STARZ (STRZ) EVP Jason Wyrick reports tax withholding as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARZ Entertainment Corp EVP of Technology Jason Wyrick reported a tax-related share disposition tied to equity compensation. On this Form 4, 1,286 common shares were withheld by the company at a price of $28.86 per share to satisfy tax obligations when previously granted restricted share units vested. After this withholding, Wyrick directly holds 25,953 common shares. He also holds additional RSUs that may settle in shares in the future, including 4,010 RSUs scheduled to vest on July 3, 2026 and 4,543 RSUs scheduled to vest on July 1, 2027, plus two multi-year RSU grants vesting annually through 2029.
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 | 1,286 | $28.86 | $37K |
Holdings After Transaction:
Common Shares — 25,953 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) 4,010 RSUs scheduled to vest on July 3, 2026; (ii) 4,543 RSUs scheduled to vest on July 1, 2027; (iii) 4,647 RSUs scheduled to vest in three equal annual installments on August 4, 2026, 2027 and 2028; and (iv) 6,338 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
Key Figures
Shares withheld for taxes: 1,286 shares
Withholding price: $28.86 per share
Shares held after transaction: 25,953 shares
+4 more
7 metrics
Shares withheld for taxes
1,286 shares
Common shares withheld to satisfy tax obligations on RSU vesting
Withholding price
$28.86 per share
Price used for 1,286 withheld common shares
Shares held after transaction
25,953 shares
Direct common share holdings after tax withholding
RSUs vesting July 3, 2026
4,010 RSUs
Restricted share units scheduled to vest on July 3, 2026
RSUs vesting July 1, 2027
4,543 RSUs
Restricted share units scheduled to vest on July 1, 2027
Three-year RSU grant
4,647 RSUs
Vesting in three equal annual installments on August 4, 2026, 2027 and 2028
Second three-year RSU grant
6,338 RSUs
Vesting in three equal installments on May 13, 2027, 2028 and 2029
Key Terms
restricted share units ("RSUs"), tax withholding obligations, vesting, Form 4, +1 more
5 terms
tax withholding obligations financial
"Represents common shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting of previously granted restricted share units"
vesting financial
"RSUs scheduled to vest on July 3, 2026; (ii) 4,543 RSUs scheduled to vest on July 1, 2027"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Executive Vice President financial
"officer_title": "EVP, Technology""
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What insider transaction did STRZ executive Jason Wyrick report on this Form 4?
Jason Wyrick reported a tax-related share disposition. The company withheld 1,286 common shares at $28.86 per share to cover tax obligations triggered by the vesting of previously granted restricted share units, rather than an open-market sale.
Was the STRZ Form 4 transaction an open-market sale or tax withholding?
The Form 4 shows a tax withholding transaction, not an open-market sale. The issuer withheld 1,286 common shares to satisfy Jason Wyrick’s tax obligations arising from the vesting of restricted share units granted as part of his compensation.
What future RSU vesting does STRZ disclose for Jason Wyrick?
The filing notes 4,010 RSUs scheduled to vest on July 3, 2026 and 4,543 RSUs on July 1, 2027. It also lists two larger grants vesting in equal annual installments through August 2028 and May 2029, respectively.
How many multi-year RSU grants does STRZ’s Jason Wyrick have outstanding?
Jason Wyrick has two multi-year RSU grants outstanding. One covers 4,647 RSUs vesting in three equal annual installments starting August 4, 2026, and another covers 6,338 RSUs vesting in three equal installments starting May 13, 2027.