Starz Entertainment (STRZ) director discloses sale of 94,166 shares

Rhea-AI Filing Summary

Starz Entertainment Corp. director Michael Raymond Burns reported selling a total of 94,166 common shares in December 2025. On December 9, 2025, he sold 30,000 shares at $10.68 per share, with individual trades ranging from $10.56 to $10.89. On December 10, 2025, he sold 61,778 shares at $11.38 per share (with trades from $10.74 to $11.72) and 2,388 shares at $11.76 per share (with trades from $11.75 to $11.78).

After these transactions, Burns beneficially owns 77,769 Starz Entertainment common shares directly.

Insider Trade Summary

Net Seller: 94,166 shares ($1,051,517)

Net Sell 3 txns

Insider BURNS MICHAEL RAYMOND

Role Director

Sold 94,166 shs ($1.05M)

Type	Security	Shares	Price	Value
Sale	Common Shares, no par value	61,778	$11.38	$703K
Sale	Common Shares, no par value	2,388	$11.76	$28K
Sale	Common Shares, no par value	30,000	$10.68	$320K

Holdings After Transaction: Common Shares, no par value — 80,157 shares (Direct)

Footnotes (1)

1. These shares were sold in multiple transactions at prices ranging from $10.56 to $10.89 per share, inclusive. 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 sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $10.74 to $11.72 per share, inclusive. 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 sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $11.75 to $11.78 per share, inclusive. 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 sold at each separate price within the range set forth in this footnote.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BURNS MICHAEL RAYMOND

(Last) (First) (Middle)

C/O STARZ ENTERTAINMENT CORP.

1647 STEWART STREET

(Street)

SANTA MONICA CA 90404

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STARZ ENTERTAINMENT CORP /CN/ [ STRZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, no par value	12/09/2025		S		30,000	D	$10.68(1)	141,935	D
Common Shares, no par value	12/10/2025		S		61,778	D	$11.38(2)	80,157	D
Common Shares, no par value	12/10/2025		S		2,388	D	$11.76(3)	77,769	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were sold in multiple transactions at prices ranging from $10.56 to $10.89 per share, inclusive. 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 sold at each separate price within the range set forth in this footnote.

2. These shares were sold in multiple transactions at prices ranging from $10.74 to $11.72 per share, inclusive. 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 sold at each separate price within the range set forth in this footnote.

3. These shares were sold in multiple transactions at prices ranging from $11.75 to $11.78 per share, inclusive. 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 sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Audrey Lee, by power of atty., for Michael Raymond Burns	12/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider stock transaction did Starz Entertainment Corp. (STRZ) report?

A director of Starz Entertainment Corp., Michael Raymond Burns, reported selling a total of 94,166 common shares in December 2025.

On what dates did the Starz Entertainment (STRZ) director sell shares?

Michael Raymond Burns reported selling Starz Entertainment common shares on December 9, 2025 and December 10, 2025.

At what prices were the Starz Entertainment (STRZ) shares sold?

Reported sales were at prices of $10.68, $11.38 and $11.76 per share, with trade ranges of $10.56–$10.89, $10.74–$11.72, and $11.75–$11.78 respectively.

How many Starz Entertainment (STRZ) shares does the director own after the sales?

Following the reported transactions, Michael Raymond Burns beneficially owns 77,769 Starz Entertainment common shares directly.

What is the director’s relationship to Starz Entertainment Corp. (STRZ)?

The reporting person, Michael Raymond Burns, is listed as a Director of Starz Entertainment Corp.

Were the Starz Entertainment (STRZ) share sales executed in multiple transactions?

Yes. Each reported line of sales was completed in multiple transactions within stated price ranges on the relevant dates.