[Form 4] Childrens Place, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Children's Place executive Jared Shure, CAO and General Counsel, reported equity compensation activity in company common stock. He received an award of 7,525 shares tied to performance share and restricted stock unit vesting on April 15, 2026. In connection with these vestings, a total of 8,845 shares were surrendered at a price of $3.32 per share to cover tax liabilities, which are coded as tax-withholding dispositions, not open-market sales. Following these transactions, Shure directly holds 154,479 shares of The Children's Place common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Shure Jared
Role
CAO, GEN COUNSEL & SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.10 per share | 4,181 | $3.32 | $14K |
| Tax Withholding | Common Stock, par value $0.10 per share | 2,019 | $3.32 | $7K |
| Grant/Award | Common Stock, par value $0.10 per share | 7,525 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.10 per share | 2,360 | $3.32 | $8K |
| Tax Withholding | Common Stock, par value $0.10 per share | 285 | $3.32 | $946.20 |
Holdings After Transaction:
Common Stock, par value $0.10 per share — 151,618 shares (Direct)
Footnotes (1)
- The shares reported were withheld to pay tax liabilities incident to the vesting of performance-based restricted stock units ("2024 PRSUs") on April 15, 2026, as fully described in the Reporting Person's Statement of Changes in Beneficial Ownership on Form 4 filed on November 5, 2024. As disclosed in the Definitive Proxy Statement on Schedule 14A filed by The Children's Place, Inc. (the "Company") on April 10, 2026, the 2024 PRSUs tie payouts directly to Company performance based on pre-established performance metrics for fiscal 2025 for vesting year 2 of such awards, using an Adjusted Free Cash Flow metric for fiscal 2025. The Company's performance fell below the threshold amount of Adjusted Free Cash Flow for fiscal 2025 which resulted in 0% vesting for such awards. However, on March 11, 2026, the Company's Human Capital & Compensation Committee determined to award Mr. Shure with one hundred percent (100%) of the shares referred to above regarding the second vesting year of the 2024 PRSUs. These shares reported were withheld to pay tax liabilities incident to the vesting of dilution protection performance-based restricted stock units described in footnote 1 above, on April 15, 2026. The shares reported represent shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying performance shares granted under the Company's 2011 Equity Incentive Plan (the "Plan") on June 9, 2023. As a result of the occurrence of the Change in Control at the Company on February 13, 2024, and in accordance with the terms and conditions of the Plan, all performance shares granted but unvested had performance criteria eliminated and the shares reported vested and were delivered on April 15, 2026. These shares reported were withheld to pay tax liabilities incident to the vesting of the restricted stock units described in footnote 4 above, on April 15, 2026. These shares reported were withheld to pay tax liabilities incident to the vesting of dilution protection restricted stock units described in footnote 4 above, on April 15, 2026. Includes dividend equivalent shares that have accrued thereon.
Key Figures
Equity award shares: 7,525 shares
Tax-withheld shares: 8,845 shares
Tax withholding price: $3.32 per share
+1 more
4 metrics
Equity award shares
7,525 shares
Performance share and RSU vesting on April 15, 2026
Tax-withheld shares
8,845 shares
Shares withheld to cover tax liabilities at vesting
Tax withholding price
$3.32 per share
Value used for tax-withholding dispositions
Shares owned after transactions
154,479 shares
Direct holdings after April 15, 2026 Form 4 transactions
Key Terms
performance-based restricted stock units, Adjusted Free Cash Flow, Change in Control, dividend equivalent shares, +1 more
5 terms
performance-based restricted stock units financial
"the vesting of performance-based restricted stock units ("2024 PRSUs") on April 15, 2026"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Adjusted Free Cash Flow financial
"using an Adjusted Free Cash Flow metric for fiscal 2025"
Adjusted free cash flow is the amount of money a company generates from its operations after accounting for essential expenses and investments, like maintaining or upgrading equipment. It shows how much cash is truly available to grow the business, pay debts, or return to shareholders, helping investors see the company's financial health more clearly.
Change in Control financial
"As a result of the occurrence of the Change in Control at the Company on February 13, 2024"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Human Capital & Compensation Committee financial
"the Company's Human Capital & Compensation Committee determined to award Mr. Shure"
FAQ
What did Jared Shure report in his latest Form 4 for PLCE?
Jared Shure reported equity compensation activity, including an award of 7,525 shares of The Children's Place common stock and related tax-withholding share dispositions on April 15, 2026, tied to vesting of performance-based and other restricted stock units.
What equity awards did Jared Shure receive from The Children’s Place?
He received 7,525 shares of common stock as part of performance share and restricted stock unit vesting, including awards originally granted under the company’s 2011 Equity Incentive Plan and tied to performance-based restricted stock units and dilution protection units.
How did company performance affect Jared Shure’s 2024 PRSUs at PLCE?
The 2024 performance-based restricted stock units used an Adjusted Free Cash Flow metric for fiscal 2025 and would have vested at 0% because performance fell below the threshold. However, the Human Capital & Compensation Committee determined to award Shure 100% of the referenced shares for the second vesting year.