Abaelu Chinwe 4

What Happened
Abaelu Chinwe, Senior Vice President and Chief Accounting Officer of Torrid Holdings (CURV), had 2,487 shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock. The withholding was recorded on 2026-04-02 at an effective price of $1.82 per share, representing approximately $4,526 in value. This was an administrative tax-withholding disposition of shares, not an open-market sale.

Key Details

• Transaction date: 2026-04-02 (reported on Form 4 filed 2026-04-06)
• Transaction type/code: F — shares withheld to satisfy tax liabilities on vesting
• Shares withheld/disposed: 2,487 shares at $1.82 per share; total value ≈ $4,526
• Footnote: F1 — withholding of shares to satisfy tax liabilities in connection with RSU vesting
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Form filed 2026-04-06 reporting the 2026-04-02 transaction (filing date noted in record)

Context
Tax-withholding dispositions are routine administrative actions when restricted stock vests and do not necessarily indicate insider buying or selling intent. Because shares were withheld to cover taxes (not sold on the open market), this transaction should not be interpreted as a bearish market signal from the insider.