Starz Entertainment (STRZ) details RSU share settlement and tax withholding
Rhea-AI Filing Summary
Starz Entertainment Corp executive Alison Hoffman, President of Starz Networks, reported equity-compensation activity on August 4, 2026. She acquired 8940 common shares upon settlement of previously granted performance-based RSUs, while 2145 and 4274 shares were withheld at $26.0500 per share to satisfy tax obligations. Footnotes also describe RSU awards of 20,649, 8,971 and 17,821 units scheduled to vest between 2027 and 2029.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 2,521 shares
Net Buy
3 txns
Insider
Hoffman Alison
Role
President of Starz Networks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1, F2 | 2,145 | $26.05 | $56K |
| Grant/Award | Common Shares F3, F2 | 8,940 | $0.00 | $0.00 |
| Tax Withholding | Common Shares F4, F2 | 4,274 | $26.05 | $111K |
Holdings After Transaction:
Common Shares — 79,732 shares (Direct)
Footnotes (4)
- F1. Represents common shares withheld by the Issuer to satisfy applicable tax withholding obligations upon the settlement of previously granted restricted share units.
- F2. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 20,649 RSUs scheduled to vest on July 1, 2027; (ii) 8,971 RSUs scheduled to vest in two equal installments on August 4, 2027 and 2028; and (iii) 17,821 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
- F3. Represents common shares issued upon the settlement of previously granted performance-based restricted share units.
- F4. Represents common shares withheld by the Issuer to satisfy applicable tax withholding obligations upon the settlement of previously granted performance-based restricted share units.
Key Figures
Tax-withheld shares on RSU settlement: 2145 shares
Tax-withheld shares on performance-based RSUs: 4274 shares
Shares issued from performance-based RSUs: 8940 shares
+4 more
7 metrics
Tax-withheld shares on RSU settlement
2145 shares
Common shares withheld at $26.0500 per share to satisfy tax withholding obligations on RSU settlement
Tax-withheld shares on performance-based RSUs
4274 shares
Common shares withheld at $26.0500 per share to satisfy tax withholding obligations on performance-based RSU settlement
Shares issued from performance-based RSUs
8940 shares
Common shares issued upon settlement of previously granted performance-based restricted share units
RSUs vesting on July 1, 2027
20,649 RSUs
RSUs scheduled to vest on July 1, 2027, payable in an equal number of common shares
RSUs vesting August 4, 2027 and 2028
8,971 RSUs
RSUs scheduled to vest in two equal installments on August 4, 2027 and August 4, 2028
RSUs vesting May 13, 2027–2029
17,821 RSUs
RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029
Total tax-withholding shares on 2026-08-04
6419 shares
Total common shares withheld by the issuer to satisfy tax withholding obligations on reported date
Key Terms
restricted share units, performance-based restricted share units, tax withholding obligations, settlement
4 terms
tax withholding obligations financial
"withheld by the Issuer to satisfy applicable tax withholding obligations upon the settlement"
settlement financial
"common shares issued upon the settlement of previously granted performance-based restricted"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Alison Hoffman report for STRZ?
Alison Hoffman reported equity-compensation activity involving 8940 common shares acquired from performance-based RSUs and 6419 shares withheld at $26.0500 per share to cover taxes. These were issuer share settlements and tax withholdings rather than open-market purchases or sales.
What RSU awards remain outstanding for Alison Hoffman at STRZ?
Footnotes state Hoffman holds RSU awards totaling 20,649, 8,971 and 17,821 units. These RSUs are scheduled to vest on July 1, 2027; in two equal installments on August 4, 2027 and 2028; and in three equal installments on May 13, 2027, 2028 and 2029.
Were Hoffman’s STRZ transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not marked as affirming a trading plan, and the footnotes do not reference any Rule 10b5-1 arrangement. The reported equity events instead relate to RSU settlements and associated tax withholding by the issuer.
What role does Alison Hoffman hold at Starz Entertainment (STRZ)?
The reporting person, Alison Hoffman, is identified as an officer of Starz Entertainment Corp, serving as President of Starz Networks. The reported common share transactions all relate to her compensation in that officer capacity through restricted share units and performance-based RSUs.