CuriosityStream Inc.·4

Mar 13, 3:55 PM ET

Stinchcomb Clinton Larry 4

4 · CuriosityStream Inc. · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

CuriosityStream CEO Clinton Stinchcomb Receives 600,000 Shares

What Happened

  • Clinton L. Stinchcomb, President, CEO and a director of CuriosityStream (CURI), received 600,000 shares on March 11, 2026 when the second tranche of performance-based RSUs vested. To satisfy tax withholding, 196,738 shares were withheld/disposed at $3.27 per share for a withholding value of $643,333, leaving a net issuance of 403,262 shares to Mr. Stinchcomb.
  • This was not an open-market sale by the insider for investment purposes but the conversion/vesting of previously granted restricted stock units (derivative conversion).

Key Details

  • Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely).
  • Vesting: 600,000 RSUs vested (second tranche of a 2,400,000 RSU award originally granted July 15, 2025).
  • Tax withholding: 196,738 shares withheld/disposed at $3.27 per share = $643,333.
  • Net shares delivered to insider: 403,262 shares (600,000 vested minus 196,738 withheld).
  • Footnotes: RSUs are performance-based and subject to continued employment; the Board certified the performance condition (40% revenue growth and 35% adjusted free cash flow growth for 2025) on March 10, 2026. Withholding represents share surrender to cover tax obligations.
  • Filing status: Timely (no late filing indicated).

Context

  • These filings reflect vesting and standard tax withholding rather than a discretionary sale or purchase. The conversion of RSUs into common stock (derivative exercise/conversion) is a routine executive compensation event tied to performance goals, not a market trade indicating personal buying/selling intent.

Insider Transaction Report

Form 4
Period: 2026-03-11
Stinchcomb Clinton Larry
DirectorPresident and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-03-11+600,0003,017,998 total
  • Tax Payment

    Common Stock

    [F3]
    2026-03-11$3.27/sh196,738$643,3332,821,260 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-03-11600,0001,200,000 total
    Common Stock (600,000 underlying)
Footnotes (3)
  • [F1]On July 15, 2025, the Company granted Mr. Stinchcomb 2,400,000 restricted stock units (RSUs) with tandem dividend equivalent rights under the 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of common stock. The RSUs granted are performance-based, subject to the Company achieving certain stock price or financial performance goals. All vesting is subject to continued employment on the applicable vesting date and any RSUs not earned during the term of Mr. Stinchcomb's employment agreement ("Agreement") will be cancelled. The dividend equivalents rights entitle Mr. Stinchcomb to payout of dividends accrued on each unvested RSU to the extent such RSUs vest and are distributed under the Agreement.
  • [F2]On March 10, 2026, the Board determined that the Company met the second performance condition of the award by achieving 40% revenue growth and 35% adjusted free cash flow growth for the full year 2025 compared to 2024, and thereby triggering the vesting of the second tranche of the Award, or 600,000 RSUs.
  • [F3]Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted
Signature
/s/ P. Brady Hayden as attorney-in-fact for Clint Stinchcomb|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773431718.xmlPrimary

    FORM 4