Dempsey Paula 4
Research Summary
AI-generated summary
Torrid (CURV) CFO Paula Dempsey Sells 42,785 Shares
What Happened
- Paula Dempsey, Chief Financial Officer of Torrid Holdings Inc. (CURV), reported an open-market sale of 42,785 common shares on April 14, 2026. The filing shows a weighted average sale price of $2.06, for total proceeds of approximately $88,265. This was a sale (code S), which is commonly a routine liquidity event rather than a bullish signal.
Key Details
- Transaction date: April 14, 2026 (reported on Form 4 filed April 15, 2026)
- Price: weighted average $2.06; individual trade prices ranged from $1.97 to $2.115 (see footnote)
- Total proceeds: $88,265 (approx.)
- Shares owned after transaction: not specified in this filing
- Footnote: F1 notes the $2.06 is a weighted average; the seller may provide details of quantities at each price upon request
- Timeliness: Form 4 was filed the next day (April 15), which appears to be timely (Form 4 is generally due within two business days)
Context
- This report documents an outright sale of existing shares (not an option exercise, grant, or gift). Sales by executives are often routine (e.g., for diversification or liquidity) and do not by themselves indicate the insider’s view of the company’s prospects.