Starz Entertainment (STRZ) CEO awarded 112,146 RSUs after price target hit
Rhea-AI Filing Summary
Hirsch Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Jeffrey Hirsch, President and CEO of Starz Entertainment Corp, reported a grant of 112,146 restricted share units of common shares on July 28, 2026 under his Annual Stock Performance-Based Incentive Award, earned after a stock-price target was met on June 26, 2026. The award size was determined using the $28.98 closing price that day. Following the grant, he holds 479,586 common shares directly, including unvested RSUs vesting from 2026 to 2029, and 55,000 additional shares indirectly through the Jeffrey A. Hirsch Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 112,146 shares
Net Buy
2 txns
Insider
Hirsch Jeffrey
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1, F2 | 112,146 | $0.00 | $0.00 |
| holding | Common Shares F3 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 479,586 shares (Direct);
Common Shares — 55,000 shares (Indirect, By Revocable Trust)
Footnotes (3)
- F1. The restricted share units ("RSUs") were granted pursuant to Reporting Person's employment agreement in connection with the Annual Stock Performance-Based Incentive Award. The stock price target was achieved on June 26, 2026 ("Stock Performance-Based Incentive Award Earning Date"), and the Board of Directors subsequently determined that the Annual Stock Performance-Based Incentive Award was earned and would be denominated in shares of Issuer's common stock. The number of RSUs awarded was determined according to the terms of the Reporting Person's employment agreement using the closing price ($28.98) of Issuer's common stock on the Stock Performance-Based Incentive Award Earning Date.
- F2. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 44,577 RSUs scheduled to vest on July 1, 2027; (ii) 61,517 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; (iii) 192,012 RSUs scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029; and (iv) 112,146 RSUs scheduled to vest in two equal installments on December 31, 2027 and 2028.
- F3. Held by the Jeffrey A. Hirsch Revocable Trust.
Key Figures
RSU grant size: 112,146 units
Pricing reference for award: $28.98 per share
Direct holdings after grant: 479,586 shares
+5 more
8 metrics
RSU grant size
112,146 units
Restricted share units of common shares granted on July 28, 2026
Pricing reference for award
$28.98 per share
Closing price on June 26, 2026 used to determine RSU count
Direct holdings after grant
479,586 shares
Total Starz Entertainment common shares directly held following the transaction
Indirect holdings via trust
55,000 shares
Common shares held by the Jeffrey A. Hirsch Revocable Trust
RSUs vesting July 1, 2027
44,577 units
RSUs scheduled to vest on July 1, 2027
RSUs vesting Aug 4, 2026-2028
61,517 units
RSUs vesting in three equal installments on August 4, 2026, 2027 and 2028
RSUs vesting Mar 4, 2027-2029
192,012 units
RSUs vesting in three equal installments on March 4, 2027, 2028 and 2029
New RSUs vesting 2027-2028
112,146 units
RSUs scheduled to vest in two equal installments on December 31, 2027 and 2028
Key Terms
restricted share units, Annual Stock Performance-Based Incentive Award, Stock Performance-Based Incentive Award Earning Date, revocable trust
4 terms
Annual Stock Performance-Based Incentive Award financial
"pursuant to Reporting Person's employment agreement in connection with the Annual Stock Performance-Based Incentive Award"
Stock Performance-Based Incentive Award Earning Date financial
"The stock price target was achieved on June 26, 2026 ("Stock Performance-Based Incentive Award Earning Date")"
revocable trust financial
"Held by the Jeffrey A. Hirsch Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jeffrey Hirsch report for STRZ?
Jeffrey Hirsch reported a grant of 112,146 restricted share units of Starz Entertainment common shares on July 28, 2026 under an Annual Stock Performance-Based Incentive Award, earned after a stock-price target was achieved on June 26, 2026.
How was the size of Jeffrey Hirsch’s RSU award for STRZ determined?
The number of RSUs, 112,146 units, was determined under his employment agreement using the $28.98 closing price of Starz Entertainment’s common stock on June 26, 2026, the Stock Performance-Based Incentive Award Earning Date.
What are the key vesting dates for Jeffrey Hirsch’s STRZ RSU awards?
Key RSU tranches include 44,577 units vesting on July 1, 2027; 61,517 vesting in three installments on August 4, 2026, 2027, and 2028; and 192,012 vesting in three installments on March 4, 2027, 2028, and 2029, plus the new 112,146-unit award.
Is Jeffrey Hirsch’s STRZ equity award performance-based?
Yes. The restricted share units were granted under an Annual Stock Performance-Based Incentive Award, which was earned after a specified stock price target was achieved on June 26, 2026 and then denominated in common shares.