Director Michael Eisner acquires 2,076 People Inc (PPLI) shares via RSU vesting

Rhea-AI Filing Summary

People Inc director Michael D. Eisner reported routine equity compensation activity. On June 11, 2026, he exercised restricted stock units to acquire 2,076 shares of People Inc common stock at a stated price of $0.00 per share, reflecting vesting of RSUs.

Following this transaction, Eisner holds 174,581 shares of common stock directly. A separate entry shows 40,555 shares of common stock held indirectly through a trust for which he serves as trustee, indicating additional indirect ownership reported in this filing.

Insider Trade Summary

2,076 shares exercised/converted

Mixed 3 txns

Insider EISNER MICHAEL D

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,076	$0.00	--
Exercise	Common Stock, par value $0.0001	2,076	$0.00	--
holding	Common Stock, par value $0.0001	--	--	--

Holdings After Transaction: Restricted Stock Units — 2,076 shares (Direct, null); Common Stock, par value $0.0001 — 174,581 shares (Direct, null); Common Stock, par value $0.0001 — 40,555 shares (Indirect, Through a trust, of which the reporting person is trustee)

Footnotes (1)

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 11, 2025, 2026, and 2027, subject to continued service.

Key Figures

RSUs exercised: 2,076 shares Exercise price: $0.00 per share Direct holdings after transaction: 174,581 shares +2 more

5 metrics

RSUs exercised 2,076 shares Restricted Stock Units converted to common stock on June 11, 2026

Exercise price $0.00 per share Stated transaction price for RSU conversion

Direct holdings after transaction 174,581 shares Common stock held directly by Michael D. Eisner after RSU vesting

Indirect holdings via trust 40,555 shares Common stock held through a trust where Eisner is trustee

Derivative exercises in filing 1 transaction, 2,076 shares Exercise or conversion of derivative security reported with code M

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, indirect ownership, transaction code M

4 terms

Restricted Stock Units financial

"The security title is listed as "Restricted Stock Units" for the derivative transaction."

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.

Exercise or conversion of derivative security financial

"The transaction_code_description states "Exercise or conversion of derivative security" for the M-code entry."

indirect ownership financial

"Ownership is reported as indirect "Through a trust, of which the reporting person is trustee"."

transaction code M financial

"The transaction_code is "M", indicating an exercise or conversion of a derivative security."

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Form 4 Insider Transactions: What Each Field Means →

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^*

EISNER MICHAEL D

(Last) (First) (Middle)

C/O THE TORNANTE COMPANY, LLC

233 SOUTH BEVERLY DRIVE, 2ND FLOOR

(Street)

BEVERLY HILLS CALIFORNIA 90212

(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)
06/11/2026

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)	06/11/2026		M		2,076	A	$0	174,581	D
Common Stock, par value $0.0001								40,555	I	Through a trust, of which the reporting person is trustee

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(2)	$0	06/11/2026		M			2,076	(2)	(2)	Common Stock, par value $0.0001	2,076	$0	2,076	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 11, 2025, 2026, and 2027, subject to continued service.

Remarks:

	/s/ Kendall Handler as Attorney-In-Fact for Michael Eisner	06/15/2026
	** 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)

FAQ

What insider transaction did Michael D. Eisner report at People Inc (PPLI)?

Michael D. Eisner reported an equity compensation event, exercising restricted stock units to acquire 2,076 shares of People Inc common stock. The Form 4 reflects RSUs vesting into common shares, rather than an open-market purchase or sale, indicating a routine compensation-related transaction.

How many People Inc (PPLI) shares does Michael D. Eisner hold after this Form 4?

After the reported transactions, Michael D. Eisner holds 174,581 shares of People Inc common stock directly. The filing also reports 40,555 shares held indirectly through a trust, giving investors a clearer view of his total reported equity exposure.

Were there any open-market buys or sells in Michael D. Eisner’s latest People Inc Form 4?

The Form 4 does not show any open-market buys or sells. It records an M-code transaction, meaning an exercise or conversion of a derivative security, where restricted stock units vested into 2,076 common shares as part of his compensation package.

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

The M code indicates an exercise or conversion of a derivative security. In this case, it reflects restricted stock units converting into 2,076 shares of People Inc common stock, tied to vesting rather than discretionary buying or selling in the open market.

How are Michael D. Eisner’s indirect holdings in People Inc reported?

Indirect holdings are reported as 40,555 shares of People Inc common stock held through a trust. The filing states these are owned "through a trust, of which the reporting person is trustee," clarifying that this position is attributed as indirect ownership.

What do the restricted stock unit footnotes in the People Inc Form 4 explain?

The footnotes explain that the reported shares were acquired upon vesting of restricted stock units (RSUs). They also describe the RSUs vesting in equal installments on specific June 11 dates, linking the reported 2,076 shares directly to Eisner’s stock-based compensation.