People Inc director gains 1,609 shares via RSU vesting

People Inc director Lourd Bryan reported the vesting of restricted stock units into common stock rather than an open-market trade.

Rhea-AI Filing Summary

People Inc director Lourd Bryan reported the vesting of restricted stock units into common stock rather than an open-market trade. On June 15, 2026, 1,609 RSUs converted into 1,609 shares of common stock at a stated price of $0.00 per share, bringing Bryan’s direct holdings to 201,635 common shares.

Insider Trade Summary

1,609 shares exercised/converted

Exercise 2 txns

Insider Lourd Bryan

Role Director

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

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock, par value $0.0001 — 201,635 shares (Direct)

Footnotes (2)

1. F1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs").
2. F2. Represents RSUs that vest in equal installments on each of June 15, 2024, 2025, and 2026 subject to continued service.

Key Figures

Shares acquired via RSU vesting: 1,609 shares Transaction price per share: $0.00 per share Shares held after transaction: 201,635 shares +1 more

4 metrics

Shares acquired via RSU vesting 1,609 shares RSUs converted to common stock on June 15, 2026

Transaction price per share $0.00 per share RSU conversion price

Shares held after transaction 201,635 shares Common stock directly owned following RSU vesting

RSUs exercised 1,609 units Restricted stock units converted to common stock

Key Terms

Restricted Stock Units, Common Stock, par value $0.0001, Exercise or conversion of derivative security, vesting

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

Common Stock, par value $0.0001 financial

"security_title: "Common Stock, par value $0.0001""

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

vesting financial

"Reflects shares of IAC common stock 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did People Inc (PPLI) disclose for Lourd Bryan?

People Inc reported that director Lourd Bryan acquired 1,609 shares of common stock through the vesting of restricted stock units. This non-cash transaction converted existing RSUs into shares, rather than reflecting an open-market purchase or sale.

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

The Form 4 did not show an open-market purchase or sale. Instead, it reported the vesting and conversion of 1,609 restricted stock units into common shares, coded as an option or derivative exercise (transaction code M).

How many People Inc (PPLI) shares does Lourd Bryan hold after this filing?

After the RSU vesting reported in this Form 4, Lourd Bryan directly holds 201,635 shares of People Inc common stock. This figure reflects his position immediately following the 1,609-share RSU conversion on June 15, 2026.

What do the restricted stock units mean in the People Inc (PPLI) filing?

The restricted stock units represent equity awards that convert into common shares upon vesting. In this filing, 1,609 RSUs vested and turned into the same number of People Inc common shares, with the RSU balance for that award dropping to zero afterward.

Did Lourd Bryan pay cash for the People Inc (PPLI) shares acquired?

The filing shows a transaction price of $0.00 per share for the 1,609 shares. This indicates the shares were received through RSU vesting as compensation, not bought with cash in an open-market transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 09:08 PM EDT Learn about SEC filing dates

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^*

Lourd Bryan

(Last) (First) (Middle)

C/O CAA

2000 AVENUE OF THE STARS

(Street)

LOS ANGELES CALIFORNIA 90067

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001(1)	06/15/2026		M		1,609	A	$0	201,635	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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 Bryan Lourd	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)