Torrid (CURV) COO Hyon C. Park has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. Chief Operating Officer Hyon C. Park had 2,759 shares of common stock withheld on April 2 to cover tax liabilities tied to the vesting of restricted stock. The shares were valued at $1.82 per share for this withholding. After the transaction, Park directly held 348,155 shares of Torrid common stock, so this was a routine compensation-related tax event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Park Hyon C.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,759 | $1.82 | $5K |
Holdings After Transaction:
Common Stock — 348,155 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,759 shares
Withholding price per share: $1.82 per share
Shares held after transaction: 348,155 shares
3 metrics
Shares withheld for taxes
2,759 shares
Tax-withholding disposition on April 2, 2026
Withholding price per share
$1.82 per share
Value used for tax-withholding transaction
Shares held after transaction
348,155 shares
Direct holdings of Hyon C. Park after April 2, 2026
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 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 insider transaction did Torrid Holdings (CURV) report for Hyon C. Park?
Torrid Holdings reported that COO Hyon C. Park had 2,759 common shares withheld on April 2 to satisfy tax liabilities from vesting restricted stock, a routine compensation-related event rather than an open-market purchase or sale of shares.
Was the Torrid Holdings (CURV) Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition, coded "F", where 2,759 shares were withheld to pay taxes on vesting restricted stock. This is an administrative step by the company, not a discretionary open-market sale by the executive.
What does transaction code "F" mean in the Torrid Holdings (CURV) Form 4?
Transaction code "F" indicates payment of exercise price or tax liability by delivering securities. In this case, 2,759 shares of Torrid common stock were withheld to satisfy tax obligations arising from the vesting of restricted stock awarded to the executive.
Does the Torrid Holdings (CURV) Form 4 indicate any option exercises or derivative activity?
No derivative activity is reported in this Form 4. The filing only shows a non-derivative common stock transaction for tax withholding tied to restricted stock vesting, and the derivative summary section contains no remaining option or similar derivative positions.