{"schema_version":"secwatch.filing_event.v1","accession":"0001639825-24-000056","form_type":"8-K","ticker":"PTON","cik":"0001639825","company_name":"PELOTON INTERACTIVE, INC.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.376497+00:00","generated_at":"2026-06-03T00:35:29.072480+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Peloton CEO Barry McCarthy steps down; Boone and Bruzzo named Interim Co-CEOs","bullets":["Barry McCarthy resigns as President, CEO and Board Director effective May 2, 2024; becomes strategic advisor through Dec 31, 2024.","McCarthy receives $50k/month for first 3 advisory months, then $5k/month, plus $3M stock option award and $1.25M separation cash.","Karen Boone (former Chairperson) and Chris Bruzzo (Board director) appointed Interim Co-CEOs effective May 2, 2024.","Jay Hoag named new Chairperson of Board; CEO search initiated.","Interim Co-CEOs Boone and Bruzzo each get $150k/month base salary and $450k RSUs vesting monthly over 3 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001639825-24-000056","json":"https://secwatch.observer/filing/0001639825-24-000056.json","markdown":"https://secwatch.observer/filing/0001639825-24-000056.md","text":"https://secwatch.observer/filing/0001639825-24-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/pton-20240427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:35:29.072480+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":"35c4192e30","claim":"Barry McCarthy changed role as President and Chief Executive Officer at PELOTON INTERACTIVE, INC..","evidence_excerpt":"Effective as of the close of business on May 2, 2024, Mr. McCarthy will transition from President and Chief Executive Officer (“CEO”) of the Company to a non-executive, strategic advisory role.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned from"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"3cd4bb6cb6","claim":"Barry McCarthy resigned as Class I director at PELOTON INTERACTIVE, INC..","evidence_excerpt":"On April 27, 2024, Barry McCarthy notified Peloton Interactive, Inc. (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”) as a Class I director, effective April 28, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Class I director"}],"fact_type":"executive_change"},{"claim_id":"9a891caa09","claim":"Karen Boone was appointed as Interim Co-Chief Executive Officer and co-President at PELOTON INTERACTIVE, INC..","evidence_excerpt":"On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Co-Chief Executive Officer and co-President"}],"fact_type":"executive_change"},{"claim_id":"bd51e3e300","claim":"Chris Bruzzo was appointed as Interim Co-Chief Executive Officer and co-President at PELOTON INTERACTIVE, INC..","evidence_excerpt":"On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Co-Chief Executive Officer and co-President"}],"fact_type":"executive_change"},{"claim_id":"fa53b60f1d","claim":"Jay Hoag was named as Chairperson of the Board at PELOTON INTERACTIVE, INC..","evidence_excerpt":"On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"named"},{"label":"Role","value":"Chairperson of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}