Form 4: CuriosityStream CFO Peter Westley Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Peter Westley, CFO of CuriosityStream Inc., disposed of 15,302 shares of common stock on May 31, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On May 31, 2024, Peter Westley, the Chief Financial Officer of CuriosityStream Inc., disposed of 15,302 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of previously granted restricted stock units.
- The shares were disposed of at a price of $1.04 per share.
- Following the transaction, Mr. Westley directly owns 155,411 shares of CuriosityStream Inc.
- Additionally, Mr. Westley indirectly owns 6,312 shares held by The Westley Revocable Trust, of which he is the trustee.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard transaction for covering tax obligations related to stock vesting. It doesn't indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of the transaction where Peter Westley disposed of shares. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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