Nikzad Michael 4

What Happened
Michael Nikzad, a director of CuriosityStream, had 38,500 restricted stock units (RSUs) vest and convert into 38,500 shares of the company's common stock on February 4, 2026. On the same date the company granted him an additional 18,780 RSUs; those new RSUs carry a $0.00 purchase price and will vest on February 4, 2027 and be settled upon vesting (or within 30 days thereafter). No open-market purchase or sale of shares was reported — these transactions are award/vesting events, not trades.

Key Details

• Transaction date: February 4, 2026 (reported on Form 4 filed Feb 6, 2026) — filing appears timely (within standard 2-business-day Form 4 window).
• Vesting/Conversion: 38,500 RSUs vested and converted 1-for-1 into 38,500 common shares (no cash exchanged).
• Grant: 18,780 RSUs granted at $0.00 per unit; vesting date Feb 4, 2027; settlement upon vesting (or within 30 days).
• Reported prices/values: conversion/vest shown as $0.00 (no cash purchase); no market sale occurred.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 confirms the 38,500 RSUs converted to shares; F2 describes the new 18,780 RSU grant and vesting schedule.

Context
These events are awards/vesting activity — routine for executives and directors receiving compensation through RSUs. Such vesting/conversion increases insider-held shares but is not an open-market purchase (which some investors view as a stronger bullish signal). The new RSU grant is time‑based and will only convert to shares if it vests next year.