{"schema_version":"secwatch.filing_event.v1","accession":"0001639825-23-000060","form_type":"8-K","ticker":"PTON","cik":"0001639825","company_name":"PELOTON INTERACTIVE, INC.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.785849+00:00","generated_at":"2026-06-15T22:13:19.908649+00:00","sec_items":["1.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Peloton settles patent dispute with Dish for $75M, obtains ABR license","bullets":["Peloton pays $75M one-time settlement to Dish to resolve ITC and Texas patent litigation.","Dish will seek termination of ITC investigation, rescission of remedial orders, and dismissal of Texas litigation.","Peloton receives worldwide, fully paid-up, royalty-free license for Dish's ABR patents, including those asserted.","Agreement includes broad cross-releases and covenants not to sue between Peloton and Dish."],"urls":{"canonical":"https://secwatch.observer/filing/0001639825-23-000060","json":"https://secwatch.observer/filing/0001639825-23-000060.json","markdown":"https://secwatch.observer/filing/0001639825-23-000060.md","text":"https://secwatch.observer/filing/0001639825-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000060/0001639825-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000060/pton-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:13:19.908649+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"871c985c0d314bbd537fef58fbc802d636dff1f9","claim":"PELOTON INTERACTIVE, INC. entered into Settlement, Patent License, and Release Agreement with DISH Technologies L.L.C., Sling TV L.L.C., and DISH DBS Corporation (collectively, “Dish”) valued at $75 million (effective 2023-05-01).","evidence_excerpt":"On May 1, 2023, Peloton and Dish entered into a Settlement, Patent License, and Release Agreement (the \"Settlement Agreement\") to resolve the ITC matter as well as the Texas Litigation . The Settlement Agreement provides for, among other things: (a) Dish to promptly seek termination of the ITC investigation, rescission of the Remedial Orders, and dismissal with prejudice of the Texas Litigation; (b) broad cross-releases between Peloton and Dish; (c) a worldwide, fully paid up royalty-free license for Peloton and its affiliates for Dish patents relating to ABR, including the patents asserted in the ITC investigation and Texas Litigation; (d) covenants not to sue restricting the parties from initiating certain kinds of future litigation; and (f) a one-time settlement payment by Peloton of $75 million to Dish.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000060/0001639825-23-000060-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"DISH Technologies L.L.C., Sling TV L.L.C., and DISH DBS Corporation (collectively, “Dish”)"},{"label":"Value","value":"$75 million"},{"label":"Effective","value":"2023-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}