Form 4: CuriosityStream CFO Peter Westley Reports Stock Transactions
SEC Form 4 Filing
Peter Westley, CFO of CuriosityStream Inc., reports the vesting and conversion of restricted stock units into common stock.
Summary
- On May 21, 2024, Peter Westley, the Chief Financial Officer of CuriosityStream Inc., reported transactions involving the company's stock.
- Specifically, 37,104 restricted stock units granted on July 28, 2023, vested and converted into common stock on a one-to-one basis.
- Additionally, 72,068 restricted stock units granted on May 21, 2022, also vested and converted into common stock on the same day.
- Following these transactions, Mr. Westley directly owns 164,217 shares of common stock and indirectly owns 6,312 shares through The Westley Revocable Trust.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the industry.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| May 21, 2022 | Grant date of 72,068 restricted stock units that vested on May 21, 2024. |
| July 28, 2023 | Grant date of 37,104 restricted stock units that vested on May 21, 2024. |
| May 21, 2024 | Date of vesting and conversion of restricted stock units into common stock. |
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