Form 4: CuriosityStream Inc. Officer 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 February 19, 2025, Rebecca Reed, General Counsel of CuriosityStream Inc., reported the vesting of 380 restricted stock units, which converted into common stock.
- Shares were withheld for tax purposes related to the vesting of these units at a price of $2.64.
- On February 20, 2025, an additional 43 restricted stock units vested and converted into common stock.
- More shares were withheld for tax purposes related to the vesting of these units at a price of $2.755.
- Following these transactions, Ms. Reed directly owns 21,558 shares of CuriosityStream Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives regarding their holdings in the company.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting of the restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 2021-07-19 | Date of original grant of 380 restricted stock units that vested on 2025-02-19. |
| 2021-09-20 | Date of original grant of 43 restricted stock units that vested on 2025-02-20. |
| 2025-01-23 | Date of execution of Limited Power of Attorney for Section 16 reporting obligations. |
| 2025-02-19 | Vesting and conversion of 380 restricted stock units into common stock; tax withholding. |
| 2025-02-20 | Vesting and conversion of 43 restricted stock units into common stock; tax withholding. |
| 2025-02-21 | Date of Form 4 filing. |
Keywords
Form 4, CuriosityStream Inc., Rebecca Reed, Restricted Stock Units, Vesting, Common Stock, Insider Trading, SEC, CURI
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.