Form 4: Torrid COO Sells Shares for Tax Obligations
Insider Transaction Report
Torrid Holdings Inc.'s Chief Operating Officer, Hyon C. Park, disposed of 8,984 common shares to cover tax liabilities related to restricted stock vesting.
Summary
- Hyon C. Park, Chief Operating Officer of Torrid Holdings Inc. (CURV), disposed of 8,984 shares of common stock.
- The transaction occurred on August 22, 2025, at a price of $2.28 per share.
- This disposition was made to satisfy tax liabilities associated with the vesting of restricted stock.
- Following this transaction, Mr. Park beneficially owns 219,118 shares of common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding related to restricted stock vesting, which is a neutral event and does not indicate a positive or negative sentiment towards the company's prospects.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a market sale.
- Employees: Reflects standard equity compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 08/22/2025 | Date of transaction where shares were disposed of to satisfy tax liabilities. |
| 08/26/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Torrid Holdings Inc., CURV, Hyon C. Park, Chief Operating Officer, COO, SEC Form 4, insider transaction, stock disposition, tax withholding, restricted stock vesting, common stock
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