|4Feb 5, 4:30 PM ET

Arshad Hussan 4

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Childrens Place (PLCE) Director Arshad Hussan Receives Award

What Happened Arshad Hussan, a director of Childrens Place, Inc. (PLCE), was granted 33,898 shares underlying time‑restricted stock units (RSUs) on February 3, 2026. The award was recorded at $0.00 per share (a standard grant — no cash paid). Per the filing, these shares are deliverable to Mr. Hussan on the first anniversary of the grant, subject to the Company’s 2011 Equity Incentive Plan.

Key Details

  • Transaction date and type: 2026-02-03 — Award/Grant of 33,898 RSUs (code A).
  • Price reported: $0.00 per share (grant price); no cash proceeds.
  • Delivery/vesting: Shares are deliverable on the first anniversary of the grant (see footnote F1).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing: Form 4 filed Feb 5, 2026 (appears timely—within the required two business days).
  • Footnote: F1 confirms these are common shares underlying time‑restricted stock units granted under the 2011 Equity Incentive Plan and subject to plan terms.

Context This was a compensation grant (RSUs), not a purchase or sale, so it does not represent an immediate market transaction or proceeds. Grants are a routine part of executive/director compensation; the economic value to the insider will depend on the Company’s stock price at vesting and any applicable tax or withholding rules.