Michael D. Eisner receives stock grant at People Inc (IAC) and lifts holdings
Rhea-AI Filing Summary
People Inc director Michael D. Eisner reported an acquisition of company stock as compensation. He received a grant of 311 shares of Common Stock at $46.16 per share in a non-derivative, award-type transaction, increasing his direct holdings to 178,764 shares.
He also has 40,555 share units held indirectly through a trust, representing amounts accrued under the Non-Employee Director Deferred Compensation Plan as of the report date. The filing shows a routine compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insights
Routine director equity award, no open-market trading signal.
Director Michael D. Eisner received 311 shares of People Inc common stock at $46.16 per share as a grant or award. This is classified as a non-derivative, compensation-related acquisition, not a market purchase.
After this award, Eisner holds 178,764 shares directly and 40,555 share units indirectly through a trust under the Non-Employee Director Deferred Compensation Plan. With no buys or sells reported, this looks like standard board compensation with neutral informational value for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 | 311 | $46.16 | $14K |
| holding | Common Stock, par value $0.0001 | -- | -- | -- |
Footnotes (1)
- F1. Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
Key Figures
Key Terms
Non-Employee Director Deferred Compensation Plan financial
grant/award acquisition financial
indirect ownership financial
FAQ
What did Michael D. Eisner report in this Form 4 for IAC/People Inc?
What transaction code appears on Michael D. Eisner’s Form 4 for People Inc (IAC)?
How many total acquisition-type transactions are disclosed in this IAC Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.