Torrid Holdings Inc 8-K, filed Nov 25, 2022
Torrid Holdings Inc. (CURV)
8-K
2022-11-25
For: 2022-11-22
View Original
Added on
April 07, 2026
About this 8-K
Torrid Holdings Inc filed this 8-K on November 25, 2022, reporting on events of November 22, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): November 22, 2022
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||||||||
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (626) 667-1002
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 22, 2022, Ms. Kelly McGuire Diehl former Executive Vice President, People and Culture of Torrid Holdings Inc. (the “Company”) entered into a Separation Agreement (the “Separation Agreement”) with the Company. The Separation Agreement provides that subject to her execution of a release and if such release is not revoked within a seven day period, Ms. Diehl will become entitled to the payments, rights and benefits as follows: separation pay in the gross amount of $450,000 paid through salary continuation for a period of one year, as well as a lump sum payment of $23,667 following Ms. Diehl’s execution of the Separation Agreement; and if Ms. Diehl elects maintenance of Employee’s health insurance under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), payment of the premium to the third-party administrator for such health insurance coverage for the same one year period or until Employee becomes re-insured under a different plan, whichever occurs first.
| Exhibit No. | Exhibit Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TORRID HOLDINGS INC. | |||||||||||||||||||||||||||||||||||
| By: | /s/ Bridgett C. Zeterberg | ||||||||||||||||||||||||||||||||||
| Name: | Bridgett C. Zeterberg | ||||||||||||||||||||||||||||||||||
| Title: | Chief Human Resources Officer, Chief Legal Officer and Corporate Secretary | ||||||||||||||||||||||||||||||||||
| Date: November 25, 2022 | |||||||||||||||||||||||||||||||||||