Welcome to our dedicated page for People SEC filings (Ticker: IAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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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.
People Inc director Maria Seferian reported a routine equity compensation event involving restricted stock units (RSUs). On June 18, 2026, 2,263 RSUs were exercised into the same number of shares of common stock, reflecting vesting of prior awards. After this transaction, she directly held 11,863 shares of common stock and 4,528 RSUs, of which the remaining RSUs are scheduled to vest in equal installments on June 18 of 2026, 2027, and 2028, subject to continued service.
People Inc director Alan G. Spoon acquired 2,263 shares of common stock through the vesting of restricted stock units at no cash cost per share. Following this compensation-related transaction, he holds 277,411 common shares directly and 15,000 shares indirectly through a Family LLC. He also has 4,528 restricted stock units outstanding, which are scheduled to vest in equal installments on June 18 of 2026, 2027, and 2028, subject to continued service.
People Inc director Richard F. Zannino exercised restricted stock units into common shares as part of his equity compensation. On June 18, 2026, 2,263 RSUs converted into the same number of common shares at a $0.0000 exercise price, with no open‑market purchase or sale involved.
Following the transaction, he directly holds 64,435 shares of common stock and 4,528 RSUs that continue to vest in equal installments on June 18, 2026, 2027, and 2028, subject to continued service.
Director David S. Rosenblatt reported routine equity compensation activity at IAC. On June 18, 2026, he acquired 2,263 shares of IAC common stock at a price of $0.00 per share upon the vesting of previously granted restricted stock units. Following this transaction, he directly holds 97,261 shares of common stock.
Rosenblatt also holds 4,528 restricted stock units (RSUs) after the event. According to the disclosure, these RSUs vest in equal installments on June 18, 2026, 2027, and 2028, and each installment is subject to his continued service with the company.
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.
Barry Diller filed Amendment No. 5 to his Schedule 13D on People Inc., updating his ownership and a new Voting Agreement. Assuming conversion of all Class B shares, he beneficially owns about 8.9% of People common stock and approximately 46.4% of total voting power. The Voting Agreement with Alexander and Diane von Furstenberg generally requires any voting power above a 48.5% threshold to be cast proportionally with other stockholders, with detailed carve-outs for separate class votes. The agreement ends if their group’s voting power falls below 30% or if a change of control occurs.
People Incorporated has reshaped both its leadership and governance. The company named Christopher Currier as Chief Accounting Officer, replacing long‑time executive Michael Schwerdtman, who is retiring from the role but will remain as an advisor through February 28, 2027. Currier receives a retention arrangement that accelerates vesting of certain restricted stock units if he is terminated without cause.
The company also entered into a Voting Agreement with Barry Diller, Diane von Furstenberg and Alexander von Furstenberg, who collectively control about 46.4% of the voting power. Any voting power they control above 48.5% must be cast in proportion to other shareholders on most matters, and they are restricted from initiating written consents without an independent committee’s direction. In connection with this agreement, the board authorized repurchase of an additional ten million shares of People common stock, which may be bought back over time at the company’s discretion.
People Incorporated, formerly IAC Inc., has officially changed its corporate name and Nasdaq ticker. Effective June 4, 2026, its common stock stopped trading under the symbol IAC and began trading under PPLI, while the existing CUSIP number remains the same and no shareholder action is required.
The company updated its Restated Certificate of Incorporation and Amended and Restated By-laws solely to reflect the new name and issued a press release describing the change. People Incorporated continues to own People Inc., a large portfolio of media brands, and a significant minority stake in MGM Resorts International.
IAC Inc., which is being renamed People Incorporated, updated its financial reporting after the expiration of its Google Services Agreement and the shutdown of its Search segment. The Google agreement, originally signed in 2015, was not renewed, was temporarily extended to April 30, 2026, and then expired, at which point Search operations ceased.
The company has now classified the Search segment as discontinued operations for all periods before April 30, 2026, consistent with ASC 205. It also presents Angi and Care.com as discontinued operations following the March 31, 2025 spin-off of Angi and the March 16, 2026 sale of Care.com. Supplemental tables on continuing operations revenue, operating income, depreciation, amortization, and Adjusted EBITDA have been posted on IAC’s investor website and furnished as an exhibit, with no other changes to reportable segments.