STOCK TITAN

CuriosityStream Insider Sale: Huberman Disposes of Shares, Retains 1.37M Indirect Stake

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Jonathan Huberman, a director of CuriosityStream Inc. (CURI), reported sales of company common stock on 08/29/2025. The filing discloses dispositions of 40,057 shares sold at a weighted-average price of $4.494 (individual trades ranged from $4.45 to $4.64) and an additional reported disposition of 144,700 shares. After these transactions, the reporting person beneficially owned 1,374,383 shares indirectly through 211 LV LLC, for which he is the managing member and which may result in shared beneficial ownership. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Huberman.

Positive

  • None.

Negative

  • Director disposed of 184,757 shares (40,057 sold at a weighted-average $4.494 and an additional 144,700 reported disposed), which may be viewed negatively by some investors
  • Sales reduce the director's reported economic stake despite continued indirect ownership through 211 LV LLC

Insights

TL;DR: Director sold a notable block of shares, but retains significant indirect ownership via 211 LV LLC.

The Form 4 reports disposals totaling 184,757 shares (40,057 at a weighted-average price of $4.494 and 144,700 reported sold) on 08/29/2025. Insider sales of this scale can be liquidity-driven and do not alone indicate company performance changes. Retention of 1,374,383 shares indirectly suggests continued alignment with shareholder value, though the filing disclaims direct beneficial ownership beyond pecuniary interest. Impact is informational for investors monitoring insider activity.

TL;DR: Transaction is a routine director sale with disclosure of indirect ownership via an LLC.

The filing properly discloses the relationship between the reporting person and 211 LV LLC, noting indirect beneficial ownership and a disclaimer of broader ownership interest. The weighted-average pricing footnote and offer to provide breakouts by price show compliance with disclosure norms. From a governance viewpoint, the submission appears complete and transparent regarding the mechanics of the disposition.

Insider HUBERMAN JONATHAN
Role Director
Sold 40,057 shs ($180K)
Type Security Shares Price Value
Sale Common Stock 40,057 $4.494 $180K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,374,383 shares (Indirect, By 211 LV LLC); Common Stock — 144,700 shares (Direct)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.45 to $4.64, inclusive. The reporting person undertakes to provide to CuriosityStream Inc., any security holder of CuriosityStream Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. Mr. Huberman holds these securities indirectly as the reporting person and managing member of 211 LV LLC and may be deemed to share beneficial ownership of the securities held directly by 211 LV LLC, and disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HUBERMAN JONATHAN

(Last) (First) (Middle)
8484 GEORGIA AVE., SUITE 700

(Street)
SILVER SPRING MD 20910

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CuriosityStream Inc. [ CURI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/29/2025 S 40,057 D $4.494(1) 1,374,383 I By 211 LV LLC(2)
Common Stock 144,700 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.45 to $4.64, inclusive. The reporting person undertakes to provide to CuriosityStream Inc., any security holder of CuriosityStream Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
2. Mr. Huberman holds these securities indirectly as the reporting person and managing member of 211 LV LLC and may be deemed to share beneficial ownership of the securities held directly by 211 LV LLC, and disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Remarks:
/s/ P. Brady Hayden as attorney-in-fact for Jonathan Huberman 09/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Jonathan Huberman report on Form 4 for CURI?

The Form 4 reports dispositions on 08/29/2025 of 40,057 shares sold at a weighted-average price of $4.494 (trades ranged $4.45–$4.64) and an additional disposition of 144,700 shares.

How many CuriosityStream (CURI) shares does Jonathan Huberman beneficially own after the reported transactions?

The filing shows he beneficially owns 1,374,383 shares indirectly through 211 LV LLC following the reported transactions.

What is the relationship between Jonathan Huberman and 211 LV LLC per the Form 4?

Mr. Huberman is the managing member of 211 LV LLC and holds the reported securities indirectly through that entity; he disclaims beneficial ownership beyond any pecuniary interest.

When were the reported transactions executed and who signed the Form 4?

The transactions occurred on 08/29/2025 and the Form 4 was signed by P. Brady Hayden as attorney-in-fact for Jonathan Huberman on 09/02/2025.

Was the sale price for all shares disclosed in the Form 4?

The filing discloses a weighted-average price of $4.494 for the 40,057 shares and notes the trade price range of $4.45 to $4.64; the 144,700-share disposition is reported without an explicit price in the visible table.