CuriosityStream Inc. (CURI) reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
CuriosityStream Inc. reported that General Counsel Rebecca R. Reed had 37,500 restricted stock units (RSUs) vest on July 24, 2026, converting into the same number of common shares. In connection with this vesting, 13,105 shares of common stock were withheld to cover tax obligations at $2.35 per share, and 112,500 RSUs remain outstanding from her 150,000-unit grant dated July 25, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 24,395 shares
Net Buy
3 txns
Insider
Reed Rebecca R
Role
Gen Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 37,500 | -- | -- |
| Exercise | Common Stock F1, F2 | 37,500 | -- | -- |
| Tax Withholding | Common Stock F3 | 13,105 | $2.35 | $31K |
Holdings After Transaction:
Restricted Stock Units — 112,500 shares (Direct);
Common Stock — 68,533 shares (Direct)
Footnotes (3)
- F1. On July 25, 2025, the Company granted Ms. Reed 150,000 restricted stock units ("RSUs") under the Company's 2020 Omnibus Incentive Plan. The RSUs granted may vest in four tranches of 37,500 each upon the date the Board determines that the applicable performance condition has been achieved: (i) the common stock of the Company achieves a 10-day volume weighted average price (VWAP) of $6.50; (ii) the common stock achieves a 10-day VWAP of $7.50; (iii) the common stock achieves a 10-day VWAP of $9.50; and (iv) the common stock achieves a 10-day VWAP of $11.50. In the event that the Performance Conditions are not met, the RSUs granted will vest in four equal installments of 37,500 on each of the first, second, third and fourth anniversaries of the grant date, and will be settled upon vesting (or within 30 days thereafter). All vesting events are subject to continued employment on each applicable vesting date.
- F2. On July 24, 2026, the first tranche of 37,500 RSUs vested on the first anniversary of the grant date.
- F3. Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.
Key Figures
Vested RSUs: 37,500 units
Tax withholding shares: 13,105 shares
Tax withholding price: $2.35 per share
+2 more
5 metrics
Vested RSUs
37,500 units
First tranche of RSUs vested on July 24, 2026, converting into common stock
Tax withholding shares
13,105 shares
Shares of common stock withheld to satisfy tax obligations on RSU vesting
Tax withholding price
$2.35 per share
Per-share value used for the 13,105 shares withheld for tax purposes
RSUs remaining from grant
112,500 units
Restricted stock units remaining after 37,500 vested from the 2025 grant
Original RSU grant size
150,000 units
RSUs granted to Rebecca R. Reed on July 25, 2025 under the 2020 plan
Key Terms
Restricted Stock Units, volume weighted average price, 10-day VWAP, Omnibus Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"the Company granted Ms. Reed 150,000 restricted stock units ("RSUs") under the Company's 2020"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
volume weighted average price financial
"the common stock of the Company achieves a 10-day volume weighted average price (VWAP) of $6.50"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
10-day VWAP financial
"the common stock achieves a 10-day VWAP of $7.50; (iii) the common stock achieves a 10-day VWAP"
10-day VWAP is the average price at which a stock traded over the past ten trading days, weighted by the number of shares exchanged at each price so bigger trades count more. Investors use it like a benchmark or reference line—similar to checking the average speed on a ten-day trip weighted by how long you traveled at each speed—to judge whether current prices are fair, to time trades, and to spot short-term trends or unusual activity.
Omnibus Incentive Plan financial
"granted Ms. Reed 150,000 restricted stock units ("RSUs") under the Company's 2020 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity event did CuriosityStream (CURI) disclose for Rebecca R. Reed?
CuriosityStream disclosed that General Counsel Rebecca R. Reed had 37,500 RSUs vest on July 24, 2026, converting into the same number of common shares. This vesting relates to a 150,000 RSU grant awarded in July 2025 under the company’s incentive plan.
How many RSUs does Rebecca R. Reed still hold at CuriosityStream (CURI)?
After the reported vesting, 112,500 RSUs from Rebecca R. Reed’s July 25, 2025 grant remain outstanding. The original award totaled 150,000 RSUs, structured in four tranches of 37,500 units each, subject to performance or time-based vesting.
What were the terms of the 150,000 RSU grant reported for CuriosityStream (CURI)?
The grant to Rebecca R. Reed covered 150,000 RSUs under the 2020 Omnibus Incentive Plan, split into four 37,500-unit tranches. Each tranche can vest upon specified 10-day VWAP price targets, or alternatively in equal annual installments over four years.
Did the CuriosityStream (CURI) RSUs vest based on time or performance conditions?
The filing states that on July 24, 2026, the first tranche of 37,500 RSUs vested on the first anniversary of the grant date. The broader grant permits vesting upon share-price VWAP targets or, if not achieved, in four equal annual installments.