CURI CEO Stinchcomb files Form 4 detailing stock sales and RSU vesting
Rhea-AI Filing Summary
CuriosityStream Inc. President and CEO Clint Stinchcomb filed a Form 4 reporting recent stock transactions and performance-based equity awards.
He reported open-market sales of common stock on three dates: 63,674 shares on 11/20/2025 at a weighted average price of $4.92, 12,872 shares on 11/21/2025 at $4.60, and 141,206 shares on 11/24/2025 at a weighted average price of $4.653. After these sales, he beneficially owned 2,517,998 shares of common stock, held directly. The filing notes the sales were made for estate and tax planning purposes.
The filing also describes a grant on July 15, 2025 of 2,400,000 performance-based restricted stock units to Mr. Stinchcomb under the company’s 2020 Omnibus Incentive Plan, each RSU representing one share of common stock with dividend equivalent rights. On August 4, 2025, the board determined that a first performance condition was met by achieving 35% year-over-year revenue growth for the period January 1 through June 30, 2025, which triggered vesting of the first 600,000 RSUs, leaving 1,800,000 RSUs outstanding and subject to continued employment and future performance goals.
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Insights
CEO reports stock sales for planning purposes and partial vesting of a large performance-based RSU award.
The filing shows that **CuriosityStream Inc.** President and CEO **Clint Stinchcomb** sold a total of 217,752 shares of common stock on
The filing also reports a large, performance-based equity grant. On
The combination of disclosed revenue growth performance and substantial remaining unvested RSUs ties a significant portion of the CEO’s future compensation to ongoing performance and tenure, while the reported share sales modestly reduce, but do not eliminate, his direct common stock holdings. A key item to watch over the term of his employment agreement is how many of the remaining 1,800,000 RSUs ultimately vest under the stated performance and service conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 141,206 | $4.653 | $657K |
| Sale | Common Stock | 12,872 | $4.60 | $59K |
| Sale | Common Stock | 63,674 | $4.92 | $313K |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- Sales were made for estate and tax planning purposes. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $4.98, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.60 to $4.735, 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. 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. On August 4, 2025, the Board determined that the Company met the first performance condition of the award by achieving 35% year-over-year revenue growth for the period January 1 through June 30, 2025, compared to the same period in 2024, and thereby triggering the vesting of the first tranche of the Award, or 600,000 RSUs. 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.
FAQ
What did CuriosityStream (CURI) report in this Form 4 filing?
The filing reports that President and CEO Clint Stinchcomb sold shares of CuriosityStream Inc. common stock in several transactions and provides details on a previously granted performance-based RSU award, including the vesting of its first tranche after revenue growth targets were met.
What performance-based RSU grant did CuriosityStream (CURI) give its CEO?
On July 15, 2025, CuriosityStream granted Clint Stinchcomb 2,400,000 restricted stock units (RSUs) under the 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of common stock and carries tandem dividend equivalent rights, with vesting tied to stock price or financial performance goals and continued employment.
What revenue performance triggered RSU vesting for CuriosityStream (CURI) CEO?
On August 4, 2025, the board determined that CuriosityStream achieved 35% year-over-year revenue growth for the period January 1 through June 30, 2025 compared to the same period in 2024. This achievement triggered vesting of the first 600,000 RSUs from the CEO’s performance-based award.
How many RSUs remain outstanding for the CuriosityStream (CURI) CEO after the first tranche vested?
After the first 600,000 RSUs vested upon meeting the revenue growth condition, 1,800,000 RSUs remain outstanding for Clint Stinchcomb, as shown in the derivative securities table. These RSUs are still subject to continued employment and future performance conditions.