EISNER MICHAEL D 4

What Happened

• Michael D. Eisner, a director of People Inc (PPLI), reported the conversion/settlement of 1,609 derivative awards into 1,609 common shares on June 15, 2026.
• The filing shows the shares were acquired at $0.00 (no cash paid). No cash proceeds or sale price is reported in the transaction entries.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17.
• Reported transactions: 1,609 shares acquired via exercise/conversion of a derivative (code M) and a corresponding derivative disposition of 1,609 shares (both at $0.00).
• Shares owned after the transaction: not specified in the provided data.
• Footnotes: F1 — these shares reflect IAC common stock acquired upon vesting of restricted stock units (RSUs). F2 — the RSUs vested in equal installments on June 15, 2024, 2025, and 2026, subject to continued service.
• No indication the filing was late.

Context

• This appears to be a routine vesting/settlement of RSUs (an award conversion), not a market purchase or sale. The M code here reflects conversion/exercise of a derivative instrument into common shares.
• Such vesting events are compensation-related and do not by themselves indicate insider buying or selling sentiment.