People Inc (PPLI) director adds 2,076 shares through vesting restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

People Inc director Clinton Chelsea acquired 2,076 shares of common stock through the vesting and exercise of restricted stock units. Following the transaction, Chelsea directly holds 89,329 shares of common stock. A related derivative entry shows 2,076 restricted stock units corresponding to the same number of underlying common shares.

Insider Trade Summary

2,076 shares exercised/converted

Mixed 2 txns

Insider Clinton Chelsea

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	--

Holdings After Transaction: Restricted Stock Units — 2,076 shares (Direct, null); Common Stock, par value $0.0001 — 89,329 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 11, 2025, 2026, and 2027, subject to continued service.

Key Figures

Shares acquired via RSU vesting: 2,076 shares Direct common shares after transaction: 89,329 shares RSUs exercised: 2,076 units +1 more

4 metrics

Shares acquired via RSU vesting 2,076 shares Common stock received from RSU exercise on June 11, 2026

Direct common shares after transaction 89,329 shares Non-derivative holdings following June 11, 2026 acquisition

RSUs exercised 2,076 units Derivative transaction converting RSUs into common stock

RSU vesting schedule Equal installments June 11, 2025, 2026, 2027 Footnote describing vesting subject to continued service

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, non-derivative, derivative, +1 more

5 terms

Restricted Stock Units financial

"Represents RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027"

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

"transaction_code_description: Exercise or conversion of derivative security"

non-derivative financial

"transaction_type: non-derivative for common stock acquired"

derivative financial

"transaction_type: derivative for restricted stock units entry"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

continued service financial

"RSUs that vest in equal installments ... subject to continued service"

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 08:24 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)
06/11/2026

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)
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⁾	06/11/2026		M		2,076	A	$0	89,329	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⁽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 Chelsea Clinton	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did People Inc (PPLI) director Clinton Chelsea report?

Clinton Chelsea reported acquiring 2,076 shares of People Inc common stock. The shares were received through the vesting and exercise of restricted stock units, which convert into an equal number of common shares without a cash purchase price.

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

After the reported transaction, Clinton Chelsea directly holds 89,329 shares of People Inc common stock. This figure reflects the updated ownership position following the acquisition of 2,076 shares through vesting restricted stock units.

What type of securities were involved in Clinton Chelsea’s People Inc (PPLI) Form 4?

The filing involves common stock and restricted stock units. 2,076 restricted stock units vested and were exercised into 2,076 shares of common stock, updating both the derivative and non-derivative ownership positions disclosed in the report.

Was Clinton Chelsea’s People Inc (PPLI) transaction an open-market buy or sale?

The transaction was an acquisition via derivative exercise, not an open-market trade. Restricted stock units vested and converted into 2,076 common shares at a stated price of $0.0000 per share, with no reported open-market buying or selling activity.

Do the restricted stock units in People Inc (PPLI) have future vesting conditions?

A footnote explains that the restricted stock units vest in equal installments on June 11, 2025, 2026, and 2027, subject to continued service. This indicates remaining portions may vest over time as long as service conditions are satisfied.