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People Inc (PPLI) grants 5,490 RSUs to director vesting 2027-2029

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

Rhea-AI Filing Summary

Braham Tor reported acquisition or exercise transactions in this Form 4 filing.

People Inc reported that director Braham Tor 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 equal installments on July 16, 2027, 2028 and 2029, subject to continued service. Following this award, Tor holds 5,490 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Braham Tor
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 units Grant of restricted stock units to director on July 16, 2026
Underlying common shares 5,490 shares Each RSU represents a contingent right to receive one share of common stock
Grant price $0.00 per unit Stated transaction price per restricted stock unit
RSU vesting dates July 16, 2027; 2028; 2029 RSUs vest in equal installments on these dates, subject to continued service
Holdings after award 5,490 units Total restricted stock units held directly by Braham Tor following this transaction
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 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 Braham Tor?
People Inc disclosed that director Braham Tor 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 as it vests over time.

How many restricted stock units were granted to the People Inc (PPLI) director?
Director Braham Tor was granted 5,490 restricted stock units at People Inc. These RSUs correspond to 5,490 underlying shares of common stock, with the full amount reported as directly owned following this compensation award.

What is the vesting schedule for Braham Tor’s RSUs at People Inc (PPLI)?
The 5,490 RSUs granted to Braham Tor vest in three equal installments on July 16 of 2027, 2028 and 2029. Vesting is explicitly stated as being subject to his continued service with People Inc.

What does each RSU granted by People Inc (PPLI) to Braham Tor represent?
Each restricted stock unit granted to Braham Tor represents a contingent right to receive one share of People Inc common stock. Actual share delivery occurs as the RSUs vest according to the specified three-year schedule.

Was the People Inc (PPLI) RSU award to Braham Tor made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so this RSU award is not affirmed as being made under a Rule 10b5-1 trading plan based on the reported data.
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*
Braham Tor
(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 Tor Braham07/20/2026
** 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