Ashlee Wheeler of Torrid (NYSE: CURV) has 743 shares withheld for restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torrid Holdings Inc. officer Ashlee Wheeler reported a tax-related share disposition. On March 31, Wheeler had 743 shares of common stock withheld at $1.78 per share to cover tax liabilities triggered by the vesting of restricted stock. After this withholding, Wheeler directly owned 238,294 shares of Torrid common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wheeler Ashlee
Role
See remarks.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 743 | $1.78 | $1K |
Holdings After Transaction:
Common Stock — 238,294 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withholding shares: 743 shares
Withholding price: $1.78 per share
Shares owned after transaction: 238,294 shares
3 metrics
Tax-withholding shares
743 shares
Shares withheld to satisfy tax liabilities on restricted stock vesting
Withholding price
$1.78 per share
Value used for tax-withholding disposition of 743 shares
Shares owned after transaction
238,294 shares
Direct Torrid common stock holdings after tax withholding
Key Terms
tax-withholding disposition, restricted stock, Form 4
3 terms
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.
restricted stock financial
"Reflects the withholding of shares to satisfy tax liabilities 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.
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 did CURV insider Ashlee Wheeler report in this Form 4?
Ashlee Wheeler reported a tax-withholding disposition of 743 Torrid Holdings common shares. The shares were withheld at $1.78 each in connection with restricted stock vesting, reflecting a routine compensation-related tax payment rather than an open-market sale.
What is the significance of transaction code F in the CURV Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this filing, 743 Torrid shares were withheld at $1.78 each to cover taxes on restricted stock vesting, a standard payroll-like mechanism rather than discretionary trading.