Park Hyon C. 4

What Happened Park Hyon C., Chief Operating Officer of Torrid Holdings Inc. (CURV), was granted equity awards on March 16, 2026 consisting of 137,796 restricted stock units (RSUs) and 246,479 option-equivalent awards (derivative). Both grants were reported as acquisitions at a $0 per-share/strike price (i.e., compensation awards, no cash paid).

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely within the two-business-day window).
• Grants: 137,796 RSUs (reported as Award/Acquisition A) and 246,479 derivative awards (reported as Award/Acquisition A).
• Price/Value reported: $0.00 per share (compensatory grants, not an open-market purchase).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 describes the RSU vesting schedule; F2 describes the option vesting/exercisability schedule (details below).

Context

• Vesting/exercise: The RSUs vest in four substantially equal annual 25% installments on March 16 of 2027, 2028, 2029 and 2030, subject to continued employment (F1). The stock options begin vesting March 16, 2027 and become exercisable in substantially equal 25% installments on the same four annual dates, subject to continued employment (F2).
• These awards are compensation-related grants, not open-market purchases or immediate sales; they typically provide future equity subject to vesting and employment conditions.