CuriosityStream (CURI) awards 250,000 RSUs to Chief Commercial Officer Vilade
Rhea-AI Filing Summary
CuriosityStream granted Chief Commercial Officer John T. Vilade a total of 250,000 restricted stock units (RSUs) on February 10, 2026 under its 2020 Omnibus Incentive Plan. One award covers 150,000 performance-based RSUs that vest in four tranches of 37,500 when the Board determines specific performance conditions are achieved, tied either to 10-day volume-weighted average price (VWAP) targets of $6.50, $7.50, $9.50 and $11.50 or to achieving 2026–2029 annual bonus plan targets at 100%. Any of these RSUs not earned by January 31, 2030 will be cancelled. The second award covers 100,000 RSUs that vest in four equal annual tranches of 25,000 on the first through fourth anniversaries of the grant date. Each RSU represents one share of common stock, settled at or within 30 days after vesting, and all vesting requires continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 150,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 100,000 | $0.00 | -- |
Footnotes (1)
- On February 10, 2026, the Company granted Mr. Vilade 150,000 restricted stock units (RSUs) with tandem dividend equivalent rights under the Company's 2020 Omnibus Incentive Plan. The RSUs granted will vest in four tranches of 37,500 each upon the date the Board of Directors determines that the applicable performance condition has been achieved: (i) the Company's common stock achieves a 10-day Volume Weighted Average Price (VWAP) of $6.50 or achievement of 2026 Company annual bonus plan targets (at 100%); (ii) the common stock achieves a 10-day VWAP of $7.50 or achievement of 2027 Company annual bonus plan targets (at 100%); (iii) the common stock achieves a 10-day VWAP of $9.50 or achievement of 2028 Company annual bonus plan targets (at 100%); and (iv) the common stock achieves a 10-day VWAP of $11.50 or achievement of 2029 Company annual bonus plan targets (at 100%). Any RSUs not earned by January 31, 2030, will be cancelled. Each RSU represents the right to receive one share of common stock and will be settled upon vesting (or within 30 days thereafter). All vesting events are subject to continued employment on each applicable vesting date. On February 10, 2026, the Company granted Mr. Vilade 100,000 RSUs with tandem dividend equivalent rights under the Company's 2020 Omnibus Incentive Plan. The RSUs will vest in four tranches of 25,000 each on the first, second, third and fourth anniversaries of the grant date.
FAQ
What equity awards did CuriosityStream (CURI) grant to John T. Vilade?
How do the 150,000 performance-based RSUs for CURI’s Vilade vest?
What happens to unearned performance RSUs for CuriosityStream’s CCO?
What is the vesting schedule for the 100,000 time-based RSUs at CuriosityStream?
What does each RSU granted by CuriosityStream to Vilade represent?
Are the RSUs granted to CuriosityStream’s CCO subject to employment conditions?