Childrens Place (PLCE) CAO uses 964 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Childrens Place, Inc. reported a routine insider equity event involving its CAO, General Counsel and Secretary, Jared Shure. On May 22, 2026, 964 shares of common stock were withheld at $3.40 per share to cover tax liabilities from vesting restricted stock units.
These shares were not sold in the open market but used to satisfy tax obligations tied to equity compensation. After this tax-withholding disposition, Shure directly holds 153,515 shares of common stock, including dividend equivalent shares that have accrued on his awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shure Jared
Role
CAO, GEN COUNSEL & SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.10 per share | 964 | $3.40 | $3K |
Holdings After Transaction:
Common Stock, par value $0.10 per share — 153,515 shares (Direct, null)
Footnotes (1)
- These shares reported were withheld to pay tax liabilities incident to the vesting of the restricted stock units on May 22, 2026. Includes dividend equivalent shares that have accrued thereon.
Key Figures
Shares withheld for taxes: 964 shares
Withholding price: $3.40 per share
Shares held after transaction: 153,515 shares
3 metrics
Shares withheld for taxes
964 shares
Withheld to pay tax liabilities on RSU vesting on May 22, 2026
Withholding price
$3.40 per share
Value used for shares withheld for tax liabilities
Shares held after transaction
153,515 shares
Direct holdings following the tax-withholding disposition
Key Terms
restricted stock units, dividend equivalent shares, tax liabilities
3 terms
restricted stock units financial
"vesting of the restricted stock units on May 22, 2026"
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.
tax liabilities financial
"withheld to pay tax liabilities incident to the vesting"
FAQ
What insider transaction did Childrens Place (PLCE) report for Jared Shure?
Childrens Place reported that CAO and General Counsel Jared Shure had 964 shares withheld to cover tax liabilities from vesting restricted stock units. This Form 4 event reflects equity-compensation tax settlement, not an open-market purchase or sale of PLCE shares.
Was the PLCE insider transaction by Jared Shure an open-market sale?
No, the transaction was not an open-market sale. 964 shares of Childrens Place common stock were withheld to pay tax liabilities related to restricted stock units vesting, a standard equity-compensation mechanism rather than a discretionary decision to sell shares in the market.