Hayden Phillip Brady 4
Research Summary
AI-generated summary
CuriosityStream (CURI) CFO Hayden Brady Sells 30,400 Shares
What Happened
- Hayden Phillip Brady, Chief Financial Officer of CuriosityStream Inc. (CURI), sold 30,400 shares in open-market transactions on June 12, 2026. The reported weighted-average price was $2.56 per share for total proceeds of approximately $77,885. The shares were sold across multiple trades at prices ranging from $2.525 to $2.598.
Key Details
- Transaction date: 2026-06-12 (filed on Form 4: 2026-06-16; filing is within the SEC’s two-business-day deadline).
- Trade type/code: S = Sale (open market/private sale).
- Shares sold: 30,400; weighted-average price: $2.56; total proceeds: ~$77,885.
- Price range: $2.525 to $2.598 (sales occurred in multiple transactions; full per-trade breakdown available upon request per footnote).
- Reason given: Shares were sold for tax planning purposes (footnote F2).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Trustee/beneficial status: The reporting person is trustee and sole beneficiary of a trust and remains the beneficial owner of securities held by that trust (footnote F3).
- Filing timeliness: Reported on 2026-06-16 for a 2026-06-12 transaction — within required filing window.
Context
- The filing also discloses that Brady holds outstanding restricted stock units (RSUs): 70,000 performance-based RSUs granted July 25, 2025 (vest tied to VWAP milestones or time-based fallback) and 30,000 time-based RSUs granted February 10, 2026 (vest over four years). Each RSU converts to one share upon vesting and is subject to continued employment. These grants are separate from the sale reported here and do not indicate whether the sold shares were sourced from vested holdings, the trust, or other holdings beyond the tax-planning note.