People Inc director exercises 2,263 RSUs

People Inc director Richard F. Zannino exercised restricted stock units into common shares as part of his equity compensation.

Rhea-AI Filing Summary

People Inc director Richard F. Zannino exercised restricted stock units into common shares as part of his equity compensation. On June 18, 2026, 2,263 RSUs converted into the same number of common shares at a $0.0000 exercise price, with no open‑market purchase or sale involved.

Following the transaction, he directly holds 64,435 shares of common stock and 4,528 RSUs that continue to vest in equal installments on June 18, 2026, 2027, and 2028, subject to continued service.

Insider Trade Summary

2,263 shares exercised/converted

Exercise 2 txns

Insider ZANNINO RICHARD F

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,263	$0.00	$0.00
Exercise	Common Stock, par value $0.0001	2,263	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 4,528 contracts (Direct); Common Stock, par value $0.0001 — 64,435 shares (Direct)

Footnotes (2)

1. F1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs").
2. F2. Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service.

Key Figures

RSUs exercised: 2,263 units Exercise price: $0.0000 per share Common shares after transaction: 64,435 shares +2 more

5 metrics

RSUs exercised 2,263 units Converted to common stock on June 18, 2026

Exercise price $0.0000 per share RSU conversion price

Common shares after transaction 64,435 shares Directly held by Richard F. Zannino after exercise

RSUs remaining after transaction 4,528 units Restricted Stock Units still outstanding

RSU vesting schedule June 18, 2026, 2027, 2028 Equal installments subject to continued service

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, Common Stock, par value $0.0001, vesting

4 terms

Restricted Stock Units financial

"Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028"

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.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Common Stock, par value $0.0001 financial

"security_title: Common Stock, par value $0.0001"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did People Inc (IAC) director Richard F. Zannino report in this Form 4?

Richard F. Zannino reported the exercise of 2,263 restricted stock units into an equal number of People Inc common shares. This is a compensation-related equity conversion, not an open-market trade, and increases his directly held share count without showing any share sales.

How many People Inc (IAC) shares does Richard F. Zannino hold after the RSU exercise?

After the RSU exercise, Richard F. Zannino directly holds 64,435 shares of People Inc common stock. This reflects the addition of 2,263 shares from vested RSUs, with no reported sales, and provides context for the scale of this routine equity compensation event.

What happened to Richard F. Zannino’s restricted stock units in this People Inc (IAC) filing?

In this filing, 2,263 restricted stock units vested and converted into common shares at a $0.0000 exercise price. He still holds 4,528 RSUs, which are scheduled to vest in equal installments on June 18, 2026, 2027, and 2028, contingent on continued service.

Does this People Inc (IAC) Form 4 show any insider share sales?

The Form 4 does not show any open-market share sales. It reports a derivative exercise where 2,263 RSUs converted into common stock, increasing Richard F. Zannino’s holdings. All reported transactions are coded as exercises (M), not sales, and are compensation-related.

Is the RSU vesting for People Inc (IAC) director Richard F. Zannino time-based?

Yes, the RSU vesting is time-based and subject to continued service. The filing notes that the remaining RSUs vest in equal installments on June 18, 2026, 2027, and 2028, creating a multi-year equity compensation schedule tied to his ongoing role.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/23/2026 - 06:42 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

ZANNINO RICHARD F

(Last) (First) (Middle)

C/O CCMP CAPITAL ADVISORS, LLC

277 PARK AVENUE, 27TH FLOOR

(Street)

NEW YORK NEW YORK 10172

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001(1)	06/18/2026		M		2,263	A	$0	64,435	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	06/18/2026		M			2,263	(2)	(2)	Common Stock, par value $0.0001	2,263	$0	4,528	D

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 Richard Zannino	06/23/2026
	** Signature of Reporting Person	Date
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)