Form 4: Torrid Holdings CFO Paula Dempsey Reports Share Disposal for Tax Liabilities
SEC Form 4 Filing
Paula Dempsey, CFO of Torrid Holdings Inc., disposed of 2,356 shares of common stock on March 27, 2024, to cover tax liabilities related to vesting restricted stock.
Summary
- On March 27, 2024, Paula Dempsey, the Chief Financial Officer of Torrid Holdings Inc. (CURV), disposed of 2,356 shares of common stock.
- The transaction was executed to satisfy tax liabilities associated with the vesting of restricted stock.
- The shares were sold at a price of $4.59 per share.
- Following the transaction, Dempsey directly owns 106,389 shares of Torrid Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO, trade their company's stock. These filings provide transparency into the transactions of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of transaction: Paula Dempsey disposed of shares to cover tax liabilities. |
| 03/28/2024 | Date of signature on the Form 4 filing. |
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