Hendricks Andrew 4
Research Summary
AI-generated summary
CuriosityStream Dir. Andrew Hendricks Converts RSUs, Receives New Award
What Happened
Andrew Hendricks, a director of CuriosityStream Inc. (CURI), had 38,500 restricted stock units (RSUs) vest and convert into 38,500 shares on Feb. 4, 2026. The Form 4 also reports a disposition of 38,500 shares at $0.00 on the same date and a separate grant of 18,780 new RSUs priced at $0.00 (to vest Feb. 4, 2027). No cash purchase was made — these transactions are compensation-related (vesting and a new award), not an open-market buy.
Key Details
- Transaction date: 2026-02-04 (filed 2026-02-06 — filing appears timely).
- Vesting/conversion: 38,500 RSUs vested and converted one-for-one into 38,500 shares (footnote F1).
- Disposition: 38,500 shares reported disposed at $0.00 on 2026-02-04 (Form shows $0.00 proceeds). The filing does not specify the reason; zero-dollar dispositions often reflect tax withholding or net settlement.
- Grant: 18,780 RSUs granted on 2026-02-04 at $0.00; these RSUs vest on 2027-02-04 and will be settled upon vesting or within 30 days (footnote F2).
- Shares owned after the transactions: not specified in the provided filing details.
Context
- These entries reflect RSU vesting/conversion and a new RSU award — common forms of executive/director compensation. They are not market purchases or sales that directly signal a stake-building intent.
- The $0.00 disposition line likely relates to withholding/net settlement practices tied to RSU vesting, but the filing does not explicitly state the purpose.