Torrid (NYSE: CURV) CEO covers tax bill with 7,052-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. reported that Chief Executive Officer Lisa M. Harper had 7,052 shares of common stock withheld on May 6, 2026 to cover tax liabilities arising from the vesting of restricted stock. This was a tax-withholding disposition, not an open-market trade. After this event, she directly holds 5,421,549 shares of Torrid common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HARPER LISA M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,052 | $1.53 | $11K |
Holdings After Transaction:
Common Stock — 5,421,549 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 7,052 shares
Tax-withholding price: $1.53 per share
Shares held after transaction: 5,421,549 shares
+1 more
4 metrics
Tax-withheld shares
7,052 shares
Common stock withheld for tax liabilities on restricted stock vesting
Tax-withholding price
$1.53 per share
Price applied to the 7,052 withheld common shares
Shares held after transaction
5,421,549 shares
Direct ownership by CEO Lisa M. Harper following tax withholding
Tax-withholding transactions
1 transaction, 7,052 shares
Summary of tax withholding events in this Form 4
Key Terms
restricted stock, tax liabilities, tax-withholding disposition, Form 4
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"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Torrid (CURV) report for CEO Lisa Harper?
Torrid reported that CEO Lisa M. Harper had 7,052 shares of common stock withheld to satisfy tax liabilities from vesting restricted stock. This was recorded as a tax-withholding disposition, not a market sale or purchase, and reflects a compensation-related event.
What does a code "F" transaction mean in the Torrid (CURV) Form 4?
In this Form 4, transaction code “F” indicates a tax-withholding disposition. Specifically, 7,052 shares of Torrid common stock were withheld to pay tax liabilities triggered by the vesting of restricted stock, rather than being voluntarily bought or sold on the market.