Children’s Place (PLCE) director awarded 33,898 restricted shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Children’s Place director Arshad Hussan reported an equity award of common stock of The Children’s Place, Inc. The filing shows an acquisition of 33,898 shares of common stock on February 3, 2026 at a price of $0 per share, reflecting a stock-based grant rather than an open-market purchase.
These shares represent common stock underlying time-based restricted stock units granted under the Company’s 2011 Equity Incentive Plan, and are scheduled to be delivered to the director on the first anniversary of the grant date, subject to plan conditions. After this grant, Hussan beneficially owns 56,865 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arshad Hussan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.10 per share | 33,898 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.10 per share — 56,865 shares (Direct)
Footnotes (1)
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FAQ
What did PLCE director Arshad Hussan report in this Form 4 filing?
He reported receiving a stock-based equity grant. The filing shows an acquisition of 33,898 shares of Children’s Place common stock on February 3, 2026 at $0 per share, reflecting a restricted stock unit award under the company’s 2011 Equity Incentive Plan.
When will the granted PLCE restricted stock units be delivered to Arshad Hussan?
The shares are deliverable on the first anniversary of grant. The RSUs granted on February 3, 2026 will convert into deliverable common shares one year later, subject to the terms and conditions of The Children’s Place 2011 Equity Incentive Plan.
What is the nature of the PLCE equity grant reported by Arshad Hussan?
The grant consists of time-based restricted stock units. These RSUs represent shares of Children’s Place common stock issued under the 2011 Equity Incentive Plan, with delivery of shares scheduled on the first anniversary of the February 3, 2026 grant date.