Form 4: Torrid Holdings Inc.: CFO Paula Dempsey Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Paula Dempsey, CFO of Torrid Holdings Inc., reports disposals of common stock to cover tax liabilities related to vesting restricted stock.
Summary
- On January 2, 2025, Paula Dempsey, the Chief Financial Officer of Torrid Holdings Inc. (CURV), disposed of 617 shares of common stock at a price of $5.28 to cover tax liabilities.
- On January 3, 2025, Ms. Dempsey disposed of an additional 4,942 shares of common stock at a price of $5.68 for the same reason.
- Following these transactions, Ms. Dempsey directly owns 144,829 shares of Torrid Holdings Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions for tax purposes and doesn't indicate any strategic shift or concern.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates routine tax-related stock disposals, which are common.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on stakeholders as they are related to tax obligations and represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Paula Dempsey disposed of 617 shares of common stock at $5.28 per share. |
| 01/03/2025 | Paula Dempsey disposed of 4,942 shares of common stock at $5.68 per share. |
| 01/06/2025 | Date of signature for the report. |
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