STOCK TITAN

IAC (IAC) director gains shares as RSUs vest and retains 97,261 total

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Director David S. Rosenblatt reported routine equity compensation activity at IAC. On June 18, 2026, he acquired 2,263 shares of IAC common stock at a price of $0.00 per share upon the vesting of previously granted restricted stock units. Following this transaction, he directly holds 97,261 shares of common stock.

Rosenblatt also holds 4,528 restricted stock units (RSUs) after the event. According to the disclosure, these RSUs vest in equal installments on June 18, 2026, 2027, and 2028, and each installment is subject to his continued service with the company.

Positive

  • None.

Negative

  • None.
Insider ROSENBLATT DAVID S
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 2,263 $0.00 --
Exercise Common Stock, par value $0.0001 2,263 $0.00 --
Holdings After Transaction: Restricted Stock Units — 4,528 shares (Direct, null); Common Stock, par value $0.0001 — 97,261 shares (Direct, null)
Footnotes (1)
  1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs"). Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service.
Shares acquired via RSU vesting 2,263 shares Common stock acquired on June 18, 2026 at $0.00 per share
Shares held after transaction 97,261 shares Total direct IAC common stock holding following Form 4 transactions
RSUs held after transaction 4,528 RSUs Restricted stock units remaining after June 18, 2026 event
RSU vesting dates June 18, 2026, 2027, 2028 RSUs vest in equal installments on each stated date
Exercise/vesting price $0.00 per share Price per share for common stock acquired from RSU vesting
Derivative exercises reported 1 exercise, 2 derivative-related entries Form 4 transactionSummary shows 1 exercise covering 2,263 shares
Restricted Stock Units financial
"Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Transaction code description notes an Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs")."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"RSUs vest in equal installments ... in 2026, 2027, and 2028 subject to continued service."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ROSENBLATT DAVID S

(Last)(First)(Middle)
C/O PEOPLE INCORPORATED
555 WEST 18TH STREET

(Street)
NEW YORK NEW YORK 10011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
People Inc [ PPLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001(1)06/18/2026M2,263A$097,261D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$006/18/2026M2,263 (2) (2)Common Stock, par value $0.00012,263$04,528D
Explanation of Responses:
1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs").
2. Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service.
Remarks:
/s/ Kendall Handler as Attorney-In-Fact for David Rosenblatt06/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did David S. Rosenblatt report in this IAC (IAC) Form 4 filing?

David S. Rosenblatt reported acquiring 2,263 shares of IAC common stock through vesting of restricted stock units. The transaction was a derivative exercise at $0.00 per share, reflecting routine equity compensation rather than an open-market stock purchase or sale.

How many IAC shares does David S. Rosenblatt hold after this Form 4 transaction?

After the reported transaction, David S. Rosenblatt directly holds 97,261 shares of IAC common stock. This figure represents his post-transaction ownership and helps investors see the scale of his equity stake following the vesting-related acquisition of additional shares.

What is the size and structure of David S. Rosenblatt’s RSU holdings at IAC?

Rosenblatt holds 4,528 restricted stock units (RSUs) at IAC after this filing. These RSUs vest in three equal installments on June 18, 2026, 2027, and 2028, providing a staggered equity compensation schedule tied to his ongoing service.

Was the IAC Form 4 transaction an open-market buy or sell of shares?

The transaction was not an open-market buy or sell. It reflects the exercise or conversion of a derivative security, specifically restricted stock units vesting into common shares at $0.00 per share, which is typical for equity compensation awards to directors or executives.

What do the vesting conditions on David S. Rosenblatt’s IAC RSUs require?

The RSUs reported for David S. Rosenblatt vest in equal installments on June 18, 2026, 2027, and 2028, subject to his continued service. This means he must remain in his role through each date to receive the corresponding portion of the RSU award.