People Inc SEC Filings

IAC Inc. director Bryan Lourd reported an acquisition of 406 shares of common stock on a grant or award basis at an indicated value of $40.03 per share. Following this compensation-related award, his directly held position increased to 197,950 shares.

The filing notes that these holdings include 151,777 share units accrued under IAC’s Non-Employee Director Deferred Compensation Plan as of the report date, highlighting that a substantial portion of his interest is in deferred share units rather than only current stock.

Clinton Chelsea reported acquisition or exercise transactions in this Form 4 filing.

IAC Inc. director Chelsea Clinton reported receiving a grant of 156 shares of common stock as a non-employee director award, at a reference price of $40.03 per share. Following this grant, she directly holds 87,253 shares, including 35,415 share units accrued under the Non-Employee Director Deferred Compensation Plan.

Seferian Maria reported acquisition or exercise transactions in this Form 4 filing.

IAC Inc. director Maria Seferian reported receiving a grant of 312 share units of common stock on March 31, 2026 at a reference price of $40.03 per share. These units were accrued under the Non-Employee Director Deferred Compensation Plan. Following this award, her directly held common stock and share units total 7,524.

IAC Inc. filed Amendment No. 1 to its annual report to add the Part III information that had been deferred to the proxy statement. The amendment focuses on board composition, leadership structure, executive compensation philosophy, and detailed pay disclosures for top executives, without changing previously reported financial statements.

The filing describes the 12‑member board, of which nine directors are independent, and confirms key committees are fully independent. It explains the 2025 CEO transition, under which former CEO Joseph Levin left the role and board, forfeited a large performance stock award, and entered a six‑year consulting agreement. The amendment also outlines bonus decisions and new RSU grants for senior leaders, IAC’s stock ownership, clawback and trading policies, and the board’s approach to risk and cybersecurity oversight.

The Vanguard Group filed an amendment on Schedule 13G/A reporting zero beneficial ownership of Common Stock of IAC Inc. The filing explains an internal realignment effective January 12, 2026 that disaggregated certain subsidiaries and business divisions; the amendment is signed on 03/27/2026.

The filing lists Amount beneficially owned: 0 and Percent of class: 0%, and states no single other person holds more than 5% of the class. The Vanguard Group indicates affected subsidiaries pursue the same investment strategies as before the realignment.

IAC Inc. completed the previously announced sale of its wholly owned subsidiary Care.com, Inc. to Care Parent, LLC, an indirect wholly owned subsidiary of Pacific Avenue Capital Partners. The transaction fully transfers ownership of Care.com out of IAC’s corporate group.

The update is presented as an other event, indicating IAC has now closed the deal it had earlier agreed to under a stock purchase agreement.

IAC Inc. senior vice president and chief accounting officer Michael H. Schwerdtman reported equity award activity tied to restricted stock units. On February 28, 2026, 11,262 restricted stock units vested and were converted into an equal number of shares of common stock at no cost. To cover taxes due on this vesting, 4,384 shares of common stock were withheld at a price of $38.32 per share. After these transactions, he directly owned 35,621 shares of common stock and 11,262 restricted stock units. The remaining restricted stock units vest in two equal installments on February 28, 2026 and 2027, subject to continued service, and the unvested units have been adjusted to reflect IAC’s spin-off of its ownership in Angi Inc. via a special dividend.

IAC Inc. has agreed to sell all of the issued and outstanding shares of its wholly owned subsidiary Care.com, Inc. to an affiliate of Pacific Avenue Capital Partners for an all-cash gross purchase price of approximately $320 million, subject to adjustments. The stock purchase agreement is a corporate carve-out and does not include a financing condition for closing.

The transaction is expected to close in the first half of 2026, but cannot close before March 13, 2026, and is subject to customary conditions such as regulatory clearance, accuracy of representations and warranties, and performance of covenants. Care.com has agreed to operate in the ordinary course until closing, and the agreement includes standard termination rights if closing conditions are not met.

IAC highlights that the sale supports its plan to sharpen strategic focus on People Inc. and its MGM stake while monetizing non-core holdings to simplify its portfolio and enhance financial flexibility. Care.com is described as a profitable, trusted brand in the roughly $400 billion family care market, positioned for further growth as an independent company under Pacific Avenue’s ownership.

IAC Inc. is a diversified internet and media company built around two main operating segments, People Inc. (digital and print publishing) and Care.com, plus Search, Vivian Health, The Daily Beast, IAC Films and other emerging assets. People Inc. runs more than 40 brands such as PEOPLE, Better Homes & Gardens, Allrecipes, Investopedia and Travel + Leisure, monetized through digital and print advertising, performance marketing, licensing and subscriptions. Care.com connects families with caregivers and offers HomePay tax and payroll services and Care for Business employer programs. IAC also holds minority stakes in MGM Resorts International and Turo and a controlling stake in Vivian Health. The company highlights heavy reliance on Google for Search revenue, structural decline in print, rising competition and disruption from AI, and significant voting influence held by Chairman Barry Diller and his family. Angi was fully spun off on March 31, 2025 and is now reported as discontinued operations.