Director at People Inc (PPLI) receives 135 deferred share units award
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Share units granted: 135 share units
Grant reference price: $46.16 per share unit
Holdings after transaction: 93,336 shares and units
3 metrics
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
Key Terms
Non-Employee Director Deferred Compensation Plan, share units, Grant, award, or other acquisition
3 terms
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."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
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.