People Incorporated (Nasdaq: PPLI) adopts new name and ticker, replacing IAC
Rhea-AI Filing Summary
People Incorporated, formerly IAC Inc., has officially changed its corporate name and Nasdaq ticker. Effective June 4, 2026, its common stock stopped trading under the symbol IAC and began trading under PPLI, while the existing CUSIP number remains the same and no shareholder action is required.
The company updated its Restated Certificate of Incorporation and Amended and Restated By-laws solely to reflect the new name and issued a press release describing the change. People Incorporated continues to own People Inc., a large portfolio of media brands, and a significant minority stake in MGM Resorts International.
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8-K Event Classification
Key Figures
Key Terms
Certificate of Amendment regulatory
Restated Certificate of Incorporation regulatory
Amended and Restated By-laws regulatory
CUSIP number financial
Nasdaq Global Select Market market
significant minority stake financial
UNITED STATES
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Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Effective 12:01 AM Eastern Time on June 4, 2026, IAC Inc., a Delaware corporation (the “Company”), changed its name from IAC Inc. to People Incorporated (the “Name Change”) pursuant to a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Restated Certificate of Incorporation. The full text of the Certificate of Amendment is attached as Exhibit 3.1 hereto and is incorporated herein by reference.
There were no other changes to the Company’s Restated Certificate of Incorporation in connection with the Name Change. In connection with the Name Change, the Company’s common stock, par value $0.0001 per share (the “Common Stock”), will cease trading under the ticker symbol “IAC” and will begin trading under the ticker symbol “PPLI” on The Nasdaq Stock Market LLC (Nasdaq Global Select Market), effective June 4, 2026. The CUSIP number for the Common Stock will remain 44891N 208.
The Company also amended its Amended and Restated By-laws (the “Amended and Restated By-laws”) to reflect the Name Change. The full text of the Amended and Restated By-laws is attached hereto as Exhibit 3.2 and is incorporated herein by reference.
On June 4, 2026, the Company issued a press release with respect to the Name Change. The press release is attached as Exhibit 99.1 hereto.
Item 9.01. Financial Statements and Exhibits.
Exhibits.
| Exhibit No. | Description |
| 3.1 | Certificate of Amendment of Restated Certificate of Incorporation of People Incorporated (formerly IAC Inc.). |
| 3.2 | Amended and Restated By-laws of People Incorporated (formerly IAC Inc.). |
| 99.1 | Press Release of People Incorporated (formerly IAC Inc.), dated June 4, 2026. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| People Incorporated | ||
| By: | /s/ Kendall Handler | |
| Name: | Kendall Handler | |
| Title: | Executive Vice President, Chief Legal Officer & Secretary | |
Date: June 4, 2026
Exhibit 99.1
IAC is Now People Incorporated with New Ticker Symbol
Shares will begin trading under new Nasdaq stock symbol “PPLI” effective at market open today
NEW YORK—June 4, 2026—Today People Incorporated, formerly IAC (Nasdaq: IAC), announced its legal name change and that the Company’s common stock, listed on the Nasdaq Capital Market, will begin trading under the new ticker symbol PPLI, effective at market open today June 4, 2026. People Incorporated is the public entity that owns America’s largest publisher People Inc., and a significant minority stake in MGM Resorts International.
The planned name change was previously announced in a Letter to Shareholders on April 28, 2026.
The ticker change takes effect on June 4, 2026. No action is required by shareholders. The Company’s common stock will continue to trade on the Nasdaq and its CUSIP number will remain unchanged. Investors can visit ir.people-incorporated.com for further company information.
About People Incorporated
People Incorporated (Nasdaq: PPLI) is the owner of America’s largest publisher, People Inc., home to more than 40 celebrated brands including PEOPLE, Food & Wine, Travel + Leisure, InStyle, Better Homes & Gardens, and Southern Living, attracting a total of 175 million consumers each month. The company also holds a significant minority stake in MGM Resorts International, reflecting our belief in the power and potential of businesses built around enduring consumer brands and iconic, real-world experiences.
People Incorporated represents the latest evolution in a long tradition of entrepreneurial ownership, disciplined capital allocation, and opportunistic value creation. Over three decades, the company has built, operated, invested in, and spun off many of the internet and media industry’s defining businesses, and that same spirit of opportunism drives us today. People Incorporated is headquartered in New York City. Visit ir.people-incorporated.com.
Contact Us
People Incorporated Investor Relations
Mark Schneider
(212) 314-7400
People Incorporated Corporate Communications
Valerie Combs
(212) 314-7251