Form 4: CuriosityStream Inc. Executive Rebecca Reed Reports Stock Transactions
SEC Form 4 Filing
Rebecca Reed, General Counsel of CuriosityStream Inc., reports the vesting and conversion of restricted stock units into common stock, along with associated tax withholding.
Summary
- On May 19, 2025, Rebecca Reed, General Counsel of CuriosityStream Inc., reported the vesting of 380 restricted stock units, which were converted into 380 shares of common stock.
- Also on May 19, 2025, 134 shares of common stock were withheld for tax purposes related to the vesting of these restricted stock units at a price of $6.3 per share.
- On May 20, 2025, an additional 43 restricted stock units vested and were converted into 43 shares of common stock.
- Furthermore, on May 20, 2025, 16 shares of common stock were withheld for tax purposes related to the vesting of these restricted stock units at a price of $6.31 per share.
- Following these transactions, Ms. Reed directly owns 30,994 shares of CuriosityStream Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares from vested RSUs.
- The tax withholding benefits the government.
Key Dates
| Date | Description |
|---|---|
| July 19, 2021 | Date of grant for 380 restricted stock units that vested on May 19, 2025. |
| September 20, 2021 | Date of grant for 43 restricted stock units that vested on May 20, 2025. |
| May 19, 2025 | Vesting and conversion of 380 restricted stock units into common stock; withholding of 134 shares for taxes. |
| May 20, 2025 | Vesting and conversion of 43 restricted stock units into common stock; withholding of 16 shares for taxes. |
| May 21, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Rebecca Reed, CuriosityStream Inc., CURI, restricted stock units, common stock, insider trading, vesting, tax withholding
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