People Inc (PPLI) director Clinton Chelsea acquires 1,609 shares through RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

People Inc director Clinton Chelsea increased equity holdings through equity compensation rather than market trading. On June 15, 2026, 1,609 Restricted Stock Units vested and were converted into 1,609 shares of People Inc common stock at a stated price of $0.00 per share, reflecting routine compensation-related activity. Following this vesting and conversion, Chelsea directly owns 90,938 shares of common stock. No open-market purchases or sales were reported in this filing.

Insider Trade Summary

1,609 shares exercised/converted

Mixed 2 txns

Insider Clinton Chelsea

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 — 90,938 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

Shares acquired via RSU vesting: 1,609 shares Price per share on conversion: $0.00 per share Shares held after transaction: 90,938 shares +1 more

4 metrics

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

Price per share on conversion $0.00 per share Stated transaction price for RSU conversion

Shares held after transaction 90,938 shares Total direct common stock holdings after June 15, 2026

RSUs converted 1,609 units Restricted Stock Units exercised into common stock

Key Terms

Restricted Stock Units, derivative security, vesting

3 terms

Restricted Stock Units financial

"Represents RSUs that vest in equal installments on each of June 15, 2024, 2025, and 2026"

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.

vesting financial

"Reflects shares of 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.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 09:08 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^*

Clinton Chelsea

(Last)

(First)

(Middle)

C/O PEOPLE INCORPORATED

555 WEST 18TH STREET

(Street)

NEW YORK

10011

(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	90,938	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 Chelsea Clinton	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) report for Clinton Chelsea?

People Inc reported that director Clinton Chelsea acquired 1,609 shares of common stock through the vesting and conversion of Restricted Stock Units. This was a compensation-related derivative exercise, not an open-market trade, and reflects routine equity award vesting activity.

Did Clinton Chelsea buy or sell People Inc (PPLI) shares on the open market?

The filing shows no open-market buying or selling by Clinton Chelsea. Instead, 1,609 Restricted Stock Units vested and converted into common shares at a stated price of $0.00, representing equity compensation rather than discretionary market transactions.

How many People Inc (PPLI) shares does Clinton Chelsea hold after this Form 4?

After the reported RSU vesting and conversion, Clinton Chelsea directly holds 90,938 shares of People Inc common stock. This total reflects the addition of 1,609 newly issued shares from the exercised Restricted Stock Units disclosed in the Form 4.

What does the M transaction code mean in the People Inc (PPLI) Form 4?

The M code in the Form 4 indicates an exercise or conversion of a derivative security. Here, it shows Restricted Stock Units converting into 1,609 shares of People Inc common stock as part of equity compensation, rather than a traditional stock purchase on the market.

Were any derivative positions left after the People Inc (PPLI) RSU conversion?

The Form 4 shows 1,609 Restricted Stock Units converting into common stock, with zero units remaining for that award. The derivative summary is empty, indicating no remaining derivative positions are reported in this specific filing for Clinton Chelsea.

Is the People Inc (PPLI) insider transaction part of ongoing RSU vesting?

Footnotes state the Restricted Stock Units vest in equal installments on June 15, 2024, 2025, and 2026, subject to continued service. The 1,609-share conversion on June 15, 2026 represents the vesting of one of those scheduled installments.