Leadership & Pay ·
On August 11, 2026, controlling shareholder Mithaq Capital SPC entered into a Restricted Stock Transfer Agreement with…
PLCEChildrens Place, Inc.
On August 11, 2026, controlling shareholder Mithaq Capital SPC entered into a Restricted Stock Transfer Agreement with Muhammad Asif Seemab, the Company’s Vice Chairman, President, and Interim CEO. Under this agreement, Mithaq agreed to transfer 500,000 shares of common stock to Mr. Seemab, subject to vesting conditions tied to market capitalization milestones of $265 million, $400 million, and $600 million, measured via a 45-day volume-weighted average price. The shares are forfeited if unvested after five years or upon termination of employment. This transaction was approved as a related person transaction by the Company. The Children’s Place, Inc. operates in the retail industry, specifically selling children's clothing and accessories through stores and e-commerce platforms.