4//SEC Filing
Stinchcomb Clinton Larry 4
Accession 0001628280-25-053858
CIK 0001776909other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 5:22 PM ET
Size
11.2 KB
Accession
0001628280-25-053858
Insider Transaction Report
Form 4
Stinchcomb Clinton Larry
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2025-11-20$4.92/sh−63,674$313,276→ 2,672,076 total - Sale
Common Stock
2025-11-21$4.60/sh−12,872$59,211→ 2,659,204 total - Sale
Common Stock
2025-11-24$4.65/sh−141,206$657,032→ 2,517,998 total
Holdings
- 1,800,000
Restricted Stock Units
→ Common Stock (1,800,000 underlying)
Footnotes (5)
- [F1]Sales were made for estate and tax planning purposes.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $4.98, inclusive. The reporting person undertakes to provide to CuriosityStream Inc., any security holder of CuriosityStream Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.60 to $4.735, inclusive. The reporting person undertakes to provide to CuriosityStream Inc., any security holder of CuriosityStream Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F4]On July 15, 2025, the Company granted Mr. Stinchcomb 2,400,000 restricted stock units (RSUs) with tandem dividend equivalent rights under the 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of common stock. The RSUs granted are performance-based, subject to the Company achieving certain stock price or financial performance goals. On August 4, 2025, the Board determined that the Company met the first performance condition of the award by achieving 35% year-over-year revenue growth for the period January 1 through June 30, 2025, compared to the same period in 2024, and thereby triggering the vesting of the first tranche of the Award, or 600,000 RSUs.
- [F5]All vesting is subject to continued employment on the applicable vesting date and any RSUs not earned during the term of Mr. Stinchcomb's employment agreement ("Agreement") will be cancelled. The dividend equivalents rights entitle Mr. Stinchcomb to payout of dividends accrued on each unvested RSU to the extent such RSUs vest and are distributed under the Agreement.
Documents
Issuer
CuriosityStream Inc.
CIK 0001776909
Entity typeother
Related Parties
1- filerCIK 0001827441
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 5:22 PM ET
- Size
- 11.2 KB