Starz CEO buys 10,000 shares via trust
Starz Entertainment President and CEO Jeffrey Hirsch reported an open-market purchase of 10,000 common shares at a weighted average price of $20.72 per share through the Jeffrey A. Hirsch Revocable Trust.
Rhea-AI Filing Summary
Starz Entertainment President and CEO Jeffrey Hirsch reported an open-market purchase of 10,000 common shares at a weighted average price of $20.72 per share through the Jeffrey A. Hirsch Revocable Trust. These trades occurred in multiple transactions between $20.29 and $21.28 per share. Following the purchase, the trust holds 55,000 shares indirectly. Separately, Hirsch reports 407,219 shares held directly, which include several blocks of restricted share units scheduled to vest between 2026 and 2029.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
2 txns
Insider
Hirsch Jeffrey
Role
President and CEO
Bought
10,000 shs ($207K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 10,000 | $20.72 | $207K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 55,000 shares (Indirect, By Revocable Trust);
Common Shares — 407,219 shares (Direct)
Footnotes (3)
- F1. These shares were purchased in multiple transactions at prices ranging from $20.29 to $21.28 per share, inclusive. The price reported is a weighted average price. 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 at each separate price within the range set forth in this footnote.
- F2. Held by the Jeffrey A