Stinchcomb Clinton Larry 4

What Happened

• Clinton L. Stinchcomb, President, CEO and a director of CuriosityStream (CURI), received 600,000 shares on March 11, 2026 when the second tranche of performance-based RSUs vested. To satisfy tax withholding, 196,738 shares were withheld/disposed at $3.27 per share for a withholding value of $643,333, leaving a net issuance of 403,262 shares to Mr. Stinchcomb.
• This was not an open-market sale by the insider for investment purposes but the conversion/vesting of previously granted restricted stock units (derivative conversion).

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely).
• Vesting: 600,000 RSUs vested (second tranche of a 2,400,000 RSU award originally granted July 15, 2025).
• Tax withholding: 196,738 shares withheld/disposed at $3.27 per share = $643,333.
• Net shares delivered to insider: 403,262 shares (600,000 vested minus 196,738 withheld).
• Footnotes: RSUs are performance-based and subject to continued employment; the Board certified the performance condition (40% revenue growth and 35% adjusted free cash flow growth for 2025) on March 10, 2026. Withholding represents share surrender to cover tax obligations.
• Filing status: Timely (no late filing indicated).

Context

• These filings reflect vesting and standard tax withholding rather than a discretionary sale or purchase. The conversion of RSUs into common stock (derivative exercise/conversion) is a routine executive compensation event tied to performance goals, not a market trade indicating personal buying/selling intent.