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Starz (STRZ) Amends Form 4: RSU Grant and Ownership Updated

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Amendment to Form 4 reporting RSU grant and corrected share calculation for an officer of Starz Entertainment Corp (STRZ). The filing reports that Jason Wyrick, an officer, was granted restricted stock units (RSUs) with an effective transaction date of 08/04/2025. The amendment corrects the previously reported share amount, noting the original calculation used the July 31, 2025 closing price in error; the corrected grant reflects the August 4, 2025 closing price and shows 4,647 RSUs granted on that date. Following the transaction, Mr. Wyrick beneficially owns 20,928 common shares including unvested RSUs. The RSUs vest on scheduled dates: 4,010 RSUs on 07/03/2026; 9,086 RSUs in two equal installments on 07/01/2026 and 07/01/2027; and 4,647 RSUs in three equal installments on 08/04/2026, 08/04/2027 and 08/04/2028.

Positive

  • Amendment filed to correct grant calculation, improving disclosure accuracy
  • Detailed vesting schedule provided for all RSU tranches (2026–2028), clarifying future dilution timing
  • Post‑transaction beneficial ownership disclosed: 20,928 common shares

Negative

  • Original filing used incorrect closing price (July 31, 2025) requiring an amendment
  • Grant increases potential future dilution as RSUs vest over multiple years

Insights

TL;DR: Officer received time‑based RSUs and the company corrected the grant calculation; routine disclosure with limited immediate impact.

The amended Form 4 clarifies the number of RSUs granted to an officer by using the correct grant‑date closing price. Time‑based RSUs with multi‑year vesting align executive compensation with retention goals rather than immediate liquidity events. The correction improves disclosure accuracy but does not change the compensation structure or vesting schedule. For shareholders, the primary consideration is dilution over the vesting period and alignment of incentives; the filing provides the vesting timetable and post‑grant beneficial ownership figure of 20,928 shares.

TL;DR: Amendment addresses a technical calculation error; filing fulfills Section 16 reporting obligations.

The report rectifies an inadvertent use of an earlier closing price and restates the grant amount tied to the August 4, 2025 closing price. The signature by power of attorney indicates procedural completion. No derivative transactions or dispositions are reported. From a compliance perspective, timely amendment and clear explanation reduce regulatory risk; no evidence in the filing of insider sales or other reportable transactions beyond the grant.

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*
Wyrick Jason

(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 4,647(1) A $0 20,928(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) 4,010 RSUs scheduled to vest on July 3, 2026; (ii) 9,086 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; and (iii) 4,647 RSUs scheduled to vest in three equal annual installments on August 4, 2026, 2027 and 2028.
Remarks:
/s/ Audrey Lee, by power of atty., for Jason Wyrick 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 the amended Form 4 for STRZ report?

The amendment reports a corrected RSU grant to officer Jason Wyrick dated 08/04/2025 and restates his beneficial ownership at 20,928 shares.

How many RSUs were granted on 08/04/2025?

4,647 RSUs were granted on 08/04/2025 as shown in the amended filing.

What vesting schedule applies to the RSU grant?

Vesting occurs across multiple dates: 4,010 RSUs on 07/03/2026; 9,086 RSUs in two equal installments on 07/01/2026 and 07/01/2027; and 4,647 RSUs in three equal annual installments on 08/04/2026, 08/04/2027, and 08/04/2028.

Why was an amendment necessary?

The initial filing used the July 31, 2025 closing price in error; the amendment corrects the share amount using the August 4, 2025 closing price.

Does the filing report any sales or option exercises by the reporting person?

No. The filing shows only the RSU grant (acquisition) and no dispositions or derivative transactions.
Starz Entertainment Corporation

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182.87M
11.36M
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2.43%
Entertainment
Services-motion Picture & Video Tape Production
Link
United States
SANTA MONICA