Torrid (CURV) CEO Lisa M. Harper Withholds 3,770 Shares for Taxes

What Happened

• Lisa M. Harper, CEO of Torrid Holdings Inc. (CURV), had 3,770 shares withheld to satisfy tax liabilities tied to the vesting of restricted stock. The withholding is reported as a disposal at $1.79 per share, totaling approximately $6,748.
• This was a tax-withholding disposition (Form 4 code F), not an open-market sale or purchase — a routine administrative action when restricted shares vest.

Key Details

• Transaction date: 2026-03-27; Filing date: 2026-03-31 (timeliness not indicated in the provided excerpt).
• Price: $1.79 per share; Shares withheld/disposed: 3,770; Total value: ~$6,748.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 — withholding of shares to satisfy tax liabilities in connection with the vesting of restricted stock.
• Transaction code: F (tax withholding on vested restricted stock), which is a common administrative disposal.

Context

• Withholding shares to cover taxes on vested RSUs is routine and does not necessarily signal the insider’s view on the stock. It’s an administrative step to meet tax obligations rather than a discretionary sale.
• Retail investors should treat this as non-directional insider activity; purchases or open-market sales typically convey more actionable signals than withholding transactions.