Starz (STRZ) president sells 13,661 shares after option exercise and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARZ ENTERTAINMENT CORP executive Alison Hoffman, President of Starz Networks, reported a mix of equity awards, option exercises, and open-market sales. She exercised non-qualified stock options for 13,661 common shares at $8.39 per share and received a grant of 17,821 common shares as compensation.
On the same date, she sold 13,661 common shares in open-market transactions at prices reported between $21.27 and $23.14 per share. After these transactions, Hoffman directly owns 94,419 common shares, plus multiple RSU awards scheduled to vest between 2026 and 2029, indicating these trades represent only a portion of her overall equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,661 shares ($292,675)
Net Sell
6 txns
Insider
Hoffman Alison
Role
President of Starz Networks
Sold
13,661 shs ($293K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified stock option (right to buy) | 13,661 | $0.00 | -- |
| Exercise | Common Shares | 13,661 | $8.39 | $115K |
| Sale | Common Shares | 11,664 | $21.27 | $248K |
| Sale | Common Shares | 1,697 | $22.18 | $38K |
| Sale | Common Shares | 300 | $23.14 | $7K |
| Grant/Award | Common Shares | 17,821 | $0.00 | -- |
Holdings After Transaction:
Non-qualified stock option (right to buy) — 0 shares (Direct, null);
Common Shares — 108,080 shares (Direct, null)
Footnotes (1)
- Amount includes adjusted RSUs from Form 4/A filed on August 14, 2025. 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; (iii) 13,457 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iv) 17,821 RSUs scheduled to vest in three equal installments on May 13 2027, 2028 and 2029. These shares were purchased in multiple transactions at prices ranging from $20.89 to $21.83 per share, inclusive. The price reported is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. These shares were purchased in multiple transactions at prices ranging from $21.93 to $22.77 per share, inclusive. The price reported is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. These shares were purchased in multiple transactions at prices ranging from $23.01 to $23.20 per share, inclusive. The price reported is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Fully vested and exercisable as of the date hereof.
Key Figures
Open-market sales: 13,661 shares
Sale prices: $21.27–$23.14 per share
Options exercised: 13,661 shares at $8.39/share
+4 more
7 metrics
Open-market sales
13,661 shares
Total common shares sold across three S-code transactions
Sale prices
$21.27–$23.14 per share
Reported transaction prices for common share sales on May 14, 2026
Options exercised
13,661 shares at $8.39/share
Non-qualified stock option exercise into common shares
Share grant
17,821 common shares
Compensation-related acquisition on May 13, 2026
Direct holdings after transactions
94,419 shares
Total STARZ common shares directly owned by Hoffman post-transaction
Future RSU vesting 1
21,843 RSUs
Scheduled to vest on July 3, 2026
Future RSU vesting 2
41,298 RSUs
Vest in two equal installments on July 1, 2026 and 2027
Key Terms
Non-qualified stock option (right to buy), RSUs, weighted average price, derivative exercise/conversion, +1 more
5 terms
Non-qualified stock option (right to buy) financial
"security_title": "Non-qualified stock option (right to buy)""
RSUs financial
"Amount includes the following RSUs granted by the Issuer, payable upon vesting"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Alison Hoffman report for STRZ?
Alison Hoffman reported exercising stock options for 13,661 common shares, receiving a grant of 17,821 common shares, and selling 13,661 common shares in open-market transactions. These moves combine compensation-related equity awards with a partial sale of her STARZ ENTERTAINMENT CORP holdings.
What stock options did Alison Hoffman exercise at STARZ (STRZ)?
Hoffman exercised non-qualified stock options covering 13,661 common shares at an exercise price of $8.39 per share. These options were fully vested and exercisable as of the transaction date, converting derivative rights into actual common share ownership before related share sales.
What new equity awards did Alison Hoffman receive from STARZ (STRZ)?
She received a grant of 17,821 common shares and holds additional RSUs. These RSUs include 21,843 units vesting on July 3, 2026 and 41,298 vesting in two installments on July 1, 2026 and 2027, plus further tranches vesting through 2029.
Are Alison Hoffman’s STARZ (STRZ) transactions mainly sales or awards?
The filing shows a mix of activity: three sale transactions totaling 13,661 shares, one option exercise for 13,661 shares, and a 17,821-share grant. Overall, the pattern combines routine compensation-related equity awards with a relatively modest open-market sale of shares.