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  4. [Form 3] People Inc Initial Statement of Beneficial Ownership

People Inc (PPLI) CFO holds 3 RSU grants vesting 2027–2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

People Inc (ticker PPLI) reports that its Chief Financial Officer, Timothy Edward Quinn, holds three awards of Restricted Stock Units (RSUs), each representing a contingent right to receive one share of common stock. The RSUs cover 51,404, 63,509, and 15,728 underlying shares of common stock, all held directly. These awards vest in scheduled installments between February 4, 2027 and March 1, 2029, in some cases in two equal installments and in another case in three equal installments, each vesting remaining subject to continued service.

Positive

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Negative

  • None.
Insider Quinn Timothy Edward
Role Chief Financial Officer
Type Security Shares Price Value
holding Restricted Stock Units F2, F1 -- -- --
holding Restricted Stock Units F2, F3 -- -- --
holding Restricted Stock Units F2, F4 -- -- --
Holdings After Transaction: Restricted Stock Units — 130,641 shares (Direct)
Footnotes (4)
  1. F1. Represents restricted stock units ("RSUs") that vest in two installments on each of March 1, 2027 and 2028, subject to continued service.
  2. F2. Each RSU represents a contingent right to receive one share of Issuer common stock.
  3. F3. Represents RSUs that vest in three equal installments on each of February 4, 2027, 2028 and 2029, subject to continued service.
  4. F4. Represents RSUs that vest in two equal installments on each of March 1, 2027 and 2028, subject to continued service.
RSU underlying shares 1 51,404 shares Restricted Stock Units linked to common stock, held directly by Timothy Edward Quinn
RSU underlying shares 2 63,509 shares Restricted Stock Units linked to common stock, held directly by Timothy Edward Quinn
RSU underlying shares 3 15,728 shares Restricted Stock Units linked to common stock, held directly by Timothy Edward Quinn
First vesting dates March 1, 2027; February 4, 2027 Initial vesting dates for the reported RSU awards, subject to continued service
Final vesting date February 4, 2029 Last scheduled vesting installment for one RSU award, subject to continued service
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") that vest in two installments"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
par value financial
"Common Stock, par value $0.0001"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
continued service financial
"vest in three equal installments ... subject to continued service"

FAQ

What insider position does Timothy Edward Quinn hold at People Inc (PPLI)?
Timothy Edward Quinn is reported as the Chief Financial Officer of People Inc (PPLI). The filing identifies him as an officer, specifying his title as Chief Financial Officer, and reports his direct holdings of restricted stock units linked to common stock.

What types of securities does the People Inc (PPLI) Form 3 report for Timothy Edward Quinn?
The Form 3 for People Inc (PPLI) reports holdings of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of People Inc common stock, par value $0.0001, subject to the stated vesting schedules and continued service.

How many underlying shares are covered by Timothy Edward Quinn’s RSUs at People Inc (PPLI)?
The reported RSU awards cover 51,404, 63,509, and 15,728 underlying shares of People Inc common stock. These counts are reported as separate direct holdings, each associated with its own vesting schedule and service-based vesting conditions.

When do Timothy Edward Quinn’s RSUs at People Inc (PPLI) vest?
The RSUs vest between February 4, 2027 and March 1, 2029. One award vests in two installments on March 1, 2027 and 2028, another in two equal installments on March 1, 2027 and 2028, and another in three equal installments on February 4, 2027, 2028, and 2029.

What conditions apply to the vesting of RSUs reported for PPLI’s CFO?
The vesting of the reported RSUs is subject to continued service. Each award’s installments vest only if Timothy Edward Quinn continues in service through the respective vesting dates, as specified in the vesting footnotes for the March 1 and February 4 schedules.

Does the People Inc (PPLI) Form 3 show any insider share purchases or sales?
The Form 3 reports holdings of RSUs but does not show any buy or sell transactions. The entries are classified as holdings of restricted stock units rather than acquisitions or dispositions of common shares in market or issuer transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Quinn Timothy Edward
(Last)(First)(Middle)
C/O PEOPLE INCORPORATED
555 WEST 18TH STREET
(Street)
NEW YORK NEW YORK 10011
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
08/05/2026		3. Issuer Name and Ticker or Trading Symbol
People Inc [ PPLI ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1) (1)Common Stock, par value $0.000151,404(2)D
Restricted Stock Units (3) (3)Common Stock, par value $0.000163,509(2)D
Restricted Stock Units (4) (4)Common Stock, par value $0.000115,728(2)D
Explanation of Responses:
1. Represents restricted stock units ("RSUs") that vest in two installments on each of March 1, 2027 and 2028, subject to continued service.
2. Each RSU represents a contingent right to receive one share of Issuer common stock.
3. Represents RSUs that vest in three equal installments on each of February 4, 2027, 2028 and 2029, subject to continued service.
4. Represents RSUs that vest in two equal installments on each of March 1, 2027 and 2028, subject to continued service.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Jennifer Bishop as Attorney-in-Fact for Timothy Quinn08/17/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR