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Director at People Inc (PPLI) receives 135 deferred share units award

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

Rhea-AI Filing Summary

People Inc director Clinton Chelsea reported receiving 135 share units of common stock valued at $46.16 per unit. The award was accrued under the Non-Employee Director Deferred Compensation Plan and is classified as a grant or other acquisition, not an open-market purchase. Following this award, Chelsea directly holds 93,336 common shares and units in total.

Positive

  • None.

Negative

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Insider Clinton Chelsea
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.0001 135 $46.16 $6K
Holdings After Transaction: Common Stock, par value $0.0001 — 93,336 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Share units granted 135 share units Grant under Non-Employee Director Deferred Compensation Plan
Grant reference price $46.16 per share unit Reported transaction price per unit
Holdings after transaction 93,336 shares and units Total direct ownership following award
Non-Employee Director Deferred Compensation Plan financial
"Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report."
share units financial
"Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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*
Clinton Chelsea

(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)
06/30/2026
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)06/30/2026A135A$46.1693,336D
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
Explanation of Responses:
1. Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
Remarks:
/s/ Kendall Handler as Attorney-In-Fact for Chelsea Clinton07/01/2026
** 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 People Inc (PPLI) director Clinton Chelsea report on this Form 4?

Clinton Chelsea reported receiving 135 share units of People Inc common stock. The units were granted as part of director compensation and accrued under the Non-Employee Director Deferred Compensation Plan, rather than being bought in the open market.

Was the People Inc (PPLI) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant, not a market purchase. The 135 share units were classified as a grant or award acquisition and accrued under the Non-Employee Director Deferred Compensation Plan as of the report date.

At what value were the 135 People Inc (PPLI) share units recorded?

The 135 share units were recorded at $46.16 per unit. This value is used for reporting the grant on the Form 4 and reflects the reference price for the compensation-related award to the director.

How many People Inc (PPLI) shares does Clinton Chelsea hold after this award?

After the 135 share unit grant, Clinton Chelsea directly holds 93,336 common shares and units of People Inc. This total includes the new award and represents Chelsea’s direct ownership position reported in this Form 4 filing.

What is the Non-Employee Director Deferred Compensation Plan at People Inc (PPLI)?

It is a plan allowing non-employee directors to receive compensation in deferred share units. The Form 4 notes that the 135 units represent share units accrued under this Non-Employee Director Deferred Compensation Plan as of the report date.