People Inc (PPLI) awards 5,490 RSUs vesting 2027-2029 to director
Rhea-AI Filing Summary
ROSENBLATT DAVID S reported acquisition or exercise transactions in this Form 4 filing.
People Inc reported that director David S. Rosenblatt received a grant of 5,490 restricted stock units (RSUs), each representing a contingent right to one share of common stock.
The RSUs vest in equal installments on July 16, 2027, 2028 and 2029, subject to continued service, leaving him with 5,490 RSUs directly held after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSENBLATT DAVID S
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
Underlying common shares: 5,490 shares
Transaction price per RSU: $0.0000 per unit
+2 more
5 metrics
RSUs granted
5,490 units
Grant to director David S. Rosenblatt on July 16, 2026
Underlying common shares
5,490 shares
Shares of common stock underlying the RSU award
Transaction price per RSU
$0.0000 per unit
Reported transaction price per restricted stock unit
Vesting dates
July 16, 2027; July 16, 2028; July 16, 2029
RSUs vest in equal installments, subject to continued service
Holdings after grant
5,490 RSUs
Restricted stock units directly held following the reported transaction
Key Terms
Restricted Stock Units, contingent right, continued service
3 terms
Restricted Stock Units financial
"Security title reported as 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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
continued service financial
"RSUs vest in equal installments subject to continued service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did People Inc (PPLI) grant to director David S. Rosenblatt?
People Inc granted director David S. Rosenblatt an award of 5,490 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the company’s common stock, subject to the vesting schedule and continued service requirements described.
How do the 5,490 RSUs granted at People Inc (PPLI) vest?
The 5,490 RSUs vest in three equal installments. They are scheduled to vest on July 16, 2027, July 16, 2028, and July 16, 2029, and each installment is contingent on David S. Rosenblatt’s continued service through the applicable vesting date.
What does each RSU granted by People Inc (PPLI) to the director represent?
Each RSU represents a contingent right to receive one share of People Inc common stock. The director actually receives common shares only as the RSUs vest over the specified dates, assuming the continued service condition is satisfied.
Did the People Inc (PPLI) Form 4 report any stock sales or market purchases?
No. This Form 4 reports only a grant of 5,490 RSUs to director David S. Rosenblatt. There are no recorded stock sales or open‑market purchases in the filing, and the transaction code reflects a grant or award acquisition.
Was the People Inc (PPLI) RSU grant made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes describe the event simply as an RSU grant. There is no indication that this equity award was made pursuant to a pre-arranged Rule 10b5-1 trading plan.
What are David S. Rosenblatt’s People Inc (PPLI) RSU holdings after this grant?
After the reported transaction, director David S. Rosenblatt directly holds 5,490 restricted stock units tied to People Inc common stock. These units will convert into shares only as they vest over the 2027–2029 vesting schedule.