Torrid Holdings (CURV) CCO covers tax via share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. reported that Chief Commercial Officer Ashlee Wheeler had 2,425 shares of common stock withheld on April 2, 2026 to satisfy tax liabilities tied to the vesting of restricted stock. The shares were valued at $1.82 each for this tax-withholding event.
After this non-market transaction, Wheeler directly owns 235,869 shares of Torrid common stock. This Form 4 reflects a routine tax-withholding disposition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wheeler Ashlee
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,425 | $1.82 | $4K |
Holdings After Transaction:
Common Stock — 235,869 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,425 shares
Withholding price per share: $1.82
Shares owned after transaction: 235,869 shares
+1 more
4 metrics
Shares withheld for taxes
2,425 shares
Restricted stock vesting on April 2, 2026
Withholding price per share
$1.82
Value used to satisfy tax liabilities
Shares owned after transaction
235,869 shares
Direct common stock holdings after April 2, 2026 Form 4
Tax-withholding transactions in filing
1 transaction, 2,425 shares
Form 4 transactionSummary for code F
Key Terms
restricted stock, withholding of shares, tax liabilities, tax-withholding disposition
4 terms
restricted stock financial
"in connection with the vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax liabilities financial
"withholding of shares to satisfy tax liabilities in connection"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Torrid Holdings (CURV) disclose in Ashlee Wheeler’s latest Form 4?
Torrid Holdings disclosed that Chief Commercial Officer Ashlee Wheeler had 2,425 shares withheld to cover taxes on restricted stock vesting. This is a routine tax-withholding disposition, not an open-market trade, and leaves her with 235,869 directly owned shares.
Was there an open-market sale or purchase in the Torrid (CURV) Form 4 for Ashlee Wheeler?
No open-market sale or purchase occurred in this Form 4. The filing reports an F-code transaction, meaning 2,425 shares were withheld by Torrid to cover tax liabilities from restricted stock vesting, a non-market, compensation-related disposition.
What does transaction code F mean in the Torrid (CURV) Form 4 for Ashlee Wheeler?
Transaction code F indicates a payment of tax liability or exercise price using shares. In this case, 2,425 Torrid shares were withheld to satisfy Ashlee Wheeler’s tax obligations upon restricted stock vesting, rather than being bought or sold in the open market.
How large is the tax-withholding event relative to Ashlee Wheeler’s Torrid (CURV) holdings?
The tax-withholding event involved 2,425 shares, compared with 235,869 shares held afterward. This means only a small portion of Ashlee Wheeler’s equity position was used to cover taxes arising from the vesting of restricted stock awards.