CuriosityStream (CURI) Director Reports Sales, Retains 1.33M Shares via LLC
Rhea-AI Filing Summary
Jonathan Huberman, a director of CuriosityStream Inc. (CURI), reported sales of Common Stock on September 2 and September 4, 2025. On 09/02/2025 he sold 15,807 shares at a weighted average price of $4.6024, and on 09/04/2025 he sold 25,000 shares at a weighted average price of $4.5507. After the reported transactions, the filing shows 1,333,576 shares beneficially owned by Mr. Huberman indirectly through 211 LV LLC. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Huberman.
The filing discloses that the reported prices are weighted averages from multiple transactions within stated ranges and that Mr. Huberman may be deemed to share beneficial ownership of the securities held by 211 LV LLC while disclaiming beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- Director reported open-market sales of 40,807 shares on 09/02/2025 and 09/04/2025 at weighted-average prices near $4.55–$4.60.
- Some transaction detail is aggregated into weighted-average prices; per-price breakdowns are available only upon request per the footnotes.
Insights
Insider sales totaling 40,807 shares were disclosed; ownership remains concentrated via an LLC.
The Form 4 shows two discrete open-market sales: 15,807 shares on 09/02/2025 at a weighted average of $4.6024 and 25,000 shares on 09/04/2025 at a weighted average of $4.5507. Post-transactions beneficial ownership attributable to Mr. Huberman via 211 LV LLC is reported as 1,333,576 shares. The filing includes standard weighted-average price footnotes and an indirect ownership disclosure. For investors, the key facts are the sale quantities, the prices, and the continued indirect holding vehicle; the filing contains no information on the purpose of sales or any derivative transactions.
Director sold shares but maintains large indirect stake through an LLC; disclosure follows Form 4 requirements.
The disclosure identifies Mr. Huberman as a director and reporting person and clarifies indirect ownership via 211 LV LLC with a customary disclaimer. Sales were reported with weighted-average prices and footnote commitments to provide per-price breakdowns on request. The filing does not report any amendments, derivative holdings, or intent to change governance roles. The information is routine and compliant with Section 16 reporting obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $4.5507 | $114K |
| Sale | Common Stock | 15,807 | $4.6024 | $73K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.6 to $4.65, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.55 to $4.57, 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.
