secwatch.observer — SEC 8-K summary
======================================

Issuer:     Torrid Holdings Inc. (CURV)
CIK:        0001792781
Form:       8-K
Filed at:   2023-09-01T23:59:59+00:00
Accession:  0001628280-23-031268
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792781/000162828023031268/0001628280-23-031268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792781/000162828023031268/thi-20230831.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-031268

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer