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CURV Form 4: 8,984 Shares Withheld From COO Hyon Park for Taxes

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hyon Park, Chief Operating Officer of Torrid Holdings Inc. (CURV), reported a non‑derivative disposition on 08/22/2025. The filing shows 8,984 shares were disposed at a price of $2.28 per share. The explanation states these shares were withheld to satisfy tax liabilities associated with the vesting of restricted stock. After the transaction, the reporting person beneficially owned 219,118 shares (direct ownership). The Form 4 was signed by an attorney‑in‑fact on 08/26/2025. The filing contains no other transactions or derivative activity.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax withholding reduced the officer's direct shares by 8,984; no new purchases or sales beyond withholding are reported.

The Form 4 documents a standard withholding of vested restricted stock to cover tax obligations, not an open‑market sale or company repurchase. The transaction price of $2.28 likely reflects the withholding valuation rather than a discretionary sale. Beneficial ownership remains at 219,118 shares, indicating continued alignment with company equity. No derivative positions or additional dispositions are reported, so immediate market impact and insider intent cannot be inferred from this filing alone.

TL;DR: Administrative withholding for taxes; standard insider reporting with no governance red flags evident from this single filing.

The report identifies the reporting person as the Chief Operating Officer and discloses withholding following restricted stock vesting. The filing was executed by an attorney‑in‑fact, which is common practice for timely filings. There is no indication of unusual timing, related‑party transfers, or derivative exercises. From a governance perspective, this is a routine disclosure that complies with Section 16 reporting requirements.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Park Hyon C.

(Last) (First) (Middle)
C/O TORRID HOLDINGS INC.
18501 EAST SAN JOSE AVENUE

(Street)
CITY OF INDUSTRY CA 91748

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Torrid Holdings Inc. [ CURV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/22/2025 F 8,984(1) D $2.28 219,118 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects the withholding of shares to satisfy tax liabilities in connection with the vesting of restricted stock.
Remarks:
/s/ Bridgett C. Zeterberg, as Attorney-in-Fact for Hyon Park 08/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Torrid Holdings (CURV) insider Hyon Park report on Form 4?

The Form 4 reports that 8,984 shares were withheld to satisfy tax liabilities related to restricted stock vesting; beneficial ownership after the transaction is 219,118 shares.

When was the transaction by Hyon Park executed?

The transaction date listed is 08/22/2025, and the Form 4 was signed by an attorney‑in‑fact on 08/26/2025.

What price is shown on the Form 4 for the withheld shares?

The filing shows a price of $2.28 per share for the 8,984 shares withheld.

Does the Form 4 indicate any open‑market sales or option exercises?

No. The Form 4 only reports withholding of shares to cover taxes from restricted stock vesting and contains no derivative exercises or market sales.

Who signed the Form 4 for Hyon Park?

The Form 4 was signed by Bridgett C. Zeterberg as attorney‑in‑fact for Hyon Park on 08/26/2025.
Torrid Hldgs Inc

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