Dempsey Paula 4

What Happened Paula Dempsey, Chief Financial Officer of Torrid Holdings Inc. (CURV), was granted equity on 2026-03-16: 137,796 restricted stock units (RSUs) and 246,479 stock options (reported as a derivative grant). Both grants are shown at $0.00 per share in the Form 4 filing, meaning no cash was paid for the awards in the reported transaction. This is a grant/award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
• Grants reported: 137,796 RSUs (F1) and 246,479 options (derivative, F2), $0.00 per share in filing.
• Vesting/Exercise notes:
  • F1 (RSUs): vest in four equal annual installments (25% each) on March 16 of 2027, 2028, 2029 and 2030, subject to continued employment.
  • F2 (options): begin vesting March 16, 2027 and become exercisable in equal 25% installments on March 16 of 2027–2030, subject to continued employment.
• Shares owned after the transaction are not specified in the provided filing excerpt.
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate cashless exercise in the filing.

Context These awards are typical long-term compensation: RSUs deliver shares on vesting, and the options give the right to buy shares in future vesting tranches. Because vesting is staggered over four years and subject to continued employment, these grants are retention- and performance-aligned rather than an immediate change in the insider's publicly tradable holdings. The filing does not reflect any sale or purchase in the open market.