Torrid Holdings (CURV) insider has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. executive Bridgett C. Zeterberg reported a routine tax-related share withholding. On the vesting of restricted stock, 2,317 shares of common stock were withheld at $1.71 per share to cover tax liabilities. After this non‑market transaction, she directly holds 318,861 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zeterberg Bridgett C.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,317 | $1.71 | $4K |
Holdings After Transaction:
Common Stock — 318,861 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Bridgett C. Zeterberg report at Torrid Holdings (CURV)?
Bridgett C. Zeterberg reported a tax-related share withholding, where 2,317 Torrid Holdings common shares were withheld upon restricted stock vesting. This covered tax liabilities rather than reflecting an open-market purchase or sale, and is considered a routine compensation-related transaction.
Was the Torrid Holdings (CURV) Form 4 transaction an open-market sale or purchase?
The transaction was not an open-market sale or purchase. It was a Form 4 code F event, where 2,317 shares were withheld to cover tax liabilities triggered by restricted stock vesting, making it a routine compensation-related adjustment rather than a discretionary trade.
What does Form 4 code F mean in the Torrid Holdings (CURV) filing?
Form 4 code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 2,317 Torrid Holdings shares were withheld upon restricted stock vesting to satisfy tax obligations, rather than being sold on the open market for cash proceeds.