Director Von Furstenberg Alexander adds 2,076 People Inc (PPLI) shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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
2,076 shares exercised/converted
Mixed
2 txns
Insider
Von Furstenberg Alexander
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,076 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 | 2,076 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,076 shares (Direct, null);
Common Stock, par value $0.0001 — 105,786 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 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.
