Does the People Inc (PPLI) Form 4 indicate any share disposals by Maria Seferian?

The Form 4 does not report any share disposals for Maria Seferian. All reported transactions are coded as M, meaning exercises or conversions of derivative securities, resulting in the acquisition of 2,076 common shares and no reported sales.

Director Maria Seferian gains 2,076 People Inc (PPLI) shares from RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

People Inc director Maria Seferian acquired 2,076 shares of common stock on June 11, 2026 by exercising or converting restricted stock units. This was a compensation-related equity transaction rather than an open-market trade. After the transaction, she directly owned a total of 9,600 common shares.

Footnotes note that the common shares were acquired upon the vesting of restricted stock units and that the related RSUs vest in equal installments on each of June 11, 2025, 2026, and 2027, subject to continued service.

Insider Trade Summary

2,076 shares exercised/converted

Mixed 2 txns

Insider Seferian Maria

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 — 9,600 shares (Direct, null)

Footnotes (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

Common shares acquired: 2,076 shares Shares held after transaction: 9,600 shares RSU transaction size: 2,076 units +1 more

4 metrics

Common shares acquired 2,076 shares Acquired via RSU exercise on June 11, 2026

Shares held after transaction 9,600 shares Total direct common stock ownership after June 11, 2026

RSU transaction size 2,076 units Restricted Stock Units involved in derivative transaction code M

Exercise price per share $0.0000/share Reported transaction price per share for RSU-related acquisition

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, derivative, vest

4 terms

Restricted Stock Units financial

"Represents RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027, subject to continued service."

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.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

derivative financial

"transaction_type: derivative"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

vest financial

"Represents RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027, subject to continued service."

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.

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 08:26 PM

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^*

Seferian Maria

(Last)

(First)

(Middle)

C/O PEOPLE INCORPORATED

555 WEST 18TH STREET

(Street)

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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001⁽¹⁾	06/11/2026		M		2,076	A	$0	9,600	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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 Maria Seferian	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did People Inc (PPLI) disclose for Maria Seferian?

People Inc reported that director Maria Seferian acquired 2,076 shares of common stock on June 11, 2026. The acquisition came from exercising or converting restricted stock units rather than buying shares in the open market.

How many People Inc (PPLI) shares does Maria Seferian hold after this Form 4?

After the June 11, 2026 transaction, Maria Seferian directly holds 9,600 shares of People Inc common stock. This reflects her position following the exercise or conversion of 2,076 restricted stock units into common shares.

Was Maria Seferian’s People Inc (PPLI) Form 4 an open-market buy or RSU vesting?

The Form 4 shows RSU-related activity, not an open-market purchase. Maria Seferian acquired 2,076 common shares through the exercise or conversion of restricted stock units, as indicated by transaction code M and the accompanying footnotes.

What do the restricted stock unit terms say in the People Inc (PPLI) filing?

The footnotes explain that the restricted stock units vest in equal installments on each of June 11, 2025, 2026, and 2027. Vesting is subject to continued service, meaning the director must remain in service for each installment to vest.