Torrid CEO has shares withheld for tax on vesting
Torrid Holdings Inc. Chief Executive Officer Lisa M. Harper reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Torrid Holdings Inc. Chief Executive Officer Lisa M. Harper reported a routine tax-related share disposition. On March 25, 6,523 shares of common stock were withheld at $1.71 per share to cover tax liabilities triggered by the vesting of restricted stock, rather than through an open-market sale. After this withholding, she directly holds 5,432,371 shares of Torrid common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 6,523 shares
Exercise Price or Tax Liability
1 txn
Insider
HARPER LISA M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,523 | $1.71 | $11K |
Holdings After Transaction:
Common Stock — 5,432,371 shares (Direct)
Footnotes (1)
- F1. Reflects the withholding of shares to satisfy tax liabilities in connection with the vesting of restricted stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CURV CEO Lisa Harper report on March 25?
Lisa Harper reported a tax-related share disposition. 6,523 Torrid Holdings common shares were withheld at $1.71 each to satisfy tax liabilities from vesting restricted stock, rather than being sold on the open market.
What does the F code mean in Lisa Harper’s CURV Form 4 transaction?
The F code indicates shares were used to pay taxes or exercise costs. In this case, 6,523 Torrid Holdings shares were withheld to cover tax liabilities from restricted stock vesting, a non-market tax-withholding disposition, not a strategic buy or sell decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.