STARZ (STRZ) CEO Hirsch reports 23,866-share tax withholding, holds 422K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARZ Entertainment Corp director and CEO Jeffrey Hirsch reported routine equity compensation-related activity. The company withheld 23,866 common shares at $28.99 per share to cover tax obligations when previously granted restricted share units vested. After this withholding, Hirsch directly holds 367,440 common shares and indirectly holds 55,000 common shares through the Jeffrey A. Hirsch Revocable Trust, alongside substantial unvested RSUs scheduled to settle into shares over the next several years.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hirsch Jeffrey
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 23,866 | $28.99 | $692K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 367,440 shares (Direct, null);
Common Shares — 55,000 shares (Indirect, By Revocable Trust)
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) 44,577 RSUs scheduled to vest on July 1, 2027; (ii) 61,517 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iii) 192,012 RSUs scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029. Held by the Jeffrey A. Hirsch Revocable Trust.
Key Figures
Tax-withheld shares: 23,866 shares
Withholding price: $28.99 per share
Direct holdings after transaction: 367,440 shares
+4 more
7 metrics
Tax-withheld shares
23,866 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding price
$28.99 per share
Price for 23,866 common shares withheld
Direct holdings after transaction
367,440 shares
Common shares held directly by Jeffrey Hirsch after withholding
Indirect holdings via trust
55,000 shares
Common shares held by the Jeffrey A. Hirsch Revocable Trust
RSUs vesting July 1, 2027
44,577 RSUs
Restricted share units scheduled to vest on July 1, 2027
RSUs vesting from August 4, 2026
61,517 RSUs
RSUs vesting in three equal installments on Aug 4, 2026–2028
RSUs vesting from March 4, 2027
192,012 RSUs
RSUs vesting in three equal installments on Mar 4, 2027–2029
Key Terms
restricted share units ("RSUs"), tax withholding obligations, Revocable Trust, Form 4
4 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 ("RSUs")."
Revocable Trust financial
"Held by the Jeffrey A. Hirsch Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
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.
FAQ
What insider transaction did STRZ President and CEO Jeffrey Hirsch report?
Jeffrey Hirsch reported a tax-related share disposition, where 23,866 STARZ common shares were withheld to satisfy tax obligations on vesting restricted share units. This was a compensation-driven event, not an open-market stock sale or purchase.