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People Inc (PPLI) grants 5,490 RSUs to board member

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EISNER MICHAEL D reported acquisition or exercise transactions in this Form 4 filing.

People Inc reported that director Michael D. Eisner 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 annual installments on July 16, 2027, 2028, and 2029, contingent on continued service. Following this award, Eisner holds 5,490 RSUs directly.

Positive

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Insider EISNER MICHAEL D
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.
Restricted Stock Units granted 5490.0000 Restricted Stock Units Equity award to director Michael D. Eisner on July 16, 2026
Shares underlying RSUs 5490.0000 shares of common stock Each RSU represents a contingent right to receive one share
Vesting dates July 16, 2027; July 16, 2028; July 16, 2029 RSUs vest in equal installments on each listed date, subject to continued service
Holdings after transaction 5490.0000 Restricted Stock Units Total RSUs directly held by Michael D. Eisner following the award
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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
"represents a contingent right to receive one share of Issuer common stock"
vest financial
"Represents RSUs that vest in equal installments on each of July 16, 2027, 2028, and 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

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

People Inc reported that director Michael D. Eisner received a grant of 5,490 restricted stock units (RSUs) on July 16, 2026. The grant is a form of equity compensation that can settle in common stock if vesting conditions are met.

How many restricted stock units did People Inc (PPLI) grant to Michael D. Eisner?

Michael D. Eisner was granted 5,490 restricted stock units by People Inc. Each RSU represents a contingent right to receive one share of People Inc common stock, providing potential future equity ownership subject to vesting.

When do Michael D. Eisner’s RSUs from People Inc (PPLI) vest?

The 5,490 RSUs granted to Michael D. Eisner vest in three equal annual installments on July 16, 2027, July 16, 2028, and July 16, 2029. Vesting is subject to his continued service through each vesting date.

What does each RSU granted by People Inc (PPLI) to Michael D. Eisner represent?

Each RSU granted to Michael D. Eisner represents a contingent right to receive one share of People Inc common stock. Shares are delivered only if the RSUs vest according to the schedule and service conditions described.

What is Michael D. Eisner’s People Inc (PPLI) RSU holding after this grant?

After the July 16, 2026 grant, Michael D. Eisner directly holds 5,490 restricted stock units linked to People Inc common stock. This reflects the entire reported RSU position in this filing following the award.
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*
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)
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 Michael Eisner07/20/2026
** 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)