EISNER MICHAEL D 4
Research Summary
AI-generated summary
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.