Torrid (CURV) COO Park Hyon C. Withholds 8,903 Shares for Taxes

What Happened
Park Hyon C., Chief Operating Officer of Torrid Holdings Inc. (CURV), had 8,903 shares withheld to satisfy tax liabilities in connection with the vesting of restricted stock. The shares were valued at $2.21 each, for a total of approximately $19,676. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-22. Form filed on: 2026-08-25.
• Transaction type/code: Tax withholding upon vesting (Code F).
• Shares withheld/disposed: 8,903 shares at $2.21 per share; total value ≈ $19,676.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: F1 — Reflects the withholding of shares to satisfy tax liabilities in connection with the vesting of restricted stock.
• Filing timeliness: Filed 3 days after the transaction date; filing does not indicate a late-report flag in the filing data provided.

Context
Withholding shares to cover taxes is a common administrative step when restricted stock units vest; it reduces the insider's outstanding shares without an open-market sale. Such withholding transactions are routine and do not necessarily signal the insider’s view on the company’s stock. Purchases or open-market sales typically provide clearer signals about insider sentiment than tax-withholding dispositions.