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People Inc (PPLI) awards 5,490 restricted stock units to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lourd Bryan reported acquisition or exercise transactions in this Form 4 filing.

People Inc director Lourd Bryan received a grant of 5,490 restricted stock units on July 16, 2026. Each RSU represents a right to receive one share of common stock and vests in three equal installments on July 16 of 2027, 2028, and 2029, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Lourd Bryan
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)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
  2. F2. Represents RSUs that vest in equal installments on each of July 16, 2027, 2028, and 2029 subject to continued service.
RSU grant 5,490 units Restricted stock units granted to Lourd Bryan on July 16, 2026
Total RSUs after transaction 5,490 units Total RSUs held by Lourd Bryan following the reported grant
RSU grant price $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 three equal annual installments, subject to continued service
Restricted Stock Units financial
"The security title is listed as Restricted Stock Units for the grant"
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 restricted stock unit represents a contingent right to receive one share"
continued service financial
"RSUs vest in equal installments in 2027, 2028, and 2029 subject to continued service"

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FAQ

What insider transaction did People Inc (PPLI) report for Lourd Bryan?
People Inc reported that director Lourd Bryan received a grant of 5,490 restricted stock units (RSUs) on July 16, 2026. These RSUs are a form of equity compensation that can convert into shares of People Inc common stock if vesting conditions are met.

How many RSUs were granted to the People Inc (PPLI) director?
Director Lourd Bryan was granted 5,490 restricted stock units. Following this transaction, his reported holdings of this RSU award total 5,490 units, each representing a potential share of People Inc common stock upon vesting.

When do the newly granted PPLI restricted stock units vest?
The 5,490 RSUs granted to Lourd Bryan vest in three equal installments. Vesting occurs on July 16, 2027, July 16, 2028, and July 16, 2029, and each installment is subject to his continued service with People Inc.

What does each RSU granted by People Inc (PPLI) represent?
Each restricted stock unit granted to Lourd Bryan represents a contingent right to receive one share of People Inc common stock. The units convert into shares only after the specified vesting dates and satisfaction of the continued service condition.

Was there any purchase or sale of People Inc (PPLI) stock in this filing?
No open-market purchase or sale was reported. The Form 4 shows a grant of 5,490 restricted stock units to director Lourd Bryan as equity compensation, rather than a discretionary buy or sell transaction in People Inc common stock.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/16/2026A5,490 (2) (2)Common Stock, par value $0.00015,490$05,490D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
2. Represents RSUs that vest in equal installments on each of July 16, 2027, 2028, and 2029 subject to continued service.
Remarks:
/s/ Kendall Handler as Attorney-In-Fact for Bryan Lourd07/20/2026
** Signature of Reporting PersonDate
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