Torrid Holdings (NYSE: CURV) officer has shares withheld for tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. officer Bridgett C. Zeterberg reported a routine tax-related share disposition. On the reported date, 2,395 shares of Common Stock were withheld at $1.76 per share to cover tax liabilities tied to vesting of restricted stock. After this withholding, she directly held 310,043 shares, so the transaction represents a small portion of her overall position and was not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zeterberg Bridgett C.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,395 | $1.76 | $4K |
Holdings After Transaction:
Common Stock — 310,043 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,395 shares
Withholding price per share: $1.76 per share
Shares held after transaction: 310,043 shares
3 metrics
Shares withheld for taxes
2,395 shares
Tax-withholding disposition on Common Stock
Withholding price per share
$1.76 per share
Value used for tax-withholding shares
Shares held after transaction
310,043 shares
Direct Common Stock holdings after withholding
Key Terms
restricted stock, tax liabilities, withholding of shares, Common Stock
4 terms
restricted stock financial
"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 liabilities financial
"withholding of shares to satisfy tax liabilities in connection"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Bridgett C. Zeterberg report in this Torrid Holdings (CURV) Form 4?
She reported a tax-related share disposition. Specifically, 2,395 Common Stock shares were withheld to satisfy tax liabilities arising from the vesting of restricted stock, rather than an open-market sale.
Was this Torrid Holdings (CURV) Form 4 an open-market sale by the insider?
No, it was not an open-market sale. The Form 4 describes a tax-withholding disposition, where shares were withheld to pay tax liabilities from restricted stock vesting, a standard administrative event.