CuriosityStream (CURI) CFO Hayden Brady Vests RSUs, Gifts Shares
$CURI · CuriosityStream Inc.Research Summary
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CuriosityStream (CURI) CFO Hayden Brady Vests RSUs, Gifts Shares
What Happened Hayden Phillip Brady, Chief Financial Officer of CuriosityStream (CURI), had 17,500 restricted stock units (RSUs) vest on July 24, 2026 (first anniversary tranche of a 70,000 RSU grant). The vested RSUs converted into 17,500 common shares. To cover taxes, 7,836 shares were withheld at $2.35 per share (total ~$18,415). On July 27, 2026, 9,664 shares were transferred to the P. Brady Hayden Revocable Trust as an exempt gift; Brady is the trustee and sole beneficiary and therefore remains the beneficial owner of those shares.
Key Details
- Vesting/conversion: 17,500 RSUs vested and converted to common stock on July 24, 2026 (per footnote: first anniversary tranche of a 70,000 RSU grant originally awarded July 25, 2025).
- Tax withholding: 7,836 shares withheld at $2.35/share to satisfy tax liability (cashless/stock withholding; amount reported $18,415).
- Gift/transfer: 9,664 shares transferred to P. Brady Hayden Revocable Trust on July 27, 2026 for no consideration; reporting person is trustee and sole beneficiary (footnote clarifies he remains beneficial owner).
- Filing: Form 4 filed July 28, 2026 reporting the July 24–27 transactions; filing appears timely.
- Shares owned after transaction: Not specified in the supplied filing text.
- Footnotes: F1 describes the original 70,000 RSU grant with performance/anniversary vesting; F2 confirms the 17,500 tranche vested; F3 explains tax-withholding; F4 explains the exempt trust transfer.
Context This was a routine vesting event (award settlement) rather than an open-market sale or new purchase. The tax withholding is a common administrative disposition and the trust transfer is an exempt gift to a revocable trust where Brady remains the beneficiary, so these moves do not necessarily signal a change in his economic exposure to the company.