It’s something small—literally quite small—, but I did it. It took a lot of trial and error—perhaps more than it should’ve taken. All I used was Excel and Paint.net.
It’s a bit squishy-squashed, but that’s the Greyfolk word «pe», which is the first-person singular pronoun, translated into English as “I” or “me”, depending on the context.
Furthermore, it almost ended up being «pom», which is a verb that can be translated into English as “to love”.
Honestly, I’d prefer to «pom» to «pe», but I think «pe» looks a lot better as a 16×16 icon. But I might change my mind.