---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-097257"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2026-08-14T20:34:41+00:00"
generated_at: "2026-08-14T20:45:20.607568+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mithaq grants 500k restricted shares to Children's Place interim CEO with market-cap vesting

## Summary
- Mithaq Capital SPC transfers 500,000 PLCE shares to President/Interim CEO Muhammad Asif Seemab on Aug 11, 2026.
- Vesting in three tranches (166,667/166,667/166,666) at market caps of $265M, $400M, $600M based on 45-day VWAP.
- Unvested shares forfeited after 5 years or upon termination of employment; dividends on unvested shares held in escrow.
- Company not a party; transaction approved as related person transaction (Seemab is Mithaq director).
- Shares are restricted/control securities; no registration obligation by company.

## SEC filing metadata
- accession: 0001104659-26-097257
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2026-08-14T20:34:41+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041859/000110465926097257/0001104659-26-097257-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000110465926097257/tm2623304d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-097257
- JSON: https://secwatch.observer/filing/0001104659-26-097257.json
- Plain text: https://secwatch.observer/filing/0001104659-26-097257.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.