People Inc (PPLI) director exercises RSUs to receive 2,076 common shares

Rhea-AI Filing Summary

People Inc director Richard F. Zannino exercised restricted stock units into common stock on June 11, 2026. He acquired 2,076 shares of common stock at an exercise price of $0.0000 per share, a routine conversion of equity awards rather than an open‑market trade.

Following the transaction, he directly holds 60,563 shares of common stock and 2,076 restricted stock units. The RSUs are scheduled to vest in equal installments on June 11, 2025, 2026, and 2027, subject to continued service.

Insider Trade Summary

2,076 shares exercised/converted

Mixed 2 txns

Insider ZANNINO RICHARD F

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 — 60,563 shares (Direct, null)

Footnotes (1)

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 units Common shares acquired: 2,076 shares Common shares held after: 60,563 shares +1 more

4 metrics

RSUs exercised 2,076 units Restricted Stock Units converted on June 11, 2026

Common shares acquired 2,076 shares Common Stock received from RSU vesting at $0.0000 per share

Common shares held after 60,563 shares Direct ownership following June 11, 2026 transaction

RSUs remaining 2,076 units Restricted Stock Units reported as held after transaction

Key Terms

Restricted Stock Units, derivative security, vest, common stock

4 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.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vest financial

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

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.

common stock financial

"Reflects shares of IAC common stock acquired upon the vesting of restricted stock units"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

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^*

ZANNINO RICHARD F

(Last) (First) (Middle)

C/O CCMP CAPITAL ADVISORS, LLC

277 PARK AVENUE, 27TH FLOOR

(Street)

NEW YORK NEW YORK 10172

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001(1)	06/11/2026		M		2,076	A	$0	60,563	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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 Richard Zannino	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)

FAQ

What insider transaction did People Inc (PPLI) report for Richard F. Zannino?

People Inc reported that director Richard F. Zannino exercised restricted stock units into common stock. On June 11, 2026, he converted 2,076 RSUs into 2,076 shares of common stock at an exercise price of $0.0000 per share.

How many People Inc (PPLI) shares did Richard F. Zannino acquire in this Form 4?

Richard F. Zannino acquired 2,076 shares of People Inc common stock. These shares were obtained through the exercise and vesting of restricted stock units, not through an open‑market purchase. The transaction is coded as an exercise or conversion of a derivative security.

What are Richard F. Zannino’s People Inc (PPLI) holdings after this Form 4 transaction?

After the transaction, Richard F. Zannino directly holds 60,563 shares of People Inc common stock. He also holds 2,076 restricted stock units, which represent a right to receive additional shares as they vest over the stated schedule.

How do Richard F. Zannino’s RSUs at People Inc (PPLI) vest over time?

The restricted stock units vest in three equal installments on June 11, 2025, 2026, and 2027. Vesting remains subject to continued service, meaning he must remain in his role through each vesting date to receive the related shares.

Was the People Inc (PPLI) Form 4 transaction an open‑market buy or sell?

The Form 4 transaction was not an open‑market buy or sell. It is coded as an exercise or conversion of a derivative security, reflecting RSUs vesting into common stock at a stated price of $0.0000 per share, a standard equity compensation event.