Peloton (PTON) CPO sells shares to cover RSU tax liability
Peloton Interactive's Chief Product Officer, Nick V. Caldwell, exercised 115,741 Restricted Stock Units (RSUs) on March 15, 2026, and subsequently sold 42,632 Class A shares at a weighted average price of $3.8649 per share on March 16, 2026. This sale was explicitly made to cover tax liabilities associated with the RSU settlement. After these transactions, Caldwell directly holds 880,956 Class A shares, with the RSUs vesting schedule extending until September 15, 2027.
https://www.stocktitan.net/sec-filings/PTON/form-4-peloton-interactive-inc-insider-trading-activity-9ef87f98ff9e.html