People Inc (PPLI) CEO details stock and 4 RSU award holdings
Rhea-AI Filing Summary
People Inc (ticker PPLI) reported initial equity holdings for Chief Executive Officer Neil Vogel. He directly holds 9,941 shares of Common Stock, par value $0.0001. He also holds several tranches of Restricted Stock Units (RSUs), each RSU representing a contingent right to receive one share of common stock, subject to continued service and specific vesting schedules.
One RSU award covers 80,377 underlying shares that vest in two installments on March 1, 2027 and 2028. A second covers 149,434 underlying shares vesting in three equal installments on February 4, 2027, 2028 and 2029. A third covers 163,908 underlying shares vesting in a lump sum on March 1, 2027. A fourth covers 24,592 underlying shares vesting in two equal installments on March 1, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Vogel Neil
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F2, F1 | -- | -- | -- |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Restricted Stock Units F2, F5 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 418,311 shares (Direct);
Common Stock, par value $0.0001 — 9,941 shares (Direct)
Footnotes (5)
- F1. Represents restricted stock units ("RSUs") that vest in two installments on each of March 1, 2027 and 2028, subject to continued service.
- F2. Each RSU represents a contingent right to receive one share of Issuer common stock.
- F3. Represents RSUs that vest in three equal installments on each of February 4, 2027, 2028 and 2029, subject to continued service.
- F4. Represents RSUs that vest in one lump sum installment on March 1, 2027, subject to continued service.
- F5. Represents RSUs that vest in two equal installments on each of March 1, 2027 and 2028, subject to continued service.
Key Figures
Direct common shares held: 9,941 shares
RSU underlying shares tranche 1: 80,377 shares
RSU underlying shares tranche 2: 149,434 shares
+2 more
5 metrics
Direct common shares held
9,941 shares
Common Stock, par value $0.0001, held directly by the CEO as of the reported date
RSU underlying shares tranche 1
80,377 shares
RSUs vesting in two installments on March 1, 2027 and 2028, subject to continued service
RSU underlying shares tranche 2
149,434 shares
RSUs vesting in three equal installments on February 4, 2027, 2028 and 2029, subject to continued service
RSU underlying shares tranche 3
163,908 shares
RSUs vesting in one lump sum installment on March 1, 2027, subject to continued service
RSU underlying shares tranche 4
24,592 shares
RSUs vesting in two equal installments on March 1, 2027 and 2028, subject to continued service
Key Terms
Restricted Stock Units, contingent right, continued service
3 terms
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"
continued service financial
"vest in two installments on each date, subject to continued service"
FAQ
What does People Inc (PPLI) disclose about Neil Vogel’s stock ownership in this Form 3?
People Inc reports that CEO Neil Vogel directly holds 9,941 shares of common stock and multiple RSU awards tied to additional underlying shares. These RSUs convert into common stock only as they vest, subject to continued service.
How many Restricted Stock Units tied to common stock does the CEO hold at People Inc (PPLI)?
The CEO holds four RSU awards covering 80,377, 149,434, 163,908, and 24,592 underlying shares of common stock. Each RSU represents a contingent right to receive one share, subject to vesting and continued service.
What are the vesting dates for Neil Vogel’s RSUs at People Inc (PPLI)?
One RSU award vests in two installments on March 1, 2027 and 2028; another in three equal installments on February 4, 2027, 2028 and 2029. Additional awards vest in a lump sum or equal installments on March 1, 2027 and 2028, all subject to continued service.
What does each RSU represent in Neil Vogel’s equity compensation at People Inc (PPLI)?
Each RSU represents a contingent right to receive one share of People Inc common stock. Actual share delivery occurs only upon vesting, and vesting is conditioned on Neil Vogel’s continued service with the company.
Does this People Inc (PPLI) Form 3 show any recent stock purchases or sales by the CEO?
The Form 3 lists holdings of common stock and RSUs but does not report any purchase or sale transactions. It functions as an initial statement of beneficial ownership rather than a trade report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
