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People Inc (PPLI) awards 5,490 restricted stock units to board director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clinton Chelsea reported acquisition or exercise transactions in this Form 4 filing.

People Inc director Clinton Chelsea received a grant of 5,490 restricted stock units on July 16, 2026. Each RSU represents a contingent right to receive one share of common stock and will vest in three equal installments on July 16, 2027, 2028, and 2029, subject to continued service. Following this award, Chelsea holds 5,490 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Clinton Chelsea
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.
RSUs Granted 5490.0000 units Restricted stock units granted to director Clinton Chelsea on 2026-07-16
Grant Date 2026-07-16 Date of RSU award to director Clinton Chelsea
Vesting Schedule July 16, 2027, 2028, and 2029 RSUs vest in equal installments on these dates, subject to continued service
Post-Transaction Holdings 5490.0000 RSUs Total restricted stock units held directly by Clinton Chelsea after the grant
Transaction Price Per RSU 0.0000 per unit RSUs granted at no cash exercise price to the director
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 in equal installments financial
"Represents RSUs that vest in equal installments on each of July 16, 2027, 2028, and 2029"
continued service financial
"vest in equal installments ... 2027, 2028, and 2029 subject to continued service"

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

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FAQ

What insider transaction did People Inc (PPLI) report for Clinton Chelsea?
People Inc reported that director Clinton Chelsea was granted 5,490 restricted stock units on July 16, 2026. Each RSU is a contingent right to receive one share of common stock, vesting over three years if service continues.

How many People Inc (PPLI) shares are tied to Clinton Chelsea's RSU grant?
The grant covers 5,490 restricted stock units, with each RSU representing a right to receive one share of People Inc common stock. If all vesting conditions are met, the award would deliver 5,490 shares.

When do Clinton Chelsea's RSUs at People Inc (PPLI) vest?
The RSUs vest in three equal installments on July 16, 2027, 2028, and 2029. Vesting is subject to Clinton Chelsea’s continued service through each applicable vesting date.

What is Clinton Chelsea's equity position in People Inc (PPLI) after this grant?
After the reported transaction, Clinton Chelsea directly holds 5,490 restricted stock units. These RSUs are derivative awards that may convert into the same number of common shares as they vest over time.

Was the People Inc (PPLI) insider transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox was not marked as affirmative. The reported transaction is a grant of restricted stock units, rather than an open-market trade under a trading plan.
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*
Clinton Chelsea
(Last)(First)(Middle)
C/O PEOPLE INCORPORATED
555 WEST 18TH STREET
(Street)
NEW YORK 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)
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 Chelsea Clinton07/20/2026
** 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)

Source: View Original Filing on SEC EDGAR