Director Michael Eisner acquires 2,263 shares at People Inc (IAC)

Rhea-AI Filing Summary

Director Michael D. Eisner of People Inc reported a routine equity award vesting. On June 18, 2026, restricted stock units converted into 2,263 shares of common stock at $0.0000 per share, reflecting compensation rather than an open-market purchase.

After this exercise, he directly holds 178,453 shares of common stock and 4,528 remaining RSUs. He also indirectly holds 40,555 shares through a trust where he serves as trustee. The remaining RSUs vest in equal installments on June 18 of 2026, 2027, and 2028, subject to continued service.

Insider Trade Summary

2,263 shares exercised/converted

Mixed 3 txns

Insider EISNER MICHAEL D

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	--
holding	Common Stock, par value $0.0001	--	--	--

Holdings After Transaction: Restricted Stock Units — 4,528 shares (Direct, null); Common Stock, par value $0.0001 — 178,453 shares (Direct, null); Common Stock, par value $0.0001 — 40,555 shares (Indirect, Through a trust, of which the reporting person is trustee)

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: $0.0000 per share Direct common shares after: 178,453 shares +3 more

6 metrics

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

Exercise price $0.0000 per share Price for RSUs converting into common stock

Direct common shares after 178,453 shares Common stock directly owned following transactions

Indirect trust holdings 40,555 shares Common stock held through a trust where Eisner is trustee

Remaining RSUs 4,528 units Restricted stock units outstanding after the reported exercise

RSU vesting schedule 3 equal installments Vesting on June 18 of 2026, 2027, and 2028

Key Terms

Restricted Stock Units, derivative security, trustee

3 terms

Restricted Stock Units financial

"Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs")."

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

"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.

trustee financial

"Through a trust, of which the reporting person is trustee"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

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Form 4 Insider Transactions: What Each Field Means →

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^*

EISNER MICHAEL D

(Last) (First) (Middle)

C/O THE TORNANTE COMPANY, LLC

233 SOUTH BEVERLY DRIVE, 2ND FLOOR

(Street)

BEVERLY HILLS CALIFORNIA 90212

(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	178,453	D
Common Stock, par value $0.0001								40,555	I	Through a trust, of which the reporting person is trustee

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 Michael Eisner	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 insider transaction did Michael D. Eisner report for People Inc (IAC)?

Michael D. Eisner reported the vesting and exercise of restricted stock units into 2,263 shares of People Inc common stock at a price of $0.0000 per share. This reflects equity compensation, not an open-market stock purchase or sale.

How many People Inc (IAC) shares does Michael D. Eisner hold after this Form 4?

Following the June 18, 2026 transaction, Michael D. Eisner directly holds 178,453 shares of People Inc common stock. He also has 40,555 shares held indirectly through a trust where he is trustee, plus 4,528 remaining restricted stock units.

Was Michael D. Eisner’s People Inc (IAC) transaction a market buy or sell?

The transaction was not a market buy or sell. Restricted stock units converted into 2,263 common shares at $0.0000 per share, reflecting an exercise of equity awards as compensation rather than an open-market purchase or disposal of existing shares.

What are the vesting terms of Michael D. Eisner’s remaining People Inc (IAC) RSUs?

His remaining 4,528 restricted stock units vest in equal installments on June 18 of 2026, 2027, and 2028, subject to continued service. Each vesting date delivers additional People Inc common shares if he continues meeting service conditions.

How many People Inc (IAC) shares does Michael D. Eisner hold indirectly?

He indirectly holds 40,555 People Inc common shares through a trust for which he serves as trustee. These shares are reported as indirect ownership, separate from his 178,453 directly held shares and his 4,528 outstanding restricted stock units.

What does the $0.0000 price on Michael D. Eisner’s People Inc (IAC) Form 4 mean?

The $0.0000 price indicates the RSUs converted to common shares without cash payment, consistent with typical restricted stock unit vesting. It shows the shares were received as part of equity compensation, not bought on the open market.