People Inc (IAC) director gains 2,263 shares as RSUs vest and lifts stake

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

People Inc director Bonnie S. Hammer acquired 2,263 shares of common stock on June 18, 2026 through the vesting of restricted stock units. This compensation-related event came at a price of $0.00 per share and did not involve any open-market buying or selling.

After the vesting, Hammer directly holds 40,669 shares of common stock. She also retains 4,528 restricted stock units, which are scheduled to vest in equal installments on June 18 of 2026, 2027, and 2028, subject to continued service with the company.

Insider Trade Summary

2,263 shares exercised/converted

Mixed 2 txns

Insider Hammer Bonnie S

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 — 40,669 shares (Direct, null)

Footnotes (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

Shares acquired via RSU vesting: 2,263 shares Common shares after transaction: 40,669 shares Remaining restricted stock units: 4,528 RSUs +1 more

4 metrics

Shares acquired via RSU vesting 2,263 shares Common stock from restricted stock units on June 18, 2026

Common shares after transaction 40,669 shares Direct People Inc common stock holdings post-transaction

Remaining restricted stock units 4,528 RSUs Unvested RSUs scheduled to vest 2026–2028, subject to service

Transaction price per share $0.00 per share Conversion price for RSUs into common stock

Key Terms

Restricted Stock Units, derivative security, vest in equal installments, continued service

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vest in equal installments financial

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

continued service financial

"RSUs that vest in equal installments ... subject to continued service."

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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

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^*

Hammer Bonnie S

(Last)

(First)

(Middle)

C/O PEOPLE INCORPORATED

555 WEST 18TH STREET

(Street)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001⁽¹⁾	06/18/2026		M		2,263	A	$0	40,669	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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 Bonnie Hammer	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Bonnie S. Hammer report at IAC (PPLI)?

Bonnie S. Hammer reported acquiring 2,263 shares of People Inc common stock via vesting of restricted stock units. The shares were issued at $0.00 per share as part of equity compensation, not an open-market trade, and increased her direct holdings.

Did Bonnie S. Hammer buy or sell IAC (PPLI) shares on the market?

She did not buy or sell shares on the open market. The Form 4 shows a derivative exercise, where 2,263 restricted stock units vested into common shares at $0.00 per share as part of her equity compensation package.

How many People Inc shares does Bonnie S. Hammer hold after this Form 4?

Following the RSU vesting, Bonnie S. Hammer directly holds 40,669 shares of People Inc common stock. This total reflects the additional 2,263 shares acquired through the derivative exercise on June 18, 2026, as disclosed in the filing.

What restricted stock units does Bonnie S. Hammer still hold at IAC (PPLI)?

After the transaction, she holds 4,528 restricted stock units. According to the disclosure, these RSUs are scheduled to vest in equal installments on June 18 of 2026, 2027, and 2028, conditioned on her continued service with the company.

What does transaction code M mean in Bonnie S. Hammer’s Form 4?

Transaction code M indicates the exercise or conversion of a derivative security. In this case, 2,263 restricted stock units converted into an equal number of People Inc common shares at $0.00 per share as part of her equity compensation.