[Form 4] CuriosityStream Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jonathan Huberman, a director of CuriosityStream Inc. (CURI), reported multiple sales of the issuer's common stock in late August 2025. The Form 4 shows sales on 08/25/2025 (2,815 shares at a weighted average price $4.45), 08/26/2025 (16,225 shares at $4.45) and 08/27/2025 (96 shares at $4.45), leaving 1,414,440 shares beneficially owned by 211 LV LLC following the last dated transaction. The filing explains Mr. Huberman holds the securities indirectly as managing member of 211 LV LLC and disclaims beneficial ownership beyond any pecuniary interest. The reported price is a weighted average and the filer offers to provide a breakdown of shares sold at separate prices upon request.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director sold a portion of indirectly held shares via 211 LV LLC; disclosure is routine but merits attention to timing and scale.
The Form 4 discloses non-derivative disposals by a director who reports indirect ownership through 211 LV LLC. The report includes specific quantities and a weighted average price of $4.45, and the filer offers to disclose per-price breakdowns if requested. From a governance standpoint, the filing meets Section 16 reporting requirements and clarifies the reporting persons indirect holding and disclaimer of beneficial ownership beyond pecuniary interest. The presence of multiple dated transactions and an additional disclosed disposal of 144,700 shares (not tied to a specific date or price in the dated rows) warrants careful review by compliance and investor relations to ensure clarity for stakeholders.
TL;DR: Insider sales reduced reported indirect holdings; transaction sizes and weighted pricing are explicitly disclosed.
The filing identifies specific share dispositions on 08/25/2025, 08/26/2025 and 08/27/2025 totaling 19,136 shares at a reported weighted average price of $4.45, resulting in 1,414,440 shares reported as beneficially owned after the last dated transaction. The document also lists a separate disposal entry of 144,700 shares in the non-derivative table without accompanying dated rows or price detail in the same section; the explanatory footnotes reiterate indirect ownership via 211 LV LLC and offer supplemental breakdowns on pricing. For investors, the filing provides transparent quantities and the filing was properly signed via attorney-in-fact, satisfying procedural requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 96 | $4.45 | $427.20 |
| Sale | Common Stock | 16,225 | $4.45 | $72K |
| Sale | Common Stock | 2,815 | $4.45 | $13K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 $4.45 to $4.455, 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 footnote (2) to this Form 4.
