EISNER MICHAEL D 4
4 · People Inc · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
People Inc (PPLI) Director Michael D. Eisner Receives 2,076 Shares
What Happened Michael D. Eisner, a director of People Inc (PPLI), received 2,076 common shares on June 11, 2026 through the exercise/conversion of a derivative instrument (reported with code M). The filing shows the shares acquired at $0.00 per share (no cash paid). The same filing also records a corresponding disposition of 2,076 units of the derivative instrument, reflecting the conversion/settlement that resulted in issuance of the common shares.
Key Details
- Transaction date: 2026-06-11; Transaction code: M (exercise or conversion of derivative).
- Shares acquired: 2,076 common shares at $0.00 per share; a matching disposition of 2,076 derivative units was also reported.
- Footnote F1: These shares reflect common stock acquired upon vesting of restricted stock units (RSUs).
- Footnote F2: The RSUs vest in equal installments on June 11 of 2025, 2026 and 2027, subject to continued service.
- Shares owned after the transaction: not specified in the summary data provided.
Context This transaction represents RSU vesting/conversion into common stock rather than an open‑market purchase or sale. No cash changed hands on the reported date (price $0.00), so it reflects award settlement/vesting. Such vesting is typically routine for executives and directors and should not be read as a buy/sell signal by itself.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.0001
[F1]2026-06-11+2,076→ 174,581 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-06-11−2,076→ 2,076 totalExercise: $0.00→ Common Stock, par value $0.0001 (2,076 underlying)
- 40,555(indirect: By Trust)
Common Stock, par value $0.0001
Footnotes (2)
- [F1]Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs").
- [F2]Represents RSUs that vest in equal installments on each of June 11, 2025, 2026, and 2027, subject to continued service.