Starz (STRZ) insider amendment corrects RSU grant valuation to Aug 4, 2025

Rhea-AI Filing Summary

Alison Hoffman, President of Starz Networks, reported an amended Form 4 disclosing a grant of 13,457 restricted stock units (RSUs) dated 08/04/2025, recorded as an acquisition at a reported price of $0. After the reported transaction, the filing shows 76,672 common shares/RSU equivalents beneficially owned by Ms. Hoffman. The filing corrects an earlier calculation error, noting the share amount was based on the issuer's closing price on August 4, 2025 rather than July 31. The disclosed RSUs vest on scheduled dates: 21,843 RSUs vesting July 3, 2026; 41,298 RSUs vesting in two equal annual installments on July 1, 2026 and 2027; and 13,457 RSUs vesting in three equal installments on August 4, 2026, 2027 and 2028.

Positive

• Equity alignment: Grant of 13,457 RSUs increases executive ownership to 76,672 share-equivalents, aligning leadership with shareholder interests.
• Transparent correction: Amended filing clarifies the valuation date used (closing price on August 4, 2025) correcting the initial calculation error.
• Multi-year vesting: RSUs have staggered vesting through 2026–2028, which supports retention and long-term alignment.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity award disclosed and corrected for an earlier pricing error; aligns executive pay with long-term vesting.

The filing documents an equity compensation grant to the company's President and amends a prior Form 4 to correct the share amount valuation basis. The structure is typical: multi-year vesting schedules tie a material portion of compensation to continued service and potential stock performance. The amendment improves transparency by clarifying the valuation date used to determine the reported share amount.

Compensation Analyst

TL;DR: Material RSU award with staggered vesting; corrective amendment fixes grant valuation reference.

The disclosure shows 13,457 RSUs granted on August 4, 2025 and a post-transaction beneficial ownership total of 76,672 share-equivalents. Vesting is staged across 2026–2028 for different tranches (21,843; 41,298 across two installments; and 13,457 across three installments), which is consistent with retention-focused executive packages. The amendment notes the initial filing used an incorrect closing price date and now references the August 4 closing price for the grant calculation.

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^*

Hoffman Alison

(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)
	President of Starz Networks

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		13,457(1)	A	$0	76,672(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) 21,843 RSUs scheduled to vest on July 3, 2026; (ii) 41,298 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; and (iii) 13,457 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028.

Remarks:

	/s/ Audrey Lee, by power of atty., for Alison Hoffman	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 transaction did Alison Hoffman report on Form 4/A for STRZ?

The filing reports an acquisition of 13,457 restricted stock units (RSUs) dated 08/04/2025 reported as purchased at $0 and included in a post-transaction beneficial ownership total of 76,672.

Why was the Form 4 amended for the STRZ insider filing?

The amendment corrects the share amount calculation; the initial filing used the July 31, 2025 closing price but the corrected amount is based on the August 4, 2025 closing price.

What are the vesting schedules for the RSUs disclosed by Alison Hoffman?

The filing lists: 21,843 RSUs vesting July 3, 2026; 41,298 RSUs vesting in two equal annual installments on July 1, 2026 and 2027; and 13,457 RSUs vesting in three equal installments on August 4, 2026, 2027 and 2028.

How many total share-equivalents does Alison Hoffman beneficially own after the reported transaction?

The Form 4/A shows a post-transaction beneficial ownership total of 76,672 common shares/RSU equivalents.

What title does the reporting person hold at STRZ?

The reporting person, Alison Hoffman, is listed as President of Starz Networks.