Wheeler Ashlee 4

4 · Torrid Holdings Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 19, 2026

Torrid (CURV) Chief Planning & Strategy Officer Receives Awards, Buys 1k

What Happened

Ashlee Wheeler, Torrid’s Chief Planning & Strategy Officer, reported multiple acquisitions: a December 31, 2025 ESPP purchase of 1,000 shares at $0.83 ($830), and two awards recorded March 16, 2026 — 137,796 restricted stock units (RSUs) and 246,479 option-related units reported as derivative awards. The RSUs and options were reported with $0 acquisition price on the Form 4 (these are compensation awards/rights, not open-market purchases).

Key Details

Transaction dates and prices:
- 2025-12-31: Purchased 1,000 shares under the Torrid ESPP at $0.83/share (total $830). (F2: ESPP purchase price = 85% of closing price on 12/31/2025.)
- 2026-03-16: Award of 137,796 RSUs (reported at $0.00; F1).
- 2026-03-16: Award/derivative of 246,479 option-related units (reported at $0.00; F3).
Vesting/exercise notes:
- F1 (RSUs): Vest 25% on each of March 16 in 2027, 2028, 2029 and 2030.
- F3 (options): Begin vesting March 16, 2027 and become exercisable in equal 25% installments on March 16, 2027–2030, subject to continued employment.
Shares owned after the transactions: Not specified on the Form 4 filing.
Filing/timeliness:
- Form 4 filed 2026-03-18 (covers the 12/31/2025 ESPP purchase and 3/16/2026 awards). The 3/16/2026 awards were reported within days; the 12/31/2025 ESPP purchase was reported later than the typical 2-business-day window (filed 3/18/2026).
Transaction codes: All entries were coded "A" (award/grant/acquisition) for the awards; ESPP purchase is an acquisition under the plan (F2). No sales were reported.

Context

Awards (RSUs and option grants) are compensation and will vest over time if employment continues; they don’t represent an immediate cash outlay or open-market purchase. The ESPP purchase is an actual buy of 1,000 shares at a discounted price (85% of the 12/31/25 close).
For retail investors: purchases under an ESPP are a small direct buy (here $830). RSU and option grants are routine compensation for executives and should be interpreted as part of pay, not necessarily a bullish personal investment decision.

Form 4

Period: 2025-12-31

See remarks.

Transactions

Award
Common Stock
[F1]
2026-03-16+137,796→ 245,239 total
Award
Common Stock
[F2]
2025-12-31$0.83/sh+1,000$830→ 246,239 total
Award
Option to purchase shares
[F3]
2026-03-16+246,479→ 246,479 total
Exercise: $1.27Exp: 2036-03-16→ Common Stock (246,479 underlying)

Footnotes (3)

[F1]Represents restricted stock units that will vest in equal 25% installments on March 16, 2027, March 16, 2028, March 16, 2029 and March 16, 2030.
[F2]Shares purchased pursuant to the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of July 1, 2025 through December 31, 2025. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on December 31, 2025.
[F3]Represents options to purchase shares that will start vesting on March 16, 2027 and become exercisable in substantially equal 25% installments on March 16, 2027, March 16, 2028, March 16, 2029 and March 16, 2030, respectively, subject to the reporting person's continued employment through the applicable vesting date.

Signature

/s/ Bridgett C. Zeterberg, as Attorney-in-Fact for Ashlee Wheeler|2026-03-18

1 file