Park Hyon C. 4

What Happened

• Park Hyon C., Chief Operating Officer of Torrid Holdings Inc. (CURV), had 576 shares withheld to satisfy tax liabilities related to the vesting of restricted stock. The shares were withheld at $1.74 per share, for a notional value of $1,002. This was a tax-withholding disposal (code F), a routine administrative action rather than an open-market sale or a purchase.

Key Details

• Transaction date: 2026-07-01
• Withheld shares: 576 at $1.74 per share; total value ≈ $1,002
• Transaction code: F (withholding of shares to satisfy tax liabilities)
• Footnote: F1 — reflects withholding of shares to satisfy tax liabilities in connection with vesting of restricted stock
• Shares owned after transaction: Not specified in the provided filing
• Filing: Reported on Form 4 filed 2026-07-06 (five days after the transaction), which is later than the SEC’s typical 2-business-day reporting window

Context

• Withholding shares to cover taxes after RSU vesting is common and generally administrative; it does not necessarily signal insider sentiment about the company’s stock price. Unlike open-market purchases, these withholdings are not typically viewed as a bullish indicator.