People Inc 8-K

What Happened
People Incorporated (formerly IAC Inc.) filed an 8-K reporting that, effective 12:01 AM Eastern Time on June 4, 2026, the company changed its legal name from IAC Inc. to People Incorporated via a Certificate of Amendment to its Restated Certificate of Incorporation. The company also amended its bylaws to reflect the new name and will begin trading on the Nasdaq Global Select Market under the new ticker symbol "PPLI" (replacing "IAC") effective June 4, 2026.

Key Details

• Name change effective 12:01 AM ET on June 4, 2026 via Certificate of Amendment.
• Nasdaq ticker will change from "IAC" to "PPLI" on June 4, 2026; CUSIP remains 44891N 208.
• The Restated Certificate of Incorporation was otherwise unchanged; bylaws were amended only to reflect the new name.
• The filing includes the Certificate of Amendment, amended bylaws, and a press release dated June 4, 2026.

Why It Matters
This is a corporate rebranding and administrative change — not a change to the company’s capital structure or governance beyond updating the name. For investors, the main practical effects are the Nasdaq ticker change and updated corporate documents; existing shares and CUSIP remain the same, so holdings should not be disrupted. Investors should update watchlists and be aware that the company will appear under the new ticker "PPLI" beginning June 4, 2026.