Director Von Furstenberg Alexander adds 2,076 People Inc (PPLI) shares via RSU vesting
Rhea-AI Filing Summary
People Inc director Von Furstenberg Alexander acquired 2,076 common shares through the vesting of restricted stock units. These shares were received at a stated price of $0.00 per share as part of equity compensation, not an open-market purchase. Following the transaction, the director directly holds 105,786 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,076 shares
Net Buy
2 txns
Insider
Von Furstenberg Alexander
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,076 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 | 2,076 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,076 shares (Direct);
Common Stock, par value $0.0001 — 105,786 shares (Direct)
Footnotes (2)
- F1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs").
- F2. Represents RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027, subject to continued service.
Key Figures
Shares acquired via RSU vesting: 2,076 shares
Shares held after transaction: 105,786 shares
RSU units exercised: 2,076 units
+1 more
4 metrics
Shares acquired via RSU vesting
2,076 shares
Exercise/vesting of restricted stock units on June 11, 2026
Shares held after transaction
105,786 shares
Direct common stock ownership following Form 4 transaction
RSU units exercised
2,076 units
Derivative position (restricted stock units) converted into common shares
Exercise price per share
$0.00 per share
Stated transaction price for RSU conversion to common stock
Key Terms
Restricted Stock Units, derivative security, vest
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnotes describing RSUs vesting"
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"footnote: "Represents RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027""
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.