4Filed Jul 29, 8:00 PM ET
CuriosityStream COO Theresa Cudahy Receives 187,500 Shares
$CURI · CuriosityStream Inc.Research Summary
AI-generated summary of this SEC filing
CuriosityStream COO Theresa Cudahy Receives 187,500 Shares
What Happened
- Theresa Ellen Cudahy, CuriosityStream’s Chief Operating Officer and Secretary, had 187,500 restricted stock units (RSUs) vest and be settled into 187,500 shares of common stock on July 28, 2026.
- To cover tax withholding, 52,631 of those shares were surrendered at $2.35 per share for a withholding value of $123,683, leaving a net 134,869 shares delivered to her.
Key Details
- Transaction date: July 28, 2026 (Form 4 filed July 30, 2026 — appears timely).
- Vesting/settlement: 187,500 RSUs converted one-for-one into common shares (derivative conversion).
- Tax withholding: 52,631 shares withheld at $2.35/share = $123,683 (reported as disposition code F).
- Net new shares received: 187,500 − 52,631 = 134,869 shares.
- Footnotes: RSUs were granted July 25, 2025 and vest in four tranches of 187,500 each based on time or stock-price performance; the first tranche vested on the first anniversary and was settled on July 28, 2026.
- Shares owned after the transaction: not specified in the provided filing.
Context
- This is an equity-compensation settlement (RSU vesting), not an open-market buy or voluntary sale. Such filings typically reflect routine compensation rather than a direct signal of sentiment.
- The filing shows both the conversion/cancellation of the RSU derivative and the withholding (a cashless-type step) to meet tax obligations.