STARZ (STRZ) EVP Jason Wyrick reports 1,153-share tax withholding event
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARZ ENTERTAINMENT CORP /CN/ executive Jason Wyrick had 1,153 common shares withheld by the company to cover tax obligations on recently vested restricted share units. This Form 4 shows a tax-withholding disposition at $28.99 per share, not an open-market sale, and he continues to hold 24,801 common shares directly.
Footnotes indicate additional equity awards outstanding, including 4,543 RSUs scheduled to vest on July 1, 2027, 4,647 RSUs vesting in three equal annual installments starting August 4, 2026, and 6,338 RSUs vesting in three equal installments beginning May 13, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wyrick Jason
Role
EVP, Technology
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 1,153 | $28.99 | $33K |
Holdings After Transaction:
Common Shares — 24,801 shares (Direct, null)
Footnotes (1)
- Represents common shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting of previously granted restricted share units ("RSUs"). Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 4,543 RSUs scheduled to vest on July 1, 2027; (ii) 4,647 RSUs scheduled to vest in three equal annual installments on August 4, 2026, 2027 and 2028; and (iii) 6,338 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
Key Figures
Tax-withheld shares: 1,153 shares
Withholding share price: $28.99 per share
Shares held after transaction: 24,801 shares
+3 more
6 metrics
Tax-withheld shares
1,153 shares
Common shares withheld for tax obligations on vesting
Withholding share price
$28.99 per share
Valuation used for tax-withholding disposition
Shares held after transaction
24,801 shares
Direct common share ownership after withholding
RSUs vesting July 1, 2027
4,543 RSUs
Equity award payable in common shares upon vesting
RSUs vesting annually from Aug 4, 2026
4,647 RSUs
Three equal annual installments in 2026, 2027, 2028
RSUs vesting from May 13, 2027
6,338 RSUs
Three equal installments in 2027, 2028, 2029
Key Terms
restricted share units ("RSUs"), tax withholding obligations, vesting, equal annual installments
4 terms
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
vesting financial
"scheduled to vest on July 1, 2027; (ii) 4,647 RSUs scheduled to vest"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
equal annual installments financial
"scheduled to vest in three equal annual installments on August 4, 2026, 2027 and 2028"
FAQ
What insider transaction did STRZ executive Jason Wyrick report on this Form 4?
Jason Wyrick reported a tax-withholding disposition of 1,153 STARZ ENTERTAINMENT CORP common shares. The shares were withheld by the issuer to satisfy tax obligations triggered when previously granted restricted share units vested into common shares.
What future RSU vesting does Jason Wyrick have from STARZ (STRZ)?
Footnotes show 4,543 RSUs vesting on July 1, 2027, 4,647 RSUs vesting in three annual installments starting August 4, 2026, and 6,338 RSUs vesting in three installments beginning May 13, 2027, all payable in STARZ common shares.
What role does Jason Wyrick hold at STARZ ENTERTAINMENT CORP (STRZ)?
Jason Wyrick is an officer of STARZ ENTERTAINMENT CORP, serving as Executive Vice President, Technology. His Form 4 filing reflects equity compensation activity and related tax-withholding rather than discretionary open-market trading in the company’s stock.