Torrid Holdings (NYSE: CURV) director receives 81,169 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. director Michael A. Shaffer reported an equity compensation grant of 81,169 shares of Common Stock in the form of restricted stock units. These units carry no cash exercise price and will vest on June 2, 2027 if conditions are met.
Following this award, Shaffer’s directly held Common Stock position reported in this filing increased to 192,785 shares. The transaction reflects a compensation-related grant rather than an open-market purchase or sale, so it does not signal active trading in the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shaffer Michael A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 81,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 192,785 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 81,169 shares
Post-transaction holdings: 192,785 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
81,169 shares
Restricted stock units granted to director Michael A. Shaffer
Post-transaction holdings
192,785 shares
Total Common Stock held directly after grant
Grant price per share
$0.00 per share
Stated transaction price for RSU grant
Vesting date
June 2, 2027
Restricted stock units scheduled vesting date per footnote
Key Terms
restricted stock units, Common Stock, Grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents restricted stock units that will vest on June 2, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Torrid Holdings (CURV) director Michael A. Shaffer report on this Form 4?
Michael A. Shaffer reported receiving 81,169 shares of Torrid Holdings Common Stock as a grant of restricted stock units. This is a compensation-related equity award, not an open-market trade, and increases his directly held position reported in the filing to 192,785 shares.
Is the Torrid Holdings (CURV) Form 4 transaction a stock purchase or sale?
The Form 4 shows an acquisition via grant, not a market trade. Shaffer received 81,169 restricted stock units at a stated price of $0.00 per share as equity compensation, rather than buying or selling shares in the open market.
When do Michael A. Shaffer’s Torrid (CURV) restricted stock units vest?
The 81,169 restricted stock units granted to Michael A. Shaffer are scheduled to vest on June 2, 2027. Vesting typically requires continued service or meeting conditions, so the full economic benefit is realized only when those vesting requirements are satisfied.
What does transaction code "A" mean in the Torrid (CURV) Form 4 filing?
Transaction code "A" on this Torrid Form 4 indicates a grant, award, or other acquisition of securities. Here, it reflects the issuance of 81,169 restricted stock units to director Michael A. Shaffer as equity compensation, rather than a purchase on the open market.
Does the Torrid Holdings (CURV) Form 4 involve any derivative securities or options?
The provided Form 4 data show no derivative security transactions for this event. The filing records only a non-derivative grant of 81,169 shares of Common Stock in the form of restricted stock units and lists no remaining derivative positions in the derivative summary.