Peloton Redesigns Executive Pay, Cuts Base Salaries and Shifts to Performance Bonuses
Peloton's Compensation Committee approved a redesign of its leadership team pay program on September 14, 2025, shifting pay toward performance-linked cash bonuses and performance-based stock awards over a two-year transition beginning in fiscal 2026. The filing also adopts stock ownership guidelines requiring executives and directors to hold company stock, which may affect how leadership pay relates to shareholder returns.
Key points
- Annual base salary set at $850,000 for the rest of fiscal 2026 and $635,000 for fiscal 2027 for affected leadership team members.
- Annual cash bonus targets are 20% of pro-rated base salary in fiscal 2026 and 60% of base salary in fiscal 2027, with payouts ranging from 0% to 200% of target.
- Beginning fiscal 2026, long-term incentive awards consist of 70% time-based RSUs and 30% performance-based PSUs.
- Stock ownership guidelines apply to executive officers and non-employee directors, with a five-year period to meet the required level.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.