Public Policy Holding (NASDAQ: PPHC) legal chief granted 49,074 shares

(Neutral)

Form Type

Rhea-AI Filing Summary

Public Policy Holding Company, Inc. reported that Chief Legal Officer Neal Howard Strum received a grant of 49,074 shares of common stock on June 12, 2026. The award was recorded at a price of $0.00 per share, indicating it was compensation rather than an open-market purchase.

Following this grant, Strum directly holds a total of 107,894 shares of the company’s common stock. This filing reflects an increase in his equity stake through a single compensation-related award and does not involve any share sales or derivative exercises.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Strum Neal Howard

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.001 par value	49,074	$0.00	--

Holdings After Transaction: Common Stock, $0.001 par value — 107,894 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 49,074 shares Price per granted share: $0.00 per share Total shares after grant: 107,894 shares +1 more

4 metrics

Shares granted 49,074 shares Equity award on June 12, 2026

Price per granted share $0.00 per share Recorded grant price for compensation award

Total shares after grant 107,894 shares Direct ownership following the transaction

Transaction code A Grant, award, or other acquisition of common stock

Key Terms

Form 4, grant/award acquisition, Common Stock, $0.001 par value, Chief Legal Officer

4 terms

Form 4 regulatory

"Public Policy Holding Company, Inc. reported the transaction on Form 4 insider reporting."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

grant/award acquisition financial

"The transaction is described as a grant/award acquisition of 49,074 shares."

Common Stock, $0.001 par value financial

"The security involved is Common Stock, $0.001 par value."

Chief Legal Officer other

"Neal Howard Strum serves as Chief Legal Officer of the company."

A chief legal officer is a senior executive responsible for overseeing a company's legal matters, ensuring that its activities comply with laws and regulations. They act like a company's legal guide, helping to prevent legal problems and manage risks. For investors, understanding this role is important because it reflects how well a company manages legal risks that could impact its stability and reputation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/16/2026 - 05:41 PM Accepted by SEC EDGAR 06/16/2026 - 05:41 PM

FAQ

What insider transaction did PPHC report for Neal Howard Strum?

Public Policy Holding Company, Inc. reported that Chief Legal Officer Neal Howard Strum received a grant of 49,074 shares of common stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related equity grant rather than a market purchase.

How many PPHC shares does Neal Howard Strum hold after this Form 4?

After the June 12, 2026 grant, Neal Howard Strum directly holds 107,894 shares of Public Policy Holding Company, Inc. common stock. This total reflects the addition of 49,074 granted shares and shows his updated direct ownership position as reported in the Form 4.

Was the PPHC transaction a stock purchase or an equity award?

The transaction was an equity award, not an open-market purchase. Neal Howard Strum received 49,074 shares at a reported price of $0.00 per share, which is characteristic of a grant or award as part of compensation rather than buying shares on the open market.

Did Neal Howard Strum sell any PPHC shares in this Form 4 filing?

No, the Form 4 shows no share sales by Neal Howard Strum. It reports a single acquisition transaction coded “A” for a grant, award, or other acquisition of 49,074 shares, with no sell transactions or dispositions disclosed in this particular filing.

What does transaction code “A” mean in the PPHC Form 4?

Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of securities. For PPHC, it shows Chief Legal Officer Neal Howard Strum received 49,074 shares of common stock as a compensation-related award, rather than through a purchase in the market.

Is the PPHC Form 4 transaction classified as direct or indirect ownership?

The Form 4 classifies Neal Howard Strum’s ownership of these shares as direct. The transaction’s ownership code is “D,” and the nature of ownership is reported without additional intermediary entities, meaning the 107,894 total shares are held directly in his name.

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^*

Strum Neal Howard

(Last)

(First)

(Middle)

800 NORTH CAPITOL STREET, NW

SUITE 800

(Street)

WASHINGTON

DISTRICT OF COLUMBIA

20002

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Public Policy Holding Company, Inc. [ PPHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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, $0.001 par value	06/12/2026		A		49,074	A	$0	107,894	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)

Explanation of Responses:

Remarks:

	/s/ Neal Howard Strum	06/16/2026
	** 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