STOCK TITAN

People Inc (PPLI) director gains 2,076 shares through RSU vesting

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

Rhea-AI Filing Summary

People Inc director Bonnie S. Hammer reported a routine compensation-related transaction. On June 11, 2026, she exercised restricted stock units, receiving 2,076 shares of common stock at an exercise price of $0.00 per share.

Following the transaction, she directly holds 36,797 shares of People Inc common stock. She also holds 2,076 restricted stock units, which the footnotes state vest in equal installments on June 11, 2025, 2026, and 2027, subject to continued service. These are not open-market purchases or sales but equity awards vesting over time.

Positive

  • None.

Negative

  • None.
Insider Hammer Bonnie S
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 — 36,797 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.
Shares acquired from RSUs 2,076 shares Common stock received on June 11, 2026 from RSU exercise
Exercise price $0.00 per share Conversion of restricted stock units into common stock
Common shares held after 36,797 shares Direct ownership following June 11, 2026 transaction
Restricted stock units outstanding 2,076 RSUs RSUs scheduled to vest in equal installments on June 11, 2025, 2026, 2027
Derivative exercises in filing 1 exercise, 2,076 shares Transaction summary for derivative exercise/conversion (code M)
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 exercise/conversion financial
"transaction_action: derivative exercise/conversion with transaction code M"
vest in equal installments financial
"RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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)
06/11/2026
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
Common Stock, par value $0.0001(1)06/11/2026M2,076A$036,797D
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(2)$006/11/2026M2,076 (2) (2)Common Stock, par value $0.00012,076$02,076D
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 Bonnie Hammer06/15/2026
** 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)

FAQ

What insider transaction did People Inc (PPLI) report for Bonnie S. Hammer?

People Inc reported that director Bonnie S. Hammer exercised restricted stock units, receiving 2,076 shares of common stock at an exercise price of $0.00 per share. This reflects equity compensation vesting rather than an open-market stock purchase or sale.

How many People Inc (PPLI) shares does Bonnie S. Hammer hold after this Form 4?

After the reported transaction, Bonnie S. Hammer directly holds 36,797 shares of People Inc common stock. The filing also shows 2,076 restricted stock units outstanding, which are scheduled to vest in equal installments over specified future dates, subject to continued service.

Were Bonnie S. Hammer’s People Inc (PPLI) transactions open-market buys or sells?

The transactions were not open-market buys or sells. They are coded as derivative exercises (code M), meaning restricted stock units converted into common shares at $0.00 per share as part of equity compensation vesting, rather than discretionary market trades.

What are the terms of the restricted stock units in this People Inc (PPLI) Form 4?

The filing shows 2,076 restricted stock units tied to People Inc common stock. Footnotes state these RSUs vest in equal installments on June 11, 2025, 2026, and 2027, conditioned on the director’s continued service with the company over that vesting schedule.

Does this People Inc (PPLI) Form 4 indicate any gift or tax-withholding transactions?

No additional categories such as gifts or tax-withholding dispositions are reported. The transaction summary shows two acquisition-type events, both related to exercising or converting derivative securities, with no Form 4 codes for gifts, sales, or tax-withholding share dispositions.