Form 4: Torrid Holdings Inc. COO Hyon Park Reports Share Withholding for Tax Liabilities

Hyon Park, COO of Torrid Holdings Inc., reports the withholding of 3,888 common stock shares to cover tax liabilities related to the vesting of restricted stock on March 27, 2025.

Summary

• On March 27, 2025, Hyon Park, the Chief Operating Officer of Torrid Holdings Inc. (CURV), had 3,888 shares of common stock withheld to cover tax liabilities.
• This transaction occurred in connection with the vesting of restricted stock.
• The price per share for the withholding was $5.74.
• Following the transaction, Park directly owns 231,466 shares of Torrid Holdings Inc.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (tax withholding) and doesn't indicate any significant positive or negative developments for the company. It's a neutral event from an investment perspective.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations related to executive compensation.

Key Dates

Keywords

Form 4, Torrid Holdings Inc., CURV, Hyon Park, Chief Operating Officer, Stock Withholding, Tax Liabilities, Restricted Stock, Beneficial Ownership