Nomura Holdings (CURV) discloses 5.1% beneficial stake in Torrid common stock

Rhea-AI Filing Summary

Nomura Holdings Inc., together with Nomura Global Financial Products, Inc. and Nomura Securities International, Inc., reports beneficial ownership of 5,082,468 shares of Torrid Holdings Inc. common stock, representing 5.1% of the outstanding class based on 99,520,381 shares outstanding as of June 1, 2026.

All voting and dispositive power over these shares is reported as shared rather than sole. Nomura Global Financial Products, Inc. directly holds 5,082,272 shares and Nomura Securities International, Inc. directly holds 196 shares, which may be deemed beneficially owned indirectly by Nomura Holdings Inc. as their parent.

Key Figures

Shares beneficially owned: 5,082,468 shares Percent of class: 5.1% Shares outstanding: 99,520,381 shares +3 more

6 metrics

Shares beneficially owned 5,082,468 shares Torrid common stock beneficially owned by Nomura-related entities

Percent of class 5.1% Portion of Torrid common stock beneficially owned by Nomura-related entities

Shares outstanding 99,520,381 shares Torrid common stock outstanding as of June 1, 2026 per Form 10-Q

NGFP shares 5,082,272 shares Torrid shares beneficially owned by Nomura Global Financial Products, Inc.

NSI shares 196 shares Torrid shares beneficially owned by Nomura Securities International, Inc.

Shared voting power 5,082,468 shares Shares of Torrid over which Nomura-related entities share voting power

Key Terms

beneficially owned, shared voting power, shared dispositive power, percent of class, +1 more

5 terms

beneficially owned financial

"5,082,272 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power financial

"Shared Voting Power 5,082,468.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 5,082,468.00"

percent of class financial

"The percent of class is calculated based on 99,520,381 shares of Common Stock outstanding"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

parent holding company financial

"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

FAQ

What percentage of Torrid Holdings Inc. (CURV) does Nomura report owning?

Nomura reports beneficial ownership of 5.1% of Torrid Holdings Inc. common stock, based on 99,520,381 shares outstanding as of June 1, 2026, as stated in the company’s Form 10-Q for the quarter ended May 2, 2026.

How many Torrid (CURV) shares are beneficially owned by Nomura affiliates?

Nomura-affiliated entities report beneficial ownership of 5,082,468 shares of Torrid common stock, including 5,082,272 shares held by Nomura Global Financial Products, Inc. and 196 shares held by Nomura Securities International, Inc.

Does Nomura have sole or shared voting power over its CURV shares?

Nomura reports 0 shares with sole voting power and 5,082,468 shares with shared voting power, indicating all reported Torrid shares are subject to shared authority regarding how they are voted.

Which Nomura subsidiaries hold Torrid Holdings Inc. (CURV) shares?

The filing states that Nomura Global Financial Products, Inc. beneficially owns 5,082,272 shares and Nomura Securities International, Inc. beneficially owns 196 shares of Torrid common stock, all of which may be deemed owned indirectly by Nomura Holdings Inc.

What is the share count base for Nomura’s 5.1% CURV ownership figure?

The 5.1% ownership is calculated using 99,520,381 shares of Torrid common stock outstanding as of June 1, 2026, as reported in Torrid’s Form 10-Q for the fiscal quarter ended May 2, 2026.

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Available on EDGAR 08/14/2026 - 01:54 PM Accepted by SEC EDGAR 08/14/2026 - 01:54 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Torrid Holdings Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

89142B107

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 89142B107

1

Names of Reporting Persons

NOMURA HOLDINGS INC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

JAPAN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,082,468.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,082,468.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,082,468.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: (1) Shared voting and dispositive power represents (i) 5,082,272 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc. ("NGFP") and (ii) 196 shares of Common Stock beneficially owned by Nomura Securities International, Inc. ("NSI"). NGFP and NSI are wholly owned subsidiaries of Nomura Holdings, Inc., which accordingly may be deemed to beneficially own the shares of Common Stock beneficially owned by NGFP and NSI. (2) The percent of class is calculated based on 99,520,381 shares of Common Stock outstanding as of June 1, 2026, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended May 2, 2026 filed with the SEC on June 11, 2026.

SCHEDULE 13G

CUSIP Number(s): 89142B107

1

Names of Reporting Persons

NOMURA GLOBAL FINANCIAL PRODUCTS INC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,082,272.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,082,272.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,082,272.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

BD

Comment for Type of Reporting Person: (3) The percent of class is calculated based on 99,520,381 shares of Common Stock outstanding as of June 1, 2026, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended May 2, 2026 filed with the SEC on June 11, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Torrid Holdings Inc.
(b)	Address of issuer's principal executive offices: 18501 East San Jose Avenue, City of Industry, California 91748
Item 2.
(a)	Name of person filing: Nomura Holdings, Inc. Nomura Global Financial Products, Inc. This Schedule 13G excludes securities beneficially owned, if any, by certain subsidiaries of Nomura Holdings Inc. whose beneficial ownership of securities are disaggregated from that of Nomura Holdings Inc. in accordance with SEC Release No. 34-39538 (January 12, 1998).
(b)	Address or principal business office or, if none, residence: Nomura Holdings, Inc.: 13-1, Nihonbashi 1-chome, Chuo-ku, Tokyo 103-8645, Japan Nomura Global Financial Products, Inc.: Worldwide Plaza 309 West 49th Street New York, NY 10019
(c)	Citizenship: Nomura Holdings, Inc.: Japan Nomura Global Financial Products, Inc.: Delaware
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 89142B107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Items 5-11 of the cover pages are incorporated by reference.
(b)	Percent of class: Items 5-11 of the cover pages are incorporated by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Items 5-11 of the cover pages are incorporated by reference.
	(ii) Shared power to vote or to direct the vote: Items 5-11 of the cover pages are incorporated by reference.
	(iii) Sole power to dispose or to direct the disposition of: Items 5-11 of the cover pages are incorporated by reference.
	(iv) Shared power to dispose or to direct the disposition of: Items 5-11 of the cover pages are incorporated by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit B
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

NOMURA HOLDINGS INC

Signature:	/s/ Samir Patel
Name/Title:	Samir Patel, Managing Director
Date:	08/14/2026

NOMURA GLOBAL FINANCIAL PRODUCTS INC

Signature:	/s/ Samir Patel
Name/Title:	Samir Patel, Authorized Officer
Date:	08/14/2026

Exhibit Information

Exhibit A - Joint Filing Agreement Exhibit B - Subsidiaries