Director at People Inc (PPLI) exercises restricted stock units, lifting holdings to 87,832 shares

Q: Did David S. Rosenblatt buy or sell People Inc (PPLI) shares on the market?

He did not buy or sell shares on the open market. Instead, 2,076 shares were acquired through the vesting and exercise of restricted stock units, a standard form of equity compensation, recorded with transaction code M for derivative exercise.

Q: What do the restricted stock units reported for People Inc (PPLI) represent?

The filing shows 2,076 restricted stock units , each representing a right to receive one share of common stock. Footnotes state these RSUs vest in equal installments on June 11 of 2025 , 2026 , and 2027 , subject to continued service.

Q: Is the Form 4 transaction for People Inc (PPLI) a significant insider signal?

The Form 4 reflects a routine vesting of equity compensation, where restricted stock units converted into 2,076 shares . There were no open-market purchases or sales, so the filing mainly updates ownership records rather than indicating a directional trading decision.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Director David S. Rosenblatt increased his direct holdings in People Inc through the vesting of restricted stock units. He exercised derivative awards covering 2,076 shares of common stock at an effective price of $0.00 per share, a routine compensation-related event rather than an open-market purchase.

Following the transaction, he directly holds 87,832 shares of common stock. A related entry shows 2,076 restricted stock units outstanding, which the footnotes describe as vesting in equal installments on each of June 11, 2025, 2026, and 2027, subject to continued service.

Insider Trade Summary

2,076 shares exercised/converted

Mixed 2 txns

Insider ROSENBLATT DAVID S

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 — 87,832 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 exercise: 2,076 shares Exercise price: $0.00 per share Shares held after transaction: 87,832 shares +1 more

4 metrics

Shares acquired via RSU exercise 2,076 shares Derivative exercise of restricted stock units on June 11, 2026

Exercise price $0.00 per share RSUs converted into common stock

Shares held after transaction 87,832 shares Direct common stock holdings following Form 4 transactions

Remaining RSUs reported 2,076 units Restricted stock units vesting June 11, 2025–2027, subject to service

Key Terms

Restricted Stock Units, derivative exercise/conversion, transaction code M, vesting

4 terms

Restricted Stock Units financial

"The filing shows 2,076 restricted stock units, each representing a right to receive one share of common stock."

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 exercise/conversion financial

"The transactions are labeled as derivative exercise/conversion with transaction code M."

transaction code M financial

"This was recorded as a derivative exercise at $0.00 per share, with transaction code M for derivative exercise."

vesting financial

"Footnotes state these RSUs vest in equal installments on June 11 of 2025, 2026, and 2027."

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 →

06/15/2026 - 08:26 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^*

ROSENBLATT DAVID S

(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	87,832	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 David Rosenblatt	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) report for David S. Rosenblatt?

People Inc reported that director David S. Rosenblatt exercised restricted stock units into 2,076 shares of common stock. This was recorded as a derivative exercise at $0.00 per share, reflecting equity compensation vesting rather than an open-market stock purchase.

Did David S. Rosenblatt buy or sell People Inc (PPLI) shares on the market?

He did not buy or sell shares on the open market. Instead, 2,076 shares were acquired through the vesting and exercise of restricted stock units, a standard form of equity compensation, recorded with transaction code M for derivative exercise.

How many People Inc (PPLI) shares does David S. Rosenblatt own after this Form 4?

After the reported transactions, David S. Rosenblatt directly holds 87,832 shares of People Inc common stock. This total includes the 2,076 shares acquired through the vesting and exercise of restricted stock units disclosed in the filing.

What do the restricted stock units reported for People Inc (PPLI) represent?

The filing shows 2,076 restricted stock units, each representing a right to receive one share of common stock. Footnotes state these RSUs vest in equal installments on June 11 of 2025, 2026, and 2027, subject to continued service.

Is the Form 4 transaction for People Inc (PPLI) a significant insider signal?

The Form 4 reflects a routine vesting of equity compensation, where restricted stock units converted into 2,076 shares. There were no open-market purchases or sales, so the filing mainly updates ownership records rather than indicating a directional trading decision.