Peloton Interim Co-CEOs Sell Shares to Cover Tax Liabilities
Reporter Name | Relationship | Type | Amount | SEC Filing |
---|---|---|---|---|
Boone Karen | Interim Co-CEO and President | Sell | $144,914 | Form 4 |
Bruzzo Chris | Interim Co-CEO and President | Sell | $144,911 | Form 4 |
Karen Boone and Chris Bruzzo, serving as Interim Co-CEOs and Presidents of Peloton Interactive, have both sold shares of the company's Class A Common Stock on October 18, 2024, to cover tax liabilities associated with the settlement of Restricted Stock Units (RSUs).
Karen Boone sold 25,009 shares at a weighted average price of $5.7945 per share, totaling $144,914. Following the transaction, Boone directly owns 193,297 shares of Peloton Interactive.
Chris Bruzzo sold 24,977 shares at a weighted average price of $5.8018 per share, totaling $144,911. Following the transaction, Bruzzo directly owns 149,240 shares of the company.