Reed Rebecca R 4
4 · CuriosityStream Inc. · Filed Jul 28, 2026
Research Summary
AI-generated summary of this filing
CuriosityStream GC Rebecca Reed Receives RSU Vesting; Shares Withheld
What Happened
- Rebecca R. Reed, General Counsel of CuriosityStream Inc. (CURI), had the first tranche of 37,500 restricted stock units (RSUs vest) on July 24, 2026. The 37,500 vested RSUs converted into common shares; 13,105 of those shares were withheld to cover tax liabilities at $2.35 per share, totaling $30,797. The net shares delivered to Ms. Reed were approximately 24,395 shares.
- This was a vesting/settlement of previously granted RSUs (not an open-market purchase or discretionary sale). Withholding of shares for taxes is a routine administrative step, not an indicator of a separate market sale.
Key Details
- Transaction date: July 24, 2026; Form 4 filed July 28, 2026 (filed within the 2-business-day window).
- Vesting: 37,500 RSUs vested (first tranche of a 150,000 RSU grant).
- Tax withholding: 13,105 shares withheld at $2.35/share = $30,797.
- Net shares issued to insider: ~24,395 shares (37,500 vested − 13,105 withheld).
- Shares owned after transaction: beneficial ownership after the transactions was not reported on the Form 4.
- Footnotes: The RSUs were granted July 25, 2025, under the 2020 Omnibus Incentive Plan and vest in four tranches of 37,500 each based on performance or time (first tranche vested on the first anniversary). All vesting is subject to continued employment.
Context
- These transactions reflect an award vesting and share withholding for taxes (transaction codes: M = exercise/conversion of derivative/vesting; F = tax withholding). The withheld shares were used to satisfy tax obligations rather than representing an open-market sale.
- For retail investors, vesting events are routine compensation matters; they do not necessarily signal the insider’s view on the company’s stock price.
Insider Transaction Report
Form 4
Reed Rebecca R
Gen Counsel
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-07-24+37,500→ 81,638 total - Tax Payment
Common Stock
[F3]2026-07-24$2.35/sh−13,105$30,797→ 68,533 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-07-24−37,500→ 112,500 total→ Common Stock (37,500 underlying)
Footnotes (3)
- [F1]On July 25, 2025, the Company granted Ms. Reed 150,000 restricted stock units ("RSUs") under the Company's 2020 Omnibus Incentive Plan. The RSUs granted may vest in four tranches of 37,500 each upon the date the Board determines that the applicable performance condition has been achieved: (i) the common stock of the Company achieves a 10-day volume weighted average price (VWAP) of $6.50; (ii) the common stock achieves a 10-day VWAP of $7.50; (iii) the common stock achieves a 10-day VWAP of $9.50; and (iv) the common stock achieves a 10-day VWAP of $11.50. In the event that the Performance Conditions are not met, the RSUs granted will vest in four equal installments of 37,500 on each of the first, second, third and fourth anniversaries of the grant date, and will be settled upon vesting (or within 30 days thereafter). All vesting events are subject to continued employment on each applicable vesting date.
- [F2]On July 24, 2026, the first tranche of 37,500 RSUs vested on the first anniversary of the grant date.
- [F3]Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.
Signature
/s/ P. Brady Hayden as attorney-in-fact for Rebecca Reed|2026-07-28