Keeley Patrick J. 4
Research Summary
AI-generated summary
CuriosityStream Director Patrick Keeley Receives Award & Converts RSUs
What Happened
- Patrick J. Keeley, a director of CuriosityStream, reported that 43,750 restricted stock units (RSUs) vested and converted into 43,750 shares of common stock on Feb 4, 2026. The Form 4 also lists a corresponding derivative disposition of 43,750 shares at $0.00 (no cash proceeds reported).
- On the same date the company granted Keeley 21,341 new RSUs; those units vest on Feb 4, 2027 and will be settled upon vesting (or within 30 days thereafter). These are compensation-related events (vesting and a new award), not open-market purchases or sales.
Key Details
- Transaction date(s): Feb 4, 2026; Form filed Feb 6, 2026 (timely).
- Reported prices/values: vested/converted 43,750 RSUs → 43,750 shares; a disposal of 43,750 shares is reported at $0.00 (no sale proceeds shown). New grant: 21,341 RSUs at $0.00 (award).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes from the filing: F1 — 43,750 RSUs vested and converted one-for-one into common stock; F2 — 21,341 RSUs granted, vesting 2/4/2027 and settled upon vesting (or within 30 days).
- Filing timeliness: Filed two days after the transaction date; not indicated as late.
Context
- RSU vesting/conversion and awards reflect compensation, not an open-market buy or sale; they do not by themselves signal buying or selling intent.
- The reported disposal at $0.00 shows no cash sale proceeds on the Form 4; the document does not provide further detail explaining that line.
- For retail investors, vesting/awards can dilute share count over time but are common as part of executive/director compensation.