People Inc (PPLI) director converts 1,609 RSUs into common stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

People Inc director Michael D. Eisner exercised restricted stock units into common shares. On June 15, 2026, RSUs covering 1,609 shares of common stock vested and were converted at $0.00 per share. Following the transaction, he directly holds 176,190 shares, reflecting routine equity compensation.

Insider Trade Summary

1,609 shares exercised/converted

Mixed 2 txns

Insider EISNER MICHAEL D

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,609	$0.00	--
Exercise	Common Stock, par value $0.0001	1,609	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.0001 — 176,190 shares (Direct, null)

Footnotes (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 15, 2024, 2025, and 2026 subject to continued service.

Key Figures

RSUs exercised: 1,609 shares Exercise price: $0.00 per share Post-transaction holdings: 176,190 shares +2 more

5 metrics

RSUs exercised 1,609 shares Restricted Stock Units converted on June 15, 2026

Exercise price $0.00 per share RSUs into common stock

Post-transaction holdings 176,190 shares Common stock held directly after June 15, 2026

RSU derivative position 0 units RSUs shown as remaining after vesting

Transactions classified as acquisitions 2 transactions Form 4 summary for June 15, 2026

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, vesting, equity compensation

4 terms

Restricted Stock Units financial

"Security title listed as "Restricted Stock Units" for derivative transaction."

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.

Exercise or conversion of derivative security financial

"Transaction code description states "Exercise or conversion of derivative security"."

vesting financial

"Footnote notes shares acquired upon the vesting of restricted stock units."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

equity compensation financial

"RSUs represent equity compensation that delivers common stock upon vesting."

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 09:07 PM

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)
06/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001⁽¹⁾	06/15/2026		M		1,609	A	$0	176,190	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0	06/15/2026		M			1,609	⁽²⁾	⁽²⁾	Common Stock, par value $0.0001	1,609	$0	0	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 15, 2024, 2025, and 2026 subject to continued service.

Remarks:

	/s/ Kendall Handler as Attorney-In-Fact for Michael Eisner	06/17/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did People Inc (PPLI) disclose for Michael D. Eisner?

People Inc reported that director Michael D. Eisner exercised restricted stock units into 1,609 shares of common stock on June 15, 2026. This reflects the vesting of equity compensation rather than an open-market purchase or sale of shares.

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

After the June 15, 2026 RSU vesting and conversion, Michael D. Eisner directly holds 176,190 shares of People Inc common stock. The increase comes from 1,609 RSUs vesting into common shares as part of his equity compensation package.

Was the People Inc (PPLI) Form 4 transaction a stock purchase or sale?

The Form 4 for People Inc shows no open-market purchase or sale. Instead, Michael D. Eisner exercised restricted stock units, converting 1,609 RSUs into common shares at $0.00 per share as equity compensation, with no sale reported in this filing.

What type of securities were involved in Michael D. Eisner’s People Inc (PPLI) Form 4?

The filing involves restricted stock units and common stock of People Inc. Eisner’s RSUs converted into 1,609 shares of common stock at $0.00 per share, and the RSU position shown in the filing was reduced to zero after this vesting event.

What does the vesting schedule footnote mean in the People Inc (PPLI) Form 4?

The footnote explains that the RSUs vest in equal installments on June 15, 2024, 2025, and 2026, subject to continued service. The 2026 installment converted into 1,609 common shares, which is the vesting event reported in this Form 4.