Vilade John Thomas Jr 4

What Happened
John Thomas Vilade Jr., Chief Commercial Officer of CuriosityStream, was granted a total of 250,000 restricted stock units (RSUs) on February 10, 2026. The grants are reported as derivative awards at $0.00 per share (no cash paid). They consist of 150,000 performance‑based RSUs (vesting in four tranches of 37,500 each contingent on VWAP or annual bonus targets) and 100,000 time‑based RSUs (vesting in four annual tranches of 25,000 each). Each RSU represents the right to receive one share upon vesting and includes tandem dividend equivalent rights.

Key Details

• Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely).
• Grant price: $0.00 per RSU; total reported value at grant = $0 (derivative award).
• Award breakdown: 150,000 performance RSUs (4 x 37,500 tranches), 100,000 service RSUs (4 x 25,000 annual tranches).
• Vesting/conditions: Performance RSUs vest when Board certifies achievement of each condition (VWAP thresholds of $6.50, $7.50, $9.50, $11.50 measured as 10‑day VWAP, or achievement of 2026–2029 annual bonus plan targets at 100%). Any unearned performance RSUs are cancelled after January 31, 2030. Service RSUs vest on the 1st, 2nd, 3rd and 4th anniversaries of the grant. All vesting is subject to continued employment.
• Settlement: Each RSU converts to one share and will be settled upon vesting (or within 30 days thereafter). Dividend equivalent rights apply.
• Shares owned after transaction: Not specified in the provided filing summary.
• Exhibit: Exhibit 24 (Power of Attorney) attached.

Context
These are compensation awards (not open‑market purchases or sales) intended for retention and performance incentives. RSUs are derivative grants that only convert into shares if vesting conditions are met; they do not represent immediate stock purchases or sales and do not by themselves indicate insider buying or selling sentiment.