Torrid Holdings (NYSE: CURV) director receives 81,169 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. director Theo Killion received an equity grant in the form of restricted stock units. The award covers 81,169 shares of common stock at no cash cost and is classified as a grant, award, or other acquisition. These restricted stock units will vest on June 2, 2027, meaning they convert into shares only if the vesting conditions are met. After this award, Killion’s direct holdings reported in this filing total 184,849 shares of common stock, reflecting his ongoing equity-based compensation and alignment with shareholder interests rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Killion Theo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 81,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 184,849 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 81,169 shares
Grant price per share: $0.00 per share
Holdings after transaction: 184,849 shares
+1 more
4 metrics
RSU grant size
81,169 shares
Restricted stock units awarded to director on June 2, 2026
Grant price per share
$0.00 per share
Equity award, not an open-market purchase
Holdings after transaction
184,849 shares
Total direct common stock reported after grant
Vesting date
June 2, 2027
Restricted stock units vesting schedule
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock
3 terms
restricted stock units financial
"Represents restricted stock units that will vest on June 2, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CURV director Theo Killion report?
Theo Killion reported an equity grant of 81,169 restricted stock units of Torrid Holdings Inc. common stock. The award is a compensation grant, not an open-market trade, and increases his direct reported holdings to 184,849 shares following the transaction.
When do Theo Killion’s new CURV restricted stock units vest?
The 81,169 restricted stock units granted to director Theo Killion will vest on June 2, 2027. Vesting means the units convert into common shares only if he remains eligible under the award terms through that future date.
Was the CURV insider transaction a stock purchase or sale?
The reported CURV insider transaction was not a market purchase or sale. It was a grant or award acquisition of 81,169 restricted stock units with a per-share price of $0.00 as part of equity compensation for director Theo Killion.
What does transaction code “A” mean in the CURV Form 4 filing?
In this CURV Form 4, transaction code “A” indicates a grant, award, or other acquisition of securities. Here, it reflects an 81,169 restricted stock unit award to director Theo Killion, received as equity compensation rather than through buying shares on the open market.