Form 4: Torrid Holdings Inc. Executive Elizabeth Munoz Reports Share Withholding for Tax Liabilities
SEC Filing Form 4
Elizabeth Munoz, Chief Creative Officer of Torrid Holdings Inc., reports withholding of 4,249 shares of common stock to cover tax obligations related to vesting restricted stock on July 6, 2024.
Summary
- On July 9, 2024, Elizabeth Munoz, Chief Creative Officer of Torrid Holdings Inc. (CURV), filed a Form 4 with the SEC.
- The form reports a transaction on July 6, 2024, where 4,249 shares of common stock were withheld to satisfy tax liabilities associated with the vesting of restricted stock.
- The price per share for the transaction was $7.92.
- Following the transaction, Munoz directly owns 2,165,100 shares of Torrid Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing reporting a standard transaction (share withholding for tax purposes). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine adjustment of share ownership due to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/06/2024 | Date of transaction: withholding of shares for tax liabilities. |
| 07/09/2024 | Date of Form 4 filing. |
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