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People Inc (PPLI) grants director Bonnie Hammer 5,490 restricted stock units

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

Rhea-AI Filing Summary

Hammer Bonnie S reported acquisition or exercise transactions in this Form 4 filing.

People Inc director Bonnie S. Hammer reported a grant of 5,490 Restricted Stock Units, each representing a contingent right to receive one share of common stock. The RSUs vest in three equal installments on July 16, 2027, 2028, and 2029, subject to continued service, resulting in 5,490 RSUs directly owned after the award.

Positive

  • None.

Negative

  • None.
Insider Hammer Bonnie S
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 5,490 RSUs Grant to director Bonnie S. Hammer on July 16, 2026
Transaction date 2026-07-16 Date of RSU grant to Bonnie S. Hammer
Price per RSU $0.0000 Reported transaction price per Restricted Stock Unit
Holdings after grant 5,490 RSUs Total Restricted Stock Units directly owned following the award
First vesting date July 16, 2027 First one-third of RSUs scheduled to vest, subject to continued service
Second vesting date July 16, 2028 Second one-third of RSUs scheduled to vest, subject to continued service
Third vesting date July 16, 2029 Final one-third of RSUs scheduled to vest, subject to continued service
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"
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.
continued service financial
"on each of July 16, 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) disclose for Bonnie S. Hammer?
People Inc reported that director Bonnie S. Hammer received a grant of 5,490 Restricted Stock Units (RSUs) on July 16, 2026. Each RSU represents a contingent right to receive one share of People Inc common stock, increasing her directly held RSU position to 5,490 units.

How many Restricted Stock Units were granted in the latest People Inc (PPLI) Form 4?
The Form 4 shows a grant of 5,490 RSUs to director Bonnie S. Hammer. These RSUs are derivative securities linked to People Inc common stock, with each RSU delivering one share upon vesting if the service-based vesting conditions are satisfied.

What is the vesting schedule for Bonnie S. Hammer’s RSUs at People Inc (PPLI)?
The 5,490 RSUs vest in three equal installments on July 16, 2027, 2028, and 2029. Vesting is subject to continued service, meaning Hammer must remain in her role through each vesting date to receive the corresponding shares.

What does each RSU granted by People Inc (PPLI) to Bonnie S. Hammer represent?
Each Restricted Stock Unit represents a contingent right to receive one share of People Inc common stock. The right becomes actual ownership only as units vest under the schedule, aligning Hammer’s potential share ownership with future service.

Was cash paid for the RSUs reported in People Inc (PPLI) Form 4?
The Form 4 reports a per-unit transaction price of $0.0000 for the 5,490 RSUs. This indicates the award was a grant/award acquisition rather than a market purchase, consistent with typical equity awards to directors structured as compensation in stock units.

What are Bonnie S. Hammer’s reported holdings after the RSU grant at People Inc (PPLI)?
Following the reported transaction, Bonnie S. Hammer is shown as directly holding 5,490 Restricted Stock Units. These units correspond one-for-one to potential shares of common stock, subject to the three-year vesting schedule and continued service requirements.
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*
Hammer Bonnie S
(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 Bonnie Hammer07/20/2026
** 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