Clinton Larry Stinchcomb - 05 Aug 2025 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Role
President and CEO, Director
Signature
/s/ P. Brady Hayden as attorney-in-fact for Clint Stinchcomb
Issuer symbol
CURI
Transactions as of
05 Aug 2025
Transactions value $
-$1,111,819
Form type
4
Filing time
07 Aug 2025, 17:01:22 UTC
Previous filing
16 Jul 2025
Next filing
13 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stinchcomb Clinton Larry President and CEO, Director 8484 GEORGIA AVE., SUITE 700, SILVER SPRING /s/ P. Brady Hayden as attorney-in-fact for Clint Stinchcomb 07 Aug 2025 0001827441

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURI Common Stock Options Exercise +600K +29.91% 2.61M 05 Aug 2025 Direct F1, F2
transaction CURI Common Stock Tax liability -$1.11M -236K -9.06% $4.71 2.37M 06 Aug 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CURI Restricted Stock Units Options Exercise -600K -25% 1.8M 05 Aug 2025 Common Stock 600K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 15, 2025, the Company granted Mr. Stinchcomb 2,400,000 restricted stock units (RSUs) with tandem dividend equivalent rights under the 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of common stock. The RSUs granted are performance-based, subject to the Company achieving certain stock price or financial performance goals. All vesting is subject to continued employment on the applicable vesting date and any RSUs not earned during the term of Mr. Stinchcomb's employment agreement ("Agreement") will be cancelled. The dividend equivalents rights entitle Mr. Stinchcomb to payout of dividends accrued on each unvested RSU to the extent such RSUs vest and are distributed under the Agreement.
F2 On August 4, 2025, the Board determined that the Company met the first performance condition of the award by achieving 35% year-over-year revenue growth for the period January 1 through June 30, 2025, compared to the same period in 2024, and thereby triggering the vesting of the first tranche of the Award, or 600,000 RSUs.
F3 Represents the withholding of shares of the Company's common stock for payment of income tax in connection with the vesting of restricted stock units disclosed above as an acquisition of shares, which such netting of shares does not constitute an actual sale or other open market transaction.