CuriosityStream CFO reports RSU vesting, share gift
CuriosityStream Chief Financial Officer Phillip Brady Hayden reported equity compensation activity and an internal ownership transfer.
Rhea-AI Filing Summary
CuriosityStream Chief Financial Officer Phillip Brady Hayden reported equity compensation activity and an internal ownership transfer. On July 24, 2026, 17,500 restricted stock units vested into 17,500 shares of common stock, and 7,836 shares were withheld at $2.35 per share to cover tax obligations.
The remaining 9,664 shares from this vesting were moved on July 27, 2026 by bona fide gift from Hayden’s direct holdings into his revocable trust for no consideration. The trust holds 80,931 common shares after the transfer, while 52,500 RSUs remain outstanding and Plan Z, LLC holds an additional 25,000 shares indirectly for him.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,500 shares exercised/converted
Exercise
6 txns
Insider
Hayden Phillip Brady
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F4 | 9,664 | $0.00 | $0.00 |
| Gift | Common Stock F4 | 9,664 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 17,500 | -- | -- |
| Exercise | Common Stock F1, F2 | 17,500 | -- | -- |
| Tax Withholding | Common Stock F3 | 7,836 | $2.35 | $18K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 52,500 contracts (Direct);
Common Stock — 0 shares (Direct);
Common Stock — 80,931 shares (Indirect, Held by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.);
Common Stock — 25,000 shares (Indirect, Held by Plan Z, LLC, of which Mr. Hayden is managing member.)
Footnotes (4)
- F1. On July 25, 2025, the Company granted Mr. Hayden 70,000 restricted stock units ("RSUs") under the Company's 2020 Omnibus Incentive Plan. The RSUs granted may vest in four tranches of 17,500 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 17,500 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, 17,500 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.
- F4. Reflects the exempt transfer of 9,664 shares from Mr. Hayden to P. Brady Hayden Revocable Trust on July 27, 2026, for no consideration. The reporting person is trustee of the trust and the sole beneficiary of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
Key Figures
RSUs vested: 17,500 units
Shares withheld for taxes: 7,836 shares
Tax withholding price: $2.35 per share
+5 more
8 metrics
RSUs vested
17,500 units
Restricted stock units vested on July 24, 2026
Shares withheld for taxes
7,836 shares
Common shares withheld at $2.35 per share for tax obligations
Tax withholding price
$2.35 per share
Price applied to shares withheld for tax purposes
Gifted shares to trust
9,664 shares
Bona fide gift from direct holdings to revocable trust on July 27, 2026
Trust holdings after transfer
80,931 shares
Common shares held by P. Brady Hayden Revocable Trust after gift
Unvested/remaining RSUs
52,500 units
Restricted stock units remaining from original 70,000-unit grant
Plan Z, LLC indirect holdings
25,000 shares
Common shares held indirectly via Plan Z, LLC
Original RSU grant size
70,000 units
RSUs granted on July 25, 2025 under 2020 Omnibus Incentive Plan
Key Terms
restricted stock units, volume weighted average price, bona fide gift, revocable trust, +2 more
6 terms
restricted stock units financial
"granted Mr. Hayden 70,000 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"
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.
bona fide gift financial
"transaction code G with description "Bona fide gift" for 9,664 shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust financial
"P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Omnibus Incentive Plan financial
"RSUs granted 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award vested for CuriosityStream (CURI)'s CFO in July 2026?
On July 24, 2026, 17,500 restricted stock units (RSUs) vested for CuriosityStream CFO Phillip Brady Hayden, settling into 17,500 common shares. These RSUs are part of a 70,000-RSU grant under the 2020 Omnibus Incentive Plan, leaving 52,500 RSUs outstanding.
What indirect CuriosityStream (CURI) holdings are reported through Plan Z, LLC?
The report lists 25,000 CuriosityStream common shares held indirectly through Plan Z, LLC, an entity for which Phillip Brady Hayden is the managing member. These shares are disclosed as an additional indirect ownership position separate from his revocable trust holdings.
Does the CuriosityStream (CURI) CFO still hold unvested RSUs after this transaction?
Yes. After the July 24, 2026 vesting of 17,500 RSUs, a balance of 52,500 restricted stock units remains outstanding from the original 70,000-RSU grant. Future vesting depends on performance conditions or time-based schedules described in the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
