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People Inc (PPLI) director granted 352 deferred stock units as compensation

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

Rhea-AI Filing Summary

People Inc director Lourd Bryan received additional stock-based compensation. On the reported date, Bryan acquired 352 shares of Common Stock at a value of $46.16 per share through a grant classified as a non-derivative award. Following this grant, Bryan directly holds 204,250 shares. A footnote explains these represent share units accrued under the Non-Employee Director Deferred Compensation Plan, indicating this is a routine, compensation-related accrual rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity accrual through deferred compensation plan.

Director Lourd Bryan received 352 common share units valued at $46.16 each, tied to a Non-Employee Director Deferred Compensation Plan. The transaction is coded as an acquisition grant, not an open-market trade.

After this award, Bryan directly holds 204,250 shares. Because this is routine deferred compensation with no indicated market transaction or 10b5-1 trading activity, it typically carries limited signaling value for investors and mainly reflects ongoing equity-based board compensation.

Insider Lourd Bryan
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.0001 352 $46.16 $16K
Holdings After Transaction: Common Stock, par value $0.0001 — 204,250 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 352 shares Non-derivative stock grant to director Lourd Bryan
Grant reference price $46.16 per share Value per share unit for the 352-share grant
Shares held after transaction 204,250 shares Total direct holdings of Lourd Bryan after the grant
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"
Common Stock, par value $0.0001 financial
"security_title: Common Stock, par value $0.0001"
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Form 4 Insider Transactions: What Each Field Means →
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*
Lourd Bryan
(Last)(First)(Middle)
C/O CAA
2000 AVENUE OF THE STARS
(Street)
LOS ANGELES CALIFORNIA 90067
(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)06/30/2026A352A$46.16204,250D
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 Bryan Lourd07/01/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did People Inc director Lourd Bryan acquire in this Form 4 filing for PPLI?

Lourd Bryan acquired 352 share units of People Inc common stock as a grant under a Non-Employee Director Deferred Compensation Plan, at a reference value of $46.16 per share, increasing his direct holdings to 204,250 shares after the transaction.

Was Lourd Bryan’s People Inc (PPLI) Form 4 transaction an open-market buy or sell?

The Form 4 reports a grant or award acquisition, not an open-market trade. The 352 share units were accrued under a Non-Employee Director Deferred Compensation Plan, indicating routine equity compensation rather than a discretionary purchase or sale in the open market.

How many People Inc shares does Lourd Bryan hold after this reported grant?

After the reported grant, Lourd Bryan directly holds 204,250 shares of People Inc common stock. This total includes the newly acquired 352 share units accrued under the company’s Non-Employee Director Deferred Compensation Plan as of the date referenced in the Form 4 filing.

What does the Non-Employee Director Deferred Compensation Plan mean for PPLI insiders?

The Non-Employee Director Deferred Compensation Plan allows outside directors to accrue share units as part of their compensation. In this filing, Lourd Bryan’s 352 new share units reflect such accrued compensation, aligning director pay with shareholder interests by increasing equity exposure instead of using cash-only remuneration.

How is the transaction in Lourd Bryan’s People Inc Form 4 coded by the SEC?

The transaction is coded “A” for a grant, award, or other acquisition of non-derivative common stock. It is described as a grant/award acquisition of 352 share units at $46.16 per share, related to deferred director compensation, with no indication of a concurrent sale or option exercise.