Keeley Patrick J. 4
Research Summary
AI-generated summary
CuriosityStream (CURI) Director Patrick J. Keeley Sells 31,559 Shares
What Happened
- Patrick J. Keeley, a director of CuriosityStream Inc. (CURI), disposed of 31,559 shares on June 12, 2026. The shares were sold at $2.70 each for total proceeds of $85,156. Although reported as a sale by the insider, the company purchased the shares directly under its share repurchase program.
Key Details
- Transaction date and price: June 12, 2026 — 31,559 shares at $2.70 per share (total $85,156).
- Transaction code: S (sale/disposition); buyer was the company via its repurchase program (see footnote).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: Company bought the 31,559 shares directly from Mr. Keeley under the company’s repurchase program; price based on a five-day VWAP and the transaction was approved by the Audit Committee.
- F2: On Feb 4, 2026, the company granted Mr. Keeley 21,341 restricted stock units (RSUs) that vest on Feb 4, 2027 and will be settled upon vesting (or within 30 days thereafter).
- Filing timeliness: Reported on June 16, 2026 for a June 12 transaction — filed within the Form 4 two-business-day requirement (timely).
Context
- This was a sale by the insider with the buyer being the company’s repurchase program rather than an open-market purchaser; such transactions can be routine and do not necessarily indicate the director’s private assessment of the company. The RSU award noted in the filing is a separate grant that vests in 2027.