 2024 | 25% of RSUs vest |
| June 7, 2024 | 25% of RSUs vest |
| September 7, 2024 | 25% of RSUs vest; Transaction Date |
| December 7, 2024 | Final 25% of RSUs vest (or earlier at annual stockholders meeting) |
| September 10, 2024 | Date of report |
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