CURI CFO reports RSU vesting and trust transfer of 101,667 shares
Rhea-AI Filing Summary
CuriosityStream (CURI) Form 4: Chief Financial Officer P. Brady Hayden reported vesting and a follow-on transfer. On 11/11/2025, 101,667 performance-based RSUs converted to common stock (transaction code M) after the Board determined the company achieved more than $9,000,000 in adjusted free cash flow between October 1, 2024 and September 30, 2025. Earlier, on May 7, 2025, the Board confirmed the first performance condition, vesting 50,833 RSUs for surpassing $4,500,000 in adjusted free cash flow since October 1, 2024.
On 11/12/2025, Hayden reported an exempt transfer (code G) of 101,667 shares to the P. Brady Hayden Revocable Trust for no consideration; he is trustee and sole beneficiary and remains the beneficial owner. Following the transactions, the filing lists 122,484 shares held indirectly by the trust and 25,000 shares held indirectly by Plan Z, LLC, of which Hayden is managing member.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 101,667 | $0.00 | -- |
| Gift | Common Stock | 101,667 | $0.00 | -- |
| Exercise | Restricted Stock Units | 101,667 | $0.00 | -- |
| Exercise | Common Stock | 101,667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- On October 9, 2024, the Company granted Brady Hayden 152,500 performance-based restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan (the "Award"). Each RSU represents a contingent right to receive one share of common stock. On May 7, 2025, the Board determined that the Company met the first performance condition of the Award, for having then achieved more than $4,500,000 in adjusted free cash flow since October 1, 2024, and thereby triggering the vesting of one-third of the Award, or 50,833 RSUs. On November 11, 2025, the Board determined that the Company met the second performance condition of the Award, by achieving more than $9,000,000 in adjusted free cash flow between October 1, 2024 and September 30, 2025, and thereby triggering the vesting of two-thirds of the Award, or 101,667 RSUs. Reflects the exempt transfer of 101,667 shares from Mr. Hayden to P. Brady Hayden Revocable Trust on November 12, 2025 for no consideration. The reporting person is trustee of the trust, and the reporting person is the sole beneficiary of the trust. The reporting person remains the beneficial owner of the securities held by the trust.