(SEC Amendment) Children's Place(PLCE.US) 10% Shareholder Buys US$20.39 Million in Common Stocks

moomoo News ·  Feb 16 20:25

$Children's Place (PLCE.US)$ 10% Shareholder Mithaq Capital SPC purchased 1.85 million shares of Common Stocks on Feb 9, 2024 at an average price of $11.02 for a total value of $20.39 million.

This transaction involves other related parties: Mithaq Global, Mithaq Capital, Alrajhi Turki Saleh A., Seemab Muhammad Asif and Snowball Compounding Ltd..


What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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