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Childrens Place authorizes shares for 250,000-share award

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Form Type
4

Rhea-AI Filing Summary

Childrens Place, Inc. (PLCE) reported a disposition involving 239,085 shares underlying Chief Strategy Officer Umair Muhammad’s previously granted restricted stock units; the units were canceled on September 11, 2026, under his employment adjustment letter, net of shares previously withheld for taxes. On October 14, 2026, the company authorized underlying shares for a 250,000-share RSU grant, based on a $1.19 closing stock price. The award vests in two 125,000-share tranches upon market-capitalization milestones, provided Muhammad is employed on each vesting date and subject to the 2011 Equity Incentive Plan; the RSU agreement was finalized that day.

Insider Umair Muhammad
Role CHIEF STRATEGY OFFICER
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.10 per share F2 250,000 $0.00 $0.00
Disposition Common Stock, par value $0.10 per share F1 239,085 $0.00 $0.00
Holdings After Transaction: Common Stock, par value $0.10 per share — 288,582 shares (Direct)
Footnotes (2)
  1. F1. Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying restricted stock units previously granted under the Company's 2011 Equity Incentive Plan (the "Plan") pursuant to restricted stock unit agreements entered into on November 1, 2024 and August 20,2025, which were cancelled pursuant to Mr. Umair's employment adjustment letter, dated as of September 11, 2026, net of any shares previously withheld to pay tax liabilities on such cancelled shares. Due to administrative oversight, this Form 4 is being filed late.
  2. F2. Represents shares of Common Stock, par value $0.10 per share, of the Company, underlying restricted stock units granted under the Plan on September 11, 2026 and amended on October 12, 2026, which shall vest in two tranches of 125,000 shares each upon the Company's achievement of certain market capitalization milestones, provided Mr. Umair is employed by the Company on each applicable vesting date, subject to the terms and conditions of the Plan. The Company authorized the grant of the underlying shares on October 14, 2026 based on the closing stock price of $1.19, subject to the finalization of the restricted stock unit agreement, which occurred on October 14, 2026.
Shares underlying canceled restricted stock units 239,085 shares Canceled September 11, 2026, net of shares previously withheld for tax liabilities
Shares covered by RSU grant 250,000 shares Underlying shares authorized October 14, 2026
Shares per vesting tranche 125,000 shares Two tranches, subject to market-capitalization milestones and continued employment
Closing stock price $1.19 Basis for authorizing the underlying shares on October 14, 2026
restricted stock units financial
"underlying restricted stock units granted under the Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
market capitalization milestones financial
"upon the Company's achievement of certain market capitalization milestones"
vest financial
"which shall vest in two tranches"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
2011 Equity Incentive Plan financial
"underlying restricted stock units previously granted under the Company's 2011 Equity Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How large was Umair Muhammad’s PLCE RSU award?

Childrens Place authorized underlying shares for an award covering 250,000 shares on October 14, 2026. The award is divided into two 125,000-share tranches that vest upon market-capitalization milestones, provided Muhammad is employed on each vesting date and subject to the 2011 Equity Incentive Plan.

What happened to 239,085 PLCE shares tied to Umair Muhammad?

239,085 shares underlying previously granted restricted stock units were canceled under Muhammad’s employment adjustment letter on September 11, 2026, net of shares previously withheld to pay tax liabilities.

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

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SEC Form 4
FORM 4UNITED 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*
Umair Muhammad

(Last)(First)(Middle)
C/O THE CHILDREN'S PLACE, INC.
500 PLAZA DRIVE

(Street)
SECAUCUS NEW JERSEY 07094

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Childrens Place, Inc. [ PLCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CHIEF STRATEGY OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.10 per share09/11/2026D239,085(1)D$038,582D
Common Stock, par value $0.10 per share10/14/2026A250,000(2)A$0288,582D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying restricted stock units previously granted under the Company's 2011 Equity Incentive Plan (the "Plan") pursuant to restricted stock unit agreements entered into on November 1, 2024 and August 20,2025, which were cancelled pursuant to Mr. Umair's employment adjustment letter, dated as of September 11, 2026, net of any shares previously withheld to pay tax liabilities on such cancelled shares. Due to administrative oversight, this Form 4 is being filed late.
2. Represents shares of Common Stock, par value $0.10 per share, of the Company, underlying restricted stock units granted under the Plan on September 11, 2026 and amended on October 12, 2026, which shall vest in two tranches of 125,000 shares each upon the Company's achievement of certain market capitalization milestones, provided Mr. Umair is employed by the Company on each applicable vesting date, subject to the terms and conditions of the Plan. The Company authorized the grant of the underlying shares on October 14, 2026 based on the closing stock price of $1.19, subject to the finalization of the restricted stock unit agreement, which occurred on October 14, 2026.
/s/ Kenneth Li, as Attorney-in-Fact for Muhammad Umair10/16/2026
** Signature of Reporting PersonDate
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)

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