Form 4: Peloton Director Pamela Thomas-Graham Reports Stock Transactions

Director Pamela Thomas-Graham reports the vesting of restricted stock units and subsequent acquisition of Class A Common Stock in Peloton Interactive, Inc.

Summary

• On March 7, 2024, Pamela Thomas-Graham, a director of Peloton Interactive, Inc., had 14,913 Restricted Stock Units (RSUs) vest.
• Upon vesting, these RSUs converted into 14,913 shares of Class A Common Stock.
• Following this transaction, Thomas-Graham directly owns 47,524 shares of Peloton's Class A Common Stock.
• The RSUs vest quarterly, with the final 25% vesting on the earlier of December 7, 2024, or the 2024 annual stockholders meeting, contingent upon continued service to the issuer.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of stock transactions by a company director as part of their compensation package.

Future Outlook

The remaining RSUs will vest quarterly, contingent upon the reporting person's continued service to the issuer, with the final 25% vesting on the earlier of December 7, 2024, or the 2024 annual stockholders meeting.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Peloton. It provides transparency into the holdings and transactions of key personnel.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine vesting of equity compensation.

Key Dates