Every 8-K that IAC Inc. (IAC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow IAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IAC filings page.
People Incorporated has reshaped both its leadership and governance. The company named Christopher Currier as Chief Accounting Officer, replacing long‑time executive Michael Schwerdtman, who is retiring from the role but will remain as an advisor through February 28, 2027. Currier receives a retention arrangement that accelerates vesting of certain restricted stock units if he is terminated without cause.
The company also entered into a Voting Agreement with Barry Diller, Diane von Furstenberg and Alexander von Furstenberg, who collectively control about 46.4% of the voting power. Any voting power they control above 48.5% must be cast in proportion to other shareholders on most matters, and they are restricted from initiating written consents without an independent committee’s direction. In connection with this agreement, the board authorized repurchase of an additional ten million shares of People common stock, which may be bought back over time at the company’s discretion.
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.
IAC Inc., which is being renamed People Incorporated, updated its financial reporting after the expiration of its Google Services Agreement and the shutdown of its Search segment. The Google agreement, originally signed in 2015, was not renewed, was temporarily extended to April 30, 2026, and then expired, at which point Search operations ceased.
The company has now classified the Search segment as discontinued operations for all periods before April 30, 2026, consistent with ASC 205. It also presents Angi and Care.com as discontinued operations following the March 31, 2025 spin-off of Angi and the March 16, 2026 sale of Care.com. Supplemental tables on continuing operations revenue, operating income, depreciation, amortization, and Adjusted EBITDA have been posted on IAC’s investor website and furnished as an exhibit, with no other changes to reportable segments.
People Incorporated, formerly IAC Inc., has submitted a non-binding proposal to acquire all outstanding shares of MGM Resorts International that it does not already own for $48.30 per share in cash. The offer values MGM at a 24.1% premium to its 30-day volume-weighted average price, more than a 30% premium to the 90-day average, and a 10.6% premium to the most recent closing price. People Incorporated currently owns 26.1% of MGM’s outstanding common stock and expects to hold just over 50.1% of the equity in the post-transaction company, with other investors holding minority interests. The proposal is expressly non-binding and subject to negotiation of definitive agreements, completion of confirmatory due diligence, financing arrangements with no financing condition, and required competition and gaming regulatory approvals.
IAC Inc. reported Q1 2026 results and detailed its transition to a streamlined structure centered on People Inc. and its stake in MGM Resorts International. Revenue fell to $422.9 million from $481.7 million, and the company posted an operating loss of $40.1 million versus income of $24.1 million a year earlier. Net loss narrowed to $71.9 million, or $0.94 per diluted share, compared with a $216.8 million loss, helped by a $34.0 million unrealized gain on MGM versus a large prior-year loss.
People Inc. Digital revenue grew 8% to $253.2 million, with Digital operating income up 56% to $27.8 million and Adjusted EBITDA up 20% to $49.9 million. Print revenue declined 16%, and Search revenue dropped 76% as IAC moves to cease Search operations, which will be treated as discontinued from Q2 2026. Emerging & Other revenue rose 10%, and these businesses swung to Adjusted EBITDA profit of $4.2 million.
IAC is consolidating corporate functions into People Inc., targeting about $40 million in annual run-rate operating expense savings and $20–$25 million less stock-based compensation, and expects $14 million of severance and related expenses in 2026. The company plans to rename itself People Incorporated and trade under Nasdaq: PPLI on or before its Q2 2026 earnings release. IAC repurchased 2.9 million shares for $111 million, bought 1.0 million additional MGM shares for $37 million and completed the sale of Care.com for net proceeds of $296 million, ending March 31, 2026 with $1.1 billion in cash and cash equivalents and $1.4 billion in long-term debt.
IAC Inc. is rebranding as People Incorporated as it sharpens its focus on its People Inc. publishing business and its investment in MGM Resorts International. The name change is expected around the company’s Q2 2026 earnings in August.
