Form 4: Curis CFO Converts Preferred Stock to Common

Curis Inc.'s CFO, Diantha Duvall, converted 50 shares of Series B Convertible Preferred Stock into 66,666 shares of common stock.

Summary

• Diantha Duvall, Chief Financial Officer (CFO) of Curis Inc. (CRIS), converted Series B Convertible Preferred Stock into common stock.
• On March 20, 2026, 50 shares of Series B Convertible Non-Redeemable Preferred Stock automatically converted into 66,666 shares of Common Stock.
• The conversion occurred at a ratio of 1,333.33 shares of Common Stock for each share of Series B Preferred Stock, with no additional consideration paid for the conversion itself.
• Following this transaction, Ms. Duvall beneficially owns 77,707 shares of Curis Inc. Common Stock.
• Each share of Series B Preferred Stock was originally sold as part of a 'Security' package, which included warrants, at a purchase price of $1,000.00 per Security to the Reporting Person.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. It represents a pre-scheduled conversion of preferred stock into common stock, increasing the CFO's direct common stock holdings, which can be seen as a positive alignment of interests, but it is not a discretionary open market purchase.

Positives

• The conversion increases the direct common stock ownership of a key executive, which can be viewed as a sign of continued alignment with shareholder interests.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that this transaction is an automatic conversion of previously issued convertible preferred stock, a common mechanism for certain financing structures. While it increases an insider's direct common stock holdings, it is a pre-scheduled event rather than a discretionary purchase, and thus typically has a neutral to slightly positive signaling effect on market sentiment.

Related Party Transactions

• The transaction involves an insider (CFO Diantha Duvall) converting preferred stock into common stock, which is a standard type of related party transaction reporting under Section 16(a).

Stakeholder Impact

• Shareholders may view the increased direct common stock ownership by the CFO as a positive sign of management's commitment to the company's long-term performance.

Key Dates

Keywords

Curis Inc, CRIS, Diantha Duvall, CFO, Form 4, Insider Transaction, Stock Conversion, Preferred Stock, Common Stock, Beneficial Ownership