Director Lourd Bryan of People Inc (PPLI) exercises 2,076 RSUs into shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

People Inc director Lourd Bryan exercised restricted stock units to acquire 2,076 shares of common stock. The Form 4 shows these shares were received at a stated price of $0.00 per share upon RSU vesting, increasing Bryan’s directly held common stock to 200,026 shares.

The underlying 2,076 restricted stock units now correspond to 2,076 shares of common stock, and the RSUs vest in equal installments on June 11, 2025, 2026, and 2027, subject to continued service. The filing reports no open-market purchases or sales, only a derivative exercise event.

Insider Trade Summary

2,076 shares exercised/converted

Mixed 2 txns

Insider Lourd Bryan

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 — 200,026 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

RSUs exercised: 2,076 shares Common shares after transaction: 200,026 shares RSUs outstanding: 2,076 units +2 more

5 metrics

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

Common shares after transaction 200,026 shares Total directly held common stock following RSU vesting

RSUs outstanding 2,076 units Restricted stock units remaining after reported transaction

RSU price per share $0.00 per share Stated transaction price for RSU conversion to common stock

Transactions classified as acquisitions 2 transactions Both records marked with transaction_direction “acquire”

Key Terms

Restricted Stock Units, derivative exercise/conversion, Exercise or conversion of derivative security, par value $0.0001, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" and underlying_security_title: "Common Stock, par value $0.0001""

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

"transaction_action: "derivative exercise/conversion" for RSU transaction"

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

par value $0.0001 financial

"security_title: "Common Stock, par value $0.0001""

vest in equal installments financial

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

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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^*

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)

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	200,026	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 Bryan Lourd	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 Lourd Bryan?

People Inc reported that director Lourd Bryan exercised restricted stock units to acquire 2,076 shares of common stock. The shares were received through RSU vesting at a stated price of $0.00 per share, rather than via an open-market purchase or sale.

How many People Inc (PPLI) shares does Lourd Bryan hold after this Form 4?

After the RSU exercise, Lourd Bryan directly holds 200,026 shares of People Inc common stock. This total reflects the addition of 2,076 shares acquired through the vesting of restricted stock units, as disclosed in the Form 4 insider transaction report.

Were there any open-market buys or sells in this People Inc (PPLI) Form 4?

No open-market buys or sells were reported. The Form 4 shows a derivative exercise of restricted stock units, coded “M,” where 2,076 RSUs converted into 2,076 common shares at $0.00, rather than a traditional market purchase or sale transaction.

What do the restricted stock unit terms mean in the People Inc (PPLI) filing?

The restricted stock units represent rights to receive common shares over time. Footnotes state these RSUs vest in equal installments on June 11, 2025, 2026, and 2027, subject to continued service, aligning share delivery with Bryan’s ongoing role at the company.

How many restricted stock units does Lourd Bryan hold after this People Inc (PPLI) transaction?

Following the transaction, Lourd Bryan is shown with 2,076 restricted stock units outstanding. These RSUs correspond to 2,076 underlying shares of common stock, scheduled to vest in three equal annual installments if the specified continued service conditions are met.