To support this shift, the company has launched a consolidation plan that combines corporate functions with People through workforce reductions, technology integrations and other measures. The plan is expected to generate approximately $40 million in annual run-rate cost savings, with total anticipated costs of about $63 million, including $14 million of severance, $48 million of non-cash stock-based compensation and up to $1 million of other costs, and is expected to be completed by Q1 2027.
Leadership will also change: in connection with the plan, Executive Vice President, COO and CFO Christopher Halpin and Executive Vice President and Chief Legal Officer Kendall Handler will depart following the Q2 2026 Form 10-Q, while People CEO Neil Vogel is expected to become CEO of the company and People CFO Tim Quinn is expected to become CFO. Transition agreements provide each departing executive with one year of base salary, a discretionary 2026 bonus and full vesting of outstanding unvested equity awards upon specified qualifying termination events.
IAC Inc. entered into a Voting Agreement with MGM Resorts International and Barry Diller governing how IAC’s large MGM stake is voted and how board representation is handled. As of the agreement date, IAC beneficially owns 66,822,350 MGM common shares.
Any MGM voting securities held by IAC, Mr. Diller and their controlled affiliates that exceed 25.73% of MGM’s total voting power must be voted in the same proportion as other MGM stockholders on each matter. The agreement ends if the covered holders’ ownership falls below 17.5% of MGM voting securities, if the MGM board fails to nominate two qualified IAC‑designated directors, or upon a change of control at MGM. MGM must add IAC‑designated qualified directors within one month when fewer than two are serving, subject to regulatory approvals.
IAC Inc. furnished supplemental financial data after reorganizing how it reports certain businesses and completing the sale of Care.com. Effective January 1, 2026, the digital portion of a legacy agency business was moved from the Print segment to the Digital segment of Dotdash Meredith’s People Inc., and prior-period segment results were recast to match this structure.
The sale of Care.com on March 16, 2026 means its historical results are now shown as discontinued operations, so the tables present IAC on a continuing-operations basis. For 2025, IAC reported total revenue of $2,045,957 thousand and Adjusted EBITDA of $226,272 thousand, compared with revenue of $2,252,738 thousand and Adjusted EBITDA of $186,808 thousand in 2024.
IAC Inc. completed the previously announced sale of its wholly owned subsidiary Care.com, Inc. to Care Parent, LLC, an indirect wholly owned subsidiary of Pacific Avenue Capital Partners. The transaction fully transfers ownership of Care.com out of IAC’s corporate group.
The update is presented as an other event, indicating IAC has now closed the deal it had earlier agreed to under a stock purchase agreement.
IAC Inc. has agreed to sell all of the issued and outstanding shares of its wholly owned subsidiary Care.com, Inc. to an affiliate of Pacific Avenue Capital Partners for an all-cash gross purchase price of approximately $320 million, subject to adjustments. The stock purchase agreement is a corporate carve-out and does not include a financing condition for closing.
The transaction is expected to close in the first half of 2026, but cannot close before March 13, 2026, and is subject to customary conditions such as regulatory clearance, accuracy of representations and warranties, and performance of covenants. Care.com has agreed to operate in the ordinary course until closing, and the agreement includes standard termination rights if closing conditions are not met.
IAC highlights that the sale supports its plan to sharpen strategic focus on People Inc. and its MGM stake while monetizing non-core holdings to simplify its portfolio and enhance financial flexibility. Care.com is described as a profitable, trusted brand in the roughly $400 billion family care market, positioned for further growth as an independent company under Pacific Avenue’s ownership.
IAC Inc. furnished audited 2023–2025 financial statements for its wholly owned publishing subsidiary Dotdash Meredith Inc., now branded People Inc. For 2025, People Inc. generated revenue of $1.76 billion, slightly below 2024’s $1.78 billion, but swung to net earnings of $62.5 million from a $12.0 million loss.
Operating income rose to $212.6 million from $106.9 million as total operating costs declined, including sharply lower amortization and depreciation. Total assets were $3.0 billion and shareholder’s equity $968.4 million at December 31, 2025, with long-term debt of $1.44 billion.
Cash from operations was $120.0 million in 2025, with modest positive investing cash flow and net financing outflows driven by term loan repayments and issuance of $400 million of 7.625% senior secured notes due 2032. Ernst & Young LLP issued an unqualified audit opinion on the 2023–2025 financials.
IAC Inc. furnished an update that it has released its financial results for the quarter ended December 31, 2025. The company posted a full earnings press release on its investor relations website and attached it as Exhibit 99.1.
IAC also made an investor presentation available in connection with its earnings call, accessible on the same investor relations page and furnished as Exhibit 99.2. These materials are provided for information purposes and are not treated as filed financial statements under securities laws.
IAC Inc. reports that Google LLC has delivered a notice of non-renewal of their Google Services Agreement, which supplies paid listings to IAC's Search segment. The agreement remains in place until March 31, 2026, but the one-year automatic extension that would have run through March 31, 2027 has been eliminated.
Google has indicated it expects to propose revised terms for a new agreement to take effect after the current one expires, although there is no certainty that new terms will be offered or entered into. All revenue attributable to the existing Services Agreement is recognized within the Search segment, which generated $183.9 million of Revenue and $10.0 million of Operating Income for the nine-month period ended September 30, 2025. Other advertising revenue that IAC earns from Google outside this agreement is not affected by the notice.
IAC Inc. furnished a Regulation FD disclosure providing lenders the consolidated financial statements of its subsidiary Dotdash Meredith Inc. (rebranded as People Inc.). Exhibit 99.1 includes the consolidated balance sheet as of September 30, 2025 and December 31, 2024, and consolidated statements of operations, comprehensive operations, shareholders’ equity, and cash flows for the three and nine months ended September 30, 2025 and 2024. The information is being furnished, not filed.
The filing also notes the capital structure context: on June 16, 2025, the successor borrower closed an offering of $400 million aggregate principal amount of 7.625% Senior Secured Notes due 2032 and entered related amendments to its credit and security agreements. The subsidiary will provide these financial statements to the administrative agent and lenders pursuant to the amended credit agreement and indenture.
IAC Inc. furnished an update announcing it released results for the quarter ended September 30, 2025. The company posted a press release and an investor presentation on its Investor Relations site, also furnished as Exhibits 99.1 and 99.2.
The materials were provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). The information, including Exhibits 99.1 and 99.2, is being furnished and is not deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference, except as expressly set forth by specific reference.
IAC Inc. filed a Form 8-K on 4 Aug 2025 to furnish materials related to its results for the quarter ended 30 Jun 2025.
The company states that a detailed press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2) have been posted to the Investor Relations page and are furnished under Items 2.02 and 7.01. The filing clarifies that the exhibits are not deemed “filed” for Exchange Act purposes, limiting associated liabilities, and that no financial statements or quantitative metrics are included within the 8-K itself. Aside from routine securities-law boilerplate, the document contains no other substantive disclosures.
IAC held its 2025 Annual Meeting of Stockholders on June 18, 2025, where shareholders voted on three key proposals. The company had 73,914,474 shares of common stock and 5,789,499 shares of Class B common stock eligible to vote as of the record date.
Key outcomes include:
- Election of twelve Board members, with notable directors including Chelsea Clinton, Barry Diller, and Michael D. Eisner. Most directors received strong support, though David Rosenblatt faced higher withhold votes at 20.5 million
- Approval of the 2024 executive compensation package in a non-binding advisory vote, with 115.5 million votes in favor versus 2.3 million against
- Ratification of Ernst & Young LLP as the independent auditor for fiscal 2025, receiving overwhelming support with 124.2 million votes in favor
The voting results demonstrate strong shareholder support for management's proposals, with all items passing by significant margins. The Class B shares, carrying ten votes per share, continue to provide significant voting influence in corporate decisions.