Hendricks Elizabeth Ann 4

What Happened

• Director Elizabeth Ann Hendricks reported that 38,500 restricted stock units (RSUs) vested and converted into 38,500 shares of CuriosityStream common stock on Feb 4, 2026. These conversions show $0 cash consideration because RSUs settle into shares rather than being purchased.
• On the same date the company granted Hendricks 18,780 new RSUs. Those RSUs vest on Feb 4, 2027 and will be settled in shares upon vesting (or within 30 days thereafter).

Key Details

• Transaction date: Feb 4, 2026; Form 4 filed Feb 6, 2026 (appears timely).
• Vesting/Conversion: 38,500 RSUs vested and converted one-for-one into 38,500 common shares (recorded with $0 cash).
• New grant: 18,780 RSUs awarded on Feb 4, 2026; vesting date Feb 4, 2027; each RSU equals one share upon settlement.
• Shares owned after transaction: Not stated in the filing.
• Filing notes: Footnotes in the filing describe the vesting and new grant but reference “Ms. Saravia,” which does not match the insider name on the transaction — this appears to be a clerical inconsistency in the filing.

Context

• RSUs are awards that convert into shares when they vest; this is not a market purchase or sale and does not necessarily signal buying/selling intent. The conversion recorded as a derivative exercise simply reflects the settlement of previously granted RSUs into common stock.
• The new RSU grant vests in one year (Feb 4, 2027) and will convert to shares only upon vesting, so those shares are not yet outstanding to Hendricks until that later date.