Sycamore Partners Torrid, L.L.C. - 26 Jun 2025 Form 4 Insider Report for Torrid Holdings Inc. (CURV)

Role
10%+ Owner
Signature
/s/ Stefan Kaluzny
Issuer symbol
CURV
Transactions as of
26 Jun 2025
Net transactions value
-$52,002,595
Form type
4
Filing time
30 Jun 2025, 16:13:19 UTC
Previous filing
20 Sep 2024

Reporting Owners (8)

Name Relationship Address Signature Signature date CIK
Sycamore Partners Torrid, L.L.C. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001869281
Sycamore Partners, L.P. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001527066
Sycamore Partners Associates-C, L.P. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001869280
Sycamore Partners Associates, L.P. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001869284
Sycamore Partners Associates Investments, L.P. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001869283
Sycamore Partners (Co-Invest), L.L.C. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001869282
Sycamore Partners Associates Co-Invest, L.P. 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001869285
Kaluzny Stefan L Director, 10%+ Owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK /s/ Stefan Kaluzny 30 Jun 2025 0001489814

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURV Common Stock, par value $0.01 per share Sale $52,002,595 -15,680,908 -21% $3.32 58,295,694 26 Jun 2025 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (a) 9,650,000 shares of common stock sold by Sycamore Partners Torrid, L.L.C., a Delaware limited liability company ("Sycamore"), pursuant to a registered public offering (the "Secondary Offering") that closed on June 26, 2025, at a price per share of $3.31625 (net of underwriting discount) and (b) 6,030,908 shares of common stock repurchased by the Issuer from Sycamore at a price per share of $3.31625 substantially concurrently with the closing of the Secondary Offering, pursuant to a privately negotiated agreement between the Issuer and Sycamore.
F2 This Form 4 is being filed jointly by (each, a "Reporting Person" and, collectively, the "Reporting Persons"): (a) Sycamore Partners Torrid, (b) Sycamore Partners, L.P., (c) Sycamore Partners Associates-C, L.P., (d) Sycamore Partners Associates, L.P., (e) Sycamore Partners Associates Investments, L.P., (f) Sycamore Partners (Co-Invest), L.L.C. (g) Sycamore Partners Associates Co-Invest, L.P. (the entities listed in clauses (b) through (g), the "Sycamore Entities") and (h) Mr. Stefan Kaluzny. Sycamore Partners Torrid is owned directly or indirectly by the Sycamore Entities. The direct or indirect general partners or managing members of each of the Sycamore Entities are controlled directly or indirectly by Mr. Kaluzny.
F3 (Continued from footnote 2) Each Sycamore Entity and Mr. Kaluzny expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4, except to the extent of their respective pecuniary interest therein, if any.
F4 The reporting persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities and Exchange Act of 1934, as amended.