Torrid (NYSE: CURV) officer receives stock options, RSUs and ESPP shares
Rhea-AI Filing Summary
Torrid Holdings Inc. reported that officer Ashlee Wheeler received new equity awards and purchased shares. On March 16, 2026, Wheeler was granted options to buy 246,479 shares of common stock at $1.27 per share, expiring on March 16, 2036. These options will become exercisable in four equal 25% installments on March 16 of 2027, 2028, 2029 and 2030, subject to continued employment.
On the same date, Wheeler also received 137,796 restricted stock units, which will vest in equal 25% installments on March 16 of 2027, 2028, 2029 and 2030. Following these awards, Wheeler directly held 245,239 shares of common stock. Separately, Wheeler acquired 1,000 shares on December 31, 2025 through Torrid’s 2021 Employee Stock Purchase Plan at $0.83 per share, equal to 85% of the closing price on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase shares | 246,479 | $0.00 | -- |
| Grant/Award | Common Stock | 137,796 | $0.00 | -- |
| Grant/Award | Common Stock | 1,000 | $0.83 | $830.00 |
Footnotes (1)
- Represents restricted stock units that will vest in equal 25% installments on March 16, 2027, March 16, 2028, March 16, 2029 and March 16, 2030. Shares purchased pursuant to the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of July 1, 2025 through December 31, 2025. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on December 31, 2025. Represents options to purchase shares that will start vesting on March 16, 2027 and become exercisable in substantially equal 25% installments on March 16, 2027, March 16, 2028, March 16, 2029 and March 16, 2030, respectively, subject to the reporting person's continued employment through the applicable vesting date.