Ashlee Wheeler reports tax-withholding of 1,945 Torrid shares; owns 124,402 after
Rhea-AI Filing Summary
Torrid Holdings Inc. (CURV) reporting person Ashlee Wheeler, identified as Chief Strategy and Planning Officer, reported a transaction on 09/02/2025. The filing shows 1,945 shares of Common Stock were disposed under transaction code F at an indicated price of $2.24; the form explains this reflects share withholding to satisfy tax liabilities upon vesting of restricted stock. After the withholding, Wheeler beneficially owned 124,402 shares directly. The Form 4 was signed on behalf of Wheeler by an attorney-in-fact, Bridgett C. Zeterberg, on 09/03/2025.
Positive
- Transparent disclosure of the withholding event with explanatory footnote
- Insider retains substantial direct ownership of 124,402 shares after the withholding
Negative
- None.
Insights
TL;DR: Insider reported routine tax-withholding sale of vested restricted stock; ownership remains sizable at 124,402 shares.
This Form 4 discloses a standard, non-discretionary withholding event (code F) rather than a market-directed sale. The withheld amount, 1,945 shares at $2.24, is explicitly to cover tax liabilities arising from vesting. Because the transaction type is administrative and limited in size relative to common insider dispositions, it is typically treated as neutral for valuation signaling. The remaining direct beneficial ownership of 124,402 shares is notable and remains unchanged in nature (direct ownership).
TL;DR: Disclosure is complete for a vesting-related withholding; filing was timely and signed by an attorney-in-fact.
The form correctly identifies the reporting officer, relationship to the issuer, transaction code, and provides an explanatory footnote that the shares were withheld to satisfy tax obligations. The signature by an attorney-in-fact is dated the day after the transaction, consistent with routine processing. There are no indications of discretionary sales or changes in control from this report.