STRZ CFO reports tax-withholding share disposition
STARZ Entertainment Corp. executive Scott D. Macdonald reported routine share movements related to equity compensation.
Rhea-AI Filing Summary
STARZ Entertainment Corp. executive Scott D. Macdonald reported routine share movements related to equity compensation. The main transaction was a disposition of 5,458 common shares at $28.99 per share, withheld by the company to cover tax obligations when previously granted restricted share units vested. After this tax-withholding event, Macdonald directly owned 55,995 common shares, and indirectly held 18,757 common shares through the Scott D. Macdonald Living Trust. The filing also notes additional restricted share units scheduled to vest over several future dates, which will convert into common shares as they vest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 5,458 | $28.99 | $158K |
| holding | Common Shares | -- | -- | -- |
Footnotes (3)
- F1. Represents common shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting of previously granted restricted share units ("RSUs").
- F2. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 14,816 RSUs scheduled to vest on July 1, 2027; (ii) 8,933 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iii) 12,185 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
- F3. Held by the Scott D. Macdonald Living Trust dated April 21, 2023.
Key Figures
Key Terms
RSUs financial
tax withholding obligations financial
Living Trust financial
Revocable Trust financial
FAQ
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What insider transaction did STRZ executive Scott D. Macdonald report?
Was the STRZ insider transaction an open-market sale or a tax withholding?
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