Starz (STRZ) executive logs tax withholding of 6,767 shares, holds 87,652
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARZ ENTERTAINMENT CORP executive Alison Hoffman, President of Starz Networks, reported a routine tax-related share disposition. On July 1, 2026, 6,767 common shares were withheld by the company at $28.86 per share to satisfy tax withholding obligations upon the vesting of previously granted restricted share units (RSUs).
After this withholding, Hoffman directly holds 87,652 common shares. Her holdings also include RSU awards that will convert into an equal number of common shares if they vest, with 21,843 RSUs scheduled to vest on July 3, 2026, 20,649 RSUs on July 1, 2027, 13,457 RSUs in three installments on August 4, 2026, 2027 and 2028, and 17,821 RSUs in three installments on May 13, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hoffman Alison
Role
President of Starz Networks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 6,767 | $28.86 | $195K |
Holdings After Transaction:
Common Shares — 87,652 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) 21,843 RSUs scheduled to vest on July 3, 2026; (ii) 20,649 RSUs scheduled to vest on July 1, 2027; (iii) 13,457 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iv) 17,821 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
Key Figures
Shares withheld for taxes: 6,767 shares
Withholding price per share: $28.86 per share
Shares held after transaction: 87,652 shares
+4 more
7 metrics
Shares withheld for taxes
6,767 shares
Common shares withheld on July 1, 2026 to satisfy tax obligations
Withholding price per share
$28.86 per share
Value used for 6,767 shares withheld for tax obligations
Shares held after transaction
87,652 shares
Direct common share holdings following tax withholding disposition
RSUs vesting July 3, 2026
21,843 RSUs
RSUs payable in an equal number of common shares upon vesting
RSUs vesting July 1, 2027
20,649 RSUs
Equity award scheduled to vest on July 1, 2027
RSUs vesting Aug 4, 2026–2028
13,457 RSUs
RSUs vesting in three equal installments on August 4, 2026–2028
RSUs vesting May 13, 2027–2029
17,821 RSUs
RSUs vesting in three equal installments on May 13, 2027–2029
Key Terms
restricted share units ("RSUs"), tax withholding obligations, vesting, payable upon vesting
4 terms
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
vesting financial
"scheduled to vest on July 3, 2026"
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.
payable upon vesting financial
"RSUs granted by the Issuer, payable upon vesting in an equal number"
FAQ
What insider transaction did STRZ executive Alison Hoffman report?
Alison Hoffman reported a tax-related share disposition. The company withheld 6,767 common shares at $28.86 per share to cover tax obligations triggered by the vesting of previously granted RSUs, rather than an open-market sale of shares.
What future RSU vesting does Alison Hoffman have at STARZ (STRZ)?
Hoffman holds RSUs that convert into common shares upon vesting: 21,843 scheduled for July 3, 2026, 20,649 for July 1, 2027, 13,457 in three installments on August 4, 2026–2028, and 17,821 in three installments on May 13, 2027–2029.
What does the Form 4 reveal about STRZ executive equity compensation?
The filing shows equity compensation structured as restricted share units. These RSUs vest on specified future dates and are payable in an equal number of common shares, with tax obligations satisfied in part through share withholding by the issuer.