---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-031268"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:41:18.353586+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Torrid reduces CCO Elizabeth Muñoz-Guzman's base salary to $700K, bonus target to 100%

## Summary
- Effective Aug 31, 2023, CCO's base salary reduced from $900,000 to $700,000.
- Target bonus opportunity cut from 125% of base salary to 100% of base salary.
- Executive acknowledges changes do not constitute Good Reason and waives related claims.
- No other material changes to the employment agreement.

## SEC filing metadata
- accession: 0001628280-23-031268
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792781/000162828023031268/0001628280-23-031268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828023031268/thi-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-031268
- JSON: https://secwatch.observer/filing/0001628280-23-031268.json
- Plain text: https://secwatch.observer/filing/0001628280-23-031268.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.