Siddharth Thacker, Chief Financial Officer of Peloton Interactive, Inc., filed a Form 4 on August 20, 2026, disclosing the acquisition of two grants of Restricted Stock Units totaling 968,015 units, with transactions dated August 18, 2026.

Key Highlights

  • Reporting person: Siddharth Thacker, identified as Chief Financial Officer of Peloton Interactive, Inc.
  • First RSU grant: 883,839 RSUs acquired on August 18, 2026, at a price of $0, each representing a contingent right to receive one share of Class A Common Stock.
  • Second RSU grant: 84,176 RSUs acquired on August 18, 2026, at a price of $0, also representing a contingent right to receive one share of Class A Common Stock.
  • Vesting schedule (first grant): 1/16 of total shares vest on November 15, 2026, then 1/16 quarterly thereafter, subject to continued service.
  • Vesting schedule (second grant): 50% of total shares vest on August 15, 2029, and 50% on August 15, 2030, subject to continued service.
  • Ownership form: Both grants are held directly by the reporting person.

Peloton CFO Thacker Receives Two RSU Grants Totaling 968,015 Units

According to the filing, Siddharth Thacker, Chief Financial Officer of Peloton Interactive, Inc. (NASDAQ:PTON), acquired two separate grants of Restricted Stock Units on August 18, 2026. The first grant consists of 883,839 RSUs and the second consists of 84,176 RSUs, bringing the combined total to 968,015 units. The filing states that each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock and that both grants were acquired at a price of $0.

The two grants carry distinct vesting schedules, as disclosed in the filing's explanation of responses. The larger grant of 883,839 RSUs vests as to 1/16 of the total shares on November 15, 2026, with an additional 1/16 vesting quarterly thereafter, in each case subject to the reporting person's provision of service to the issuer on each vesting date. The smaller grant of 84,176 RSUs vests in two equal installments of 50% each on August 15, 2029, and August 15, 2030, again subject to continued service.

The Form 4 was signed by Tammy Albarran as attorney-in-fact for Siddharth Thacker and filed on August 20, 2026. Both RSU positions are reported as directly owned. No transactions appear in Table I covering non-derivative securities, and no disposition of securities was reported in this filing.

What Was Disclosed

The filing reports two RSU grants totaling 968,015 units awarded to Peloton's CFO on August 18, 2026, with separate multi-year vesting schedules tied to continued service. Both grants carry a $0 acquisition price and are held directly.