Torrid CCO has 605 shares withheld for taxes
Torrid Holdings Inc. Chief Commercial Officer Ashlee Wheeler had 605 shares of common stock withheld at $1.74 per share to cover tax liabilities related to vested restricted stock.
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Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. Chief Commercial Officer Ashlee Wheeler had 605 shares of common stock withheld at $1.74 per share to cover tax liabilities related to vested restricted stock. This is recorded as a tax-withholding disposition, not an open-market trade.
After this transaction, Wheeler directly owns 206,251 shares of Torrid common stock. This total includes 1,000 shares acquired through the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan for the purchase period from January 1, 2026 through June 30, 2026, bought at 85% of the stock’s closing price on January 1, 2026.
Insider Trade Summary
Exercise Price or Tax Liability: 605 shares
Exercise Price or Tax Liability
1 txn
Insider
Wheeler Ashlee
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 605 | $1.74 | $1K |
Holdings After Transaction:
Common Stock — 206,251 shares (Direct)
Footnotes (2)
- F1. Reflects the withholding of shares to satisfy tax liabilities in connection with the vesting of restricted stock.
- F2. Includes 1,000 shares purchased pursuant to the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of January 1, 2026 through June 30, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on January 1, 2026.
Key Figures
Tax-withheld shares: 605 shares
Tax-withholding share value: $1.74 per share
Post-transaction holdings: 206,251 shares
+2 more
5 metrics
Tax-withheld shares
605 shares
Withheld to satisfy tax liabilities on vested restricted stock
Tax-withholding share value
$1.74 per share
Value used for 605 shares withheld
Post-transaction holdings
206,251 shares
Common stock directly owned by Wheeler after transaction
ESPP shares
1,000 shares
Purchased under 2026 ESPP period Jan 1–Jun 30, 2026
ESPP discount
85% of closing price
Purchase price vs. closing price on January 1, 2026
Key Terms
restricted stock, tax-withholding disposition, Employee Stock Purchase Plan, ESPP, +1 more
5 terms
restricted stock financial
"Reflects the withholding of shares to satisfy tax liabilities in connection with the vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of exercise price or tax liability."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Purchase Plan financial
"Includes 1,000 shares purchased pursuant to the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan ("ESPP")."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price."
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
vesting financial
"tax liabilities in connection with the vesting of restricted stock."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Torrid Holdings (CURV) executive Ashlee Wheeler report in this Form 4?
Ashlee Wheeler reported a tax-withholding disposition of 605 shares of Torrid common stock at $1.74 per share. The shares were withheld to satisfy tax liabilities tied to restricted stock vesting, rather than sold in the open market.
Was the Torrid (CURV) Form 4 transaction an open-market sale by Ashlee Wheeler?
No, the Form 4 shows no open-market sale. Instead, 605 shares were withheld by the company to cover tax obligations from restricted stock vesting, a common administrative mechanism rather than a discretionary sale decision by Wheeler.
What does a tax-withholding disposition mean in Torrid (CURV) insider filings?
A tax-withholding disposition means the company withholds shares, like the 605 shares here, to pay taxes on vested equity awards. It reduces the insider’s share count but does not involve a market sale, so it carries limited signaling about the insider’s view of the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
