People Inc (PPLI) grants director Richard Zannino 5,490 RSUs
Rhea-AI Filing Summary
ZANNINO RICHARD F reported acquisition or exercise transactions in this Form 4 filing.
People Inc granted director Richard F. Zannino 5,490 restricted stock units on July 16, 2026. Each RSU represents a right to receive one share of common stock and will vest in equal installments on July 16 of 2027, 2028 and 2029, subject to continued service, resulting in direct holdings of 5,490 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZANNINO RICHARD F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 5,490 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,490 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- F2. Represents RSUs that vest in equal installments on each of July 16, 2027, 2028, and 2029 subject to continued service.
Key Figures
RSUs granted: 5,490 units
Transaction date: July 16, 2026
Post-grant RSU holdings: 5,490 units
+2 more
5 metrics
RSUs granted
5,490 units
Restricted stock units granted to director Richard F. Zannino on July 16, 2026
Transaction date
July 16, 2026
Date of the reported RSU grant to Richard F. Zannino
Post-grant RSU holdings
5,490 units
Direct RSU holdings reported following the grant transaction
Vesting dates
July 16, 2027; July 16, 2028; July 16, 2029
RSUs vest in equal installments on these three dates, subject to continued service
Grant price per RSU
$0.0000
Stated transaction price per restricted stock unit in the equity award
Key Terms
Restricted Stock Units, contingent right, continued service
3 terms
Restricted Stock Units financial
"Security title reported as Restricted Stock Units for the director award."
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 of common stock."
continued service financial
"RSUs vest in equal installments in 2027, 2028 and 2029 subject to continued service."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did People Inc (PPLI) report for Richard F. Zannino?
People Inc reported that director Richard F. Zannino received a grant of 5,490 restricted stock units on July 16, 2026. The award is a stock-based compensation grant settled in common stock rather than a market purchase or sale of existing shares.
How many restricted stock units were granted to People Inc (PPLI) director Richard F. Zannino?
Director Richard F. Zannino was granted 5,490 restricted stock units (RSUs). Each RSU corresponds to a contingent right to receive one share of People Inc common stock, giving him 5,490 shares’ worth of potential equity upon settlement, subject to vesting conditions.
When do the RSUs granted to People Inc (PPLI) director Richard F. Zannino vest?
The 5,490 RSUs granted to Richard F. Zannino vest in equal installments on July 16, 2027, 2028 and 2029. Vesting is conditioned on his continued service, so shares will only be delivered as each annual vesting date is reached.
What does each restricted stock unit in People Inc (PPLI)'s grant to Richard F. Zannino represent?
Each RSU granted to Richard F. Zannino represents a contingent right to receive one share of People Inc common stock. Shares are not issued immediately; they are delivered as the RSUs vest over time according to the disclosed schedule.
Is the People Inc (PPLI) transaction for Richard F. Zannino a purchase or a compensation award?
The transaction is a compensation award, not a market purchase or sale. Richard F. Zannino received 5,490 RSUs at a stated price of $0.0000 per unit, reflecting an equity grant made in his capacity as a director.
What are Richard F. Zannino's direct RSU holdings in People Inc (PPLI) after this grant?
Following the grant, Richard F. Zannino directly holds 5,490 restricted stock units. These units correspond to potential future shares of People Inc common stock, which will be delivered as the RSUs vest between 2027 and 2029, assuming continued service.