[Form 4/A] Starz Entertainment Corp. Amended Insider Trading Activity

Rhea-AI Filing Summary

Scott D. Macdonald, an officer of Starz Entertainment Corp. (STRZ), amended a Form 4 to report an equity award transaction dated 08/04/2025. The amendment clarifies that 8,933 restricted stock units (RSUs) were granted on that date (the initial filing used an incorrect closing price). After the grant, Mr. Macdonald beneficially owns 67,297 common shares or share-equivalents. The disclosed RSUs consist of three vesting schedules: 14,926 RSUs vesting on 07/03/2026; 29,632 RSUs vesting in two equal installments on 07/01/2026 and 07/01/2027; and 8,933 RSUs vesting in three equal installments on 08/04/2026, 08/04/2027, and 08/04/2028. The form is signed by Audrey Lee by power of attorney for Mr. Macdonald on 08/14/2025.

Positive

• Amendment corrects disclosure by clarifying the grant was based on the closing price on 08/04/2025, improving transparency
• Structured, multi-year vesting (2026–2028) aligns the officer's compensation with longer-term retention incentives
• No disposals reported, indicating the filing reflects a grant rather than insider selling activity

Negative

• No grant value disclosed (fair value or dollar amount is not provided, limiting assessment of dilution impact)
• No percentage ownership relative to outstanding shares is reported, so impact on share count is unclear

Insights

Corporate Governance Expert

TL;DR: Officer received RSU grants with multi-year vesting; amendment corrects valuation basis and updates beneficial ownership.

The amendment clarifies the grant sizing methodology by stating the RSU amount was based on the closing price on the grant date (08/04/2025) rather than an earlier date. That correction improves disclosure accuracy for shareholders and regulators. The award structure shows staggered vesting through 2028, aligning executive compensation with multi-year retention objectives. The filing does not disclose grant fair value or exercise/settlement conditions beyond share-for-share RSU settlement, nor does it indicate any sale or disposal activity. Overall this is a routine officer compensation disclosure with governance implications limited to transparency and retention alignment.

Securities Analyst

TL;DR: Insider ownership increased to 67,297 share-equivalents after RSU grants; no disposals reported.

The Form 4/A reports an acquisition (grant) of 8,933 RSUs and states total beneficial ownership of 67,297 shares or equivalents. The detailed vesting schedule provides clear timing for potential future share issuance between 07/03/2026 and 08/04/2028. The amendment solely corrects the price basis used to determine the share amount in the original filing; it contains no indications of market sales or changes to voting control. For investors tracking insider alignment, the disclosure documents compensation-related dilution timing but lacks dollar values or percentage ownership relative to outstanding shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MACDONALD SCOTT D

(Last) (First) (Middle)

C/O STARZ ENTERTAINMENT CORP.

1647 STEWART STREET

(Street)

SANTA MONICA CA 90404

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STARZ ENTERTAINMENT CORP /CN/ [ STRZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEE REMARKS

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/06/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/04/2025		A		8,933(1)	A	$0	67,297(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Share amount is based on the closing price of the Issuer's common stock on the grant date, August 4, 2025 (amount in the initial filing was inadvertently determined based on the July 31, 2025 closing price).

2. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 14,926 RSUs scheduled to vest on July 3, 2026; (ii) 29,632 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; and (iii) 8,933 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028.

Remarks:

	/s/ Audrey Lee, by power of atty., for Scott Macdonald	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Scott D. Macdonald report on the Form 4/A for STRZ?

The Form 4/A reports a grant of 8,933 restricted stock units (RSUs) dated 08/04/2025 and a total beneficial ownership of 67,297 common shares or equivalents.

How and when do the RSUs granted to Scott D. Macdonald vest?

The RSUs vest on staggered dates: 14,926 RSUs on 07/03/2026; 29,632 RSUs in two equal installments on 07/01/2026 and 07/01/2027; and 8,933 RSUs in three equal installments on 08/04/2026, 08/04/2027, and 08/04/2028.

Did the Form 4/A report any sales or dispositions by the reporting person?

No. The filing shows an acquisition (code A) of RSUs and does not report any disposals.

Why was the Form 4 amended?

The amendment corrects the share amount determination, stating it was based on the issuer's closing price on the grant date 08/04/2025 rather than the previously used July 31, 2025 closing price.

Who signed the Form 4/A for Scott D. Macdonald?

The form was signed by /s/ Audrey Lee by power of attorney for Scott Macdonald on 08/14/2025.