PELOTON INTERACTIVE INC
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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Sep 30, 2024 · Filed Oct 31, 2024
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Item 5. Other Information
Rule 10b5-1 Trading Plans
On September 5, 2024, Saqib Baig, our Chief Accounting Officer, entered into a pre-arranged stock trading plan intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended (a “Rule 10b5-1 Plan”). Mr. Baig's Rule 10b5-1 Plan provides for the potential aggregate sale of up to (i)75,000 shares of Class A common stock, and (ii)33,727 shares of Class A common stock upon the vesting of certain restricted stock units (“RSUs”), in each case between December 6, 2024 and December 6, 2025. Each RSU represents a contingent right to receive one share of Class A common stock.
The Rule 10b5-1 Plan described above is in accordance with our Insider Trading Compliance Policy and Procedures. Sales pursuant to the Rule 10b5-1 Plan will be disclosed in filings made with the SEC in accordance with Section 16 of the Exchange Act.
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