Torrid Holdings (CURV) exec receives large option and RSU equity awards
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Abaelu Chinwe
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase shares | 176,057 | $0.00 | -- |
| Grant/Award | Common Stock | 98,426 | $0.00 | -- |
| Grant/Award | Common Stock | 1,000 | $0.83 | $830.00 |
Holdings After Transaction:
Option to purchase shares — 176,057 shares (Direct);
Common Stock — 235,113 shares (Direct)
Footnotes (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. 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. 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
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.
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.