Torrid Holdings (CURV) exec receives large option and RSU equity awards

Rhea-AI Filing Summary

Torrid Holdings Inc. executive Abaelu Chinwe reported equity awards and a share purchase. On March 16, 2026, Chinwe received options to buy 176,057 shares of common stock at $1.27 per share and 98,426 restricted stock units, both vesting in 25% annual installments from March 16, 2027 through March 16, 2030, subject to continued employment. A prior entry shows 1,000 shares of common stock acquired on December 31, 2025 through the 2021 Employee Stock Purchase Plan at 85% of that day’s closing price. Following the latest stock grant, Chinwe directly held 235,113 common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Abaelu Chinwe

(Last) (First) (Middle)

C/O TORRID HOLDINGS INC.

18501 EAST SAN JOSE AVENUE

(Street)

CITY OF INDUSTRY CALIFORNIA 91748

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Torrid Holdings Inc. [ CURV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		A		98,426(1)	A	$0	235,113	D
Common Stock	12/31/2025		A		1,000(2)	A	$0.83	236,113	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to purchase shares	$1.27	03/16/2026		A		176,057		(3)	03/16/2036	Common Stock	176,057	$0	176,057	D

Explanation of Responses:

1. Represents restricted stock units, which will vest annually in substantially equal 25% installments on March 16 2027, March 16 2028, March 16 2029 and March 16 2030, respectively, subject to the reporting person's continued employment through the applicable vesting date.

2. Shares purchased pursuant to the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of July 1, 2025 through December 31, 2025. 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 December 31, 2025.

3. Represents options to purchase shares that will start vesting on March 16, 2027 and become exercisable in substantially equal 25% installments on March 16, 2027, March 16, 2028, March 16, 2029 and March 16, 2030, respectively, subject to the reporting person's continued employment through the applicable vesting date

Remarks:

Senior Vice President, Chief Accounting Officer

	/s/ Bridgett C. Zeterberg, as Attorney-in-Fact for Chinwe Abaelu	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did Abaelu Chinwe receive from Torrid Holdings (CURV)?

Abaelu Chinwe received options for 176,057 shares at an exercise price of $1.27 and 98,426 restricted stock units. Both awards were granted on March 16, 2026 and represent compensation rather than open-market purchases or sales.

How do the new options granted to Abaelu Chinwe at CURV vest?

The options to purchase 176,057 shares begin vesting on March 16, 2027 and become exercisable in 25% annual installments through March 16, 2030. Vesting is conditioned on Chinwe’s continued employment through each applicable vesting date.

What are the vesting terms for Abaelu Chinwe’s restricted stock units at Torrid Holdings?

The 98,426 restricted stock units granted on March 16, 2026 vest in substantially equal 25% installments on March 16 of 2027, 2028, 2029, and 2030. Each installment requires Chinwe to remain employed through the respective vesting date.

Did Abaelu Chinwe buy any Torrid Holdings (CURV) shares through an employee plan?

Yes. Chinwe purchased 1,000 shares of common stock under the 2021 Employee Stock Purchase Plan for the period July 1, 2025 to December 31, 2025. The purchase price equaled 85% of the closing price on December 31, 2025.

How many Torrid Holdings shares does Abaelu Chinwe hold after these transactions?

After the most recent stock grant on March 16, 2026, Chinwe directly held 235,113 shares of Torrid Holdings common stock. This total reflects equity compensation awards and employee plan purchases rather than open-market trading activity.

Are Abaelu Chinwe’s recent Torrid Holdings transactions open-market buys or compensation grants?

All reported transactions are categorized as acquisitions via grants or awards, not open-market buys. They include stock options, restricted stock units, and shares purchased through the company’s Employee Stock Purchase Plan under pre-defined plan terms.