Starz director granted 13,476 common shares
Director Michael Raymond Burns received STARZ common shares from the vesting of performance-based awards, increasing his direct holdings.
Rhea-AI Filing Summary
STARZ ENTERTAINMENT CORP (STRZ) reported that director Michael Raymond Burns acquired 13,476 common shares on September 14, 2026 through a grant or award. The shares were issued at no cash cost upon settlement of previously granted performance-based restricted share units after achievement of the applicable performance criteria, bringing his directly held stake to 91,245 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 13,476 shares
Grant/Award
1 txn
Insider
BURNS MICHAEL RAYMOND
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 13,476 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 91,245 shares (Direct)
Footnotes (1)
- F1. Represents common shares issued upon settlement of previously granted performance-based restricted share units following achievement of the applicable performance criteria.
Key Figures
Shares acquired: 13,476 shares
Price per share: $0.00 per share
Shares owned after transaction: 91,245 shares
3 metrics
Shares acquired
13,476 shares
Common shares granted to Michael Raymond Burns on September 14, 2026
Price per share
$0.00 per share
Reported for the 13,476-share grant/award
Shares owned after transaction
91,245 shares
Direct common share holdings of Michael Raymond Burns following the award
Key Terms
performance-based restricted share units, settlement, grant, award, or other acquisition
3 terms
settlement financial
"common shares issued upon settlement of previously granted performance-based"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
grant, award, or other acquisition financial
"transaction code described as Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did STRZ report for Michael Raymond Burns?
STARZ reported that director Michael Raymond Burns acquired 13,476 common shares on September 14, 2026 through a grant or award, issued upon settlement of previously granted performance-based restricted share units after meeting the performance criteria.
Was the STRZ insider transaction made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, and no footnote states that the September 14, 2026 award was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.