Starz (STRZ) officer buys 5,000 shares and receives new RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Starz Entertainment Corp officer Scott D. Macdonald reported acquiring 5,000 common shares in an open-market purchase at $20.59 per share through his revocable trust, and receiving a grant of 12,185 restricted stock units with no purchase price. Following these transactions, he holds 65,676 common shares directly, including multiple RSU awards scheduled to vest between 2026 and 2029, and 18,757 common shares indirectly through the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($102,950)
Net Buy
2 txns
Insider
MACDONALD SCOTT D
Role
SEE REMARKS
Bought
5,000 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 12,185 | $0.00 | -- |
| Purchase | Common Shares | 5,000 | $20.59 | $103K |
Holdings After Transaction:
Common Shares — 65,676 shares (Direct, null);
Common Shares — 18,757 shares (Indirect, By Revocable Trust)
Footnotes (1)
- These shares were purchased in two transactions at a price of $20.59 per share. 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 in each transaction within such transactions. Held by the Scott D. Macdonald Living Trust dated April 21, 2023. These shares were inadvertently reported as held directly by the Reporting Person. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 14,926 RSUs scheduled to vest on July 3, 2026; (ii) 29,632 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 8,933 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iv) 12,185 RSUs scheduled to vest in three equal installments on May 13 2027, 2028 and 2029. Amount includes adjusted RSUs from Form 4/A filed on August 14, 2025.
Key Figures
Open-market purchase: 5,000 shares at $20.59
RSU grant: 12,185 RSUs
Direct holdings after: 65,676 common shares
+4 more
7 metrics
Open-market purchase
5,000 shares at $20.59
Common shares bought by revocable trust
RSU grant
12,185 RSUs
Award with zero purchase price
Direct holdings after
65,676 common shares
Includes multiple RSU awards vesting 2026–2029
Indirect holdings after
18,757 common shares
Held by Scott D. Macdonald Living Trust
RSUs vesting July 3, 2026
14,926 RSUs
Payable in common shares upon vesting
Two-year RSU award
29,632 RSUs
Vest in equal annual installments in 2026 and 2027
Three-year RSU award
8,933 RSUs
Vest in three installments in 2026, 2027 and 2028
Key Terms
RSUs, revocable trust, open-market purchase, Form 4
4 terms
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.
revocable trust financial
"Held by the Scott D. Macdonald Living Trust dated April 21, 2023"
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.
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"Amount includes adjusted RSUs from Form 4/A filed on August 14, 2025"
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 transactions did STRZ officer Scott D. Macdonald report?
Scott D. Macdonald reported two transactions: an open-market purchase of 5,000 Starz common shares and a grant of 12,185 restricted stock units. The purchase occurred through his revocable trust, while the RSUs were awarded by the company at no purchase price.
What RSU awards are included in the STRZ insider’s holdings?
His direct holdings include RSUs that convert into an equal number of Starz common shares upon vesting: 14,926 RSUs vesting July 3, 2026; 29,632 RSUs vesting in 2026 and 2027; 8,933 RSUs vesting in 2026–2028; and 12,185 RSUs vesting in 2027–2029.