Peloton Files DEF 14A: Executive Compensation Details
Ticker: PTON · Form: DEF 14A · Filed: 2024-10-22T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, annual-meeting, governance
Related Tickers: PTON
TL;DR
Peloton's DEF 14A is out, detailing exec pay and board stock grants for FY24.
AI Summary
Peloton Interactive, Inc. filed a DEF 14A on October 22, 2024, for the fiscal year ending June 30, 2024. The filing details executive compensation and board member information, including stock awards and option grants for individuals like Barry McCarthy and Karen Boone. The company's principal executive offices are located at 125 W. 25th St., 11th Floor, New York, NY.
Why It Matters
This filing provides crucial transparency into how Peloton compensates its top executives and board members, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but they can reveal information about executive compensation and corporate governance that may impact investor confidence.
Key Numbers
- 2024-06-30 — Fiscal Year End (Reporting period for compensation details)
- 2024-10-22 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- PELOTON INTERACTIVE, INC. (company) — Filer
- Barry McCarthy (person) — Executive/Board Member
- Karen Boone (person) — Board Member
- Chris Bruzzo (person) — Board Member
- John Foley (person) — Former Executive/Board Member
- 125 W. 25th St., 11th Floor, New York, NY (location) — Company Address
FAQ
What is the primary purpose of this DEF 14A filing for Peloton Interactive, Inc.?
The primary purpose is to provide detailed information regarding the company's annual meeting of stockholders, including executive compensation, board member details, and voting matters.
Who are some of the key individuals mentioned in relation to compensation or board service for Peloton?
Key individuals mentioned include Barry McCarthy, Karen Boone, Chris Bruzzo, and former member John Foley, with details on their stock awards and option grants.
What is Peloton Interactive, Inc.'s fiscal year end?
Peloton Interactive, Inc.'s fiscal year ends on June 30th.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on October 22, 2024.
Where are Peloton Interactive, Inc.'s principal executive offices located?
Peloton Interactive, Inc.'s principal executive offices are located at 125 W. 25th St., 11th Floor, New York, NY.
Filing Stats: 4,501 words · 18 min read · ~15 pages · Grade level 15.7 · Accepted 2024-10-22 16:15:41
Key Financial Figures
- $2.7 billion — r Fiscal 2024 revenues of approximately $2.7 billion; and companies with similar market ca
- $1.7 billion — market capitalization of approximately $1.7 billion as of September 13, 2024; and companies
Filing Documents
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- 0001193125-24-241065.txt ( ) — 9987KB
- pton-20240630.xsd (EX-101.SCH) — 6KB
- pton-20240630_def.xml (EX-101.DEF) — 7KB
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- d877660ddef14a_htm.xml (XML) — 309KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 40 PROPOSAL NO. 3 NON-BINDING ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 44
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 45 PAY VERSUS PERFORMANCE 79 EQUITY COMPENSATION PLAN INFORMATION 84 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 85 ADDITIONAL INFORMATION 86 OTHER MATTERS 88 ANNEX A A-1 Table of Contents PELOTON INTERACTIVE, INC. TABLE OF CONTENTS SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This proxy statement includes forward-looking statements, which are statements in the future tense and statements other than statements of historical facts. These statements include, but are not limited to, statements regarding execution of and the expected benefits from our restructuring initiatives and cost-saving measures, our future operating results and financial position, our business strategy and plans, market growth, our objectives for future operations, and our social responsibility and ESG initiatives. In some cases, you can identify forward-looking statements by terms such as "aim, "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict, "project," "seek," "should," "target," or "will" or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based upon various estimates and assumptions and are subject to risks and uncertainties. Accordingly, actual results could differ materially due to a variety of factors. These risks and uncertainties include, but are not limited to: our ability to achieve and maintain future profitability; our ability to attract and maintain Subscribers; our ability to accurately forecast consumer demand for our products and services and adequately manage our inventory; our ability to execute and achieve the expected benefits of our restructuring initiative and other cost-saving measures; our ability to effectively manage our growth and costs; our ability to anticipate consumer preferences and successfully develop and