{"schema_version":"secwatch.filing_event.v1","accession":"0001639825-23-000154","form_type":"8-K/A","ticker":"PTON","cik":"0001639825","company_name":"PELOTON INTERACTIVE, INC.","filed_at":"2023-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.904478+00:00","generated_at":"2026-06-09T20:50:11.410193+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Peloton CPO Tom Cortese to step down, Nick Caldwell appointed as successor","bullets":["Cortese transitions to non-executive advisor role effective Oct 31, 2023; Nick Caldwell appointed CPO effective Nov 1, 2023.","Cortese receives $1M base salary through advisory period ending May 16, 2024, with RSUs continuing to vest.","Cortese forfeits options on ~1.16M Class A shares; retains fully vested options on ~2.23M Class B shares.","Cortese eligible for severance benefits under Severance Plan if terminated without cause after advisory period.","Transition agreement includes non-disparagement and return of company property obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001639825-23-000154","json":"https://secwatch.observer/filing/0001639825-23-000154.json","markdown":"https://secwatch.observer/filing/0001639825-23-000154.md","text":"https://secwatch.observer/filing/0001639825-23-000154.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000154/0001639825-23-000154-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000154/pton-20230926.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T20:50:11.410193+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":"0c60a23372","claim":"Nick Caldwell was appointed as Chief Product Officer at PELOTON INTERACTIVE, INC..","evidence_excerpt":"Nick Caldwell will succeed him as the Chief Product Officer of the Company on November 1, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000154/0001639825-23-000154-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Product Officer"}],"fact_type":"executive_change"},{"claim_id":"8ddab9ac4b","claim":"Tom Cortese changed role as Chief Product Officer at PELOTON INTERACTIVE, INC..","evidence_excerpt":"Tom Cortese will transition to a non-executive advisory role at the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982523000154/0001639825-23-000154-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transition to non-executive advisory role"},{"label":"Role","value":"Chief Product Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}