Von Furstenberg (IAC) converts 2,263 RSUs into People Inc common stock

Rhea-AI Filing Summary

Alexander Von Furstenberg, a director of People Inc, exercised restricted stock units into common shares. On June 18, 2026, RSUs covering 2,263 shares of common stock vested and were converted at a price of $0.00 per share, a routine compensation-related event rather than an open-market trade.

Following this vesting, he directly holds 113,382 shares of common stock and 4,528 RSUs. The remaining RSUs are scheduled to vest in equal installments on June 18, 2026, 2027, and 2028, subject to continued service.

Insider Trade Summary

2,263 shares exercised/converted

Mixed 2 txns

Insider Von Furstenberg Alexander

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 — 113,382 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.

Key Figures

RSUs exercised: 2,263 shares Exercise price: $0.00 per share Shares held after: 113,382 shares +3 more

6 metrics

RSUs exercised 2,263 shares Restricted stock units converted to common stock on June 18, 2026

Exercise price $0.00 per share Price for RSU conversion to common stock

Shares held after 113,382 shares Common stock directly owned following June 18, 2026 transaction

RSUs remaining 4,528 units Restricted stock units outstanding after the reported vesting

Vesting installments 3 dates Equal RSU vesting on June 18 of 2026, 2027, 2028

Exercise transactions 1 non-derivative, 1 derivative Paired RSU-to-share conversion reported in Form 4

Key Terms

Restricted Stock Units, vest, derivative exercise/conversion, Common Stock

4 terms

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.

vest financial

"Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

derivative exercise/conversion financial

"transaction_action: derivative exercise/conversion for RSUs into common stock"

Common Stock financial

"Common Stock, par value $0.0001 reported as underlying security"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 06:42 PM Accepted by SEC EDGAR 06/23/2026 - 06:42 PM 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^*

Von Furstenberg Alexander

(Last) (First) (Middle)

C/O ARROW FINANCE

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)

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	113,382	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 Alex von Furstenberg	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)

FAQ

What did Alexander Von Furstenberg do in this Form 4 for IAC?

Alexander Von Furstenberg reported the vesting and exercise of restricted stock units into 2,263 common shares. This is a compensation-related derivative exercise, not an open-market purchase or sale, and reflects stock being delivered under previously granted equity awards.

How many People Inc common shares does Von Furstenberg hold after this transaction?

After the RSU vesting on June 18, 2026, Von Furstenberg directly holds 113,382 shares of common stock. This figure represents his updated direct ownership reported in the filing following conversion of 2,263 restricted stock units into common shares.

How many restricted stock units does Von Furstenberg still have after the June 18, 2026 vesting?

Following the June 18, 2026 transaction, Von Furstenberg has 4,528 restricted stock units outstanding. These remaining RSUs are scheduled to vest in equal installments over future years, subject to his continued service with the company.

Is this Form 4 transaction for IAC an open-market buy or sell of shares?

No, the Form 4 reflects a derivative exercise of restricted stock units into shares at $0.00 per share. It is a compensation-related vesting event, not an open-market purchase or sale, and therefore carries a different information signal for investors.

What is the vesting schedule for Von Furstenberg’s remaining RSUs at People Inc?

The remaining restricted stock units vest in equal installments on June 18, 2026, June 18, 2027, and June 18, 2028. Each vesting tranche is subject to Von Furstenberg’s continued service, aligning his compensation with multi-year company performance.