Torrid Holdings (NYSE: CURV) executive reports tax-withheld stock from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. executive Abaelu Chinwe reported a tax-withholding share disposition related to equity compensation. On this Form 4, 1,481 shares of common stock were withheld at $1.78 per share to cover tax liabilities from vesting restricted stock. After the withholding, Chinwe directly holds 228,349 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abaelu Chinwe
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,481 | $1.78 | $3K |
Holdings After Transaction:
Common Stock — 228,349 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,481 shares
Withholding price: $1.78 per share
Shares held after transaction: 228,349 shares
3 metrics
Shares withheld for taxes
1,481 shares
Tax-withholding disposition on common stock
Withholding price
$1.78 per share
Value used for tax-withholding disposition
Shares held after transaction
228,349 shares
Direct holdings following tax withholding
Key Terms
restricted stock, tax liabilities, withholding of shares, 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"
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 Abaelu Chinwe report in the latest CURV Form 4 filing?
Abaelu Chinwe reported a disposition of 1,481 Torrid Holdings common shares. The shares were withheld at $1.78 each to satisfy tax liabilities from vesting restricted stock, leaving Chinwe with 228,349 directly held shares afterward.
What does transaction code F mean in the CURV Form 4 for Abaelu Chinwe?
Transaction code F indicates a tax-related disposition where shares are delivered to cover exercise price or tax liabilities. In this case, 1,481 shares were withheld to satisfy taxes arising from the vesting of restricted stock, not sold on the open market.
How large is the tax-withholding transaction in the CURV Form 4?
The transaction involves 1,481 Torrid Holdings common shares at $1.78 per share. This withholding is relatively small compared with the 228,349 shares that Abaelu Chinwe continues to hold directly after the tax-related disposition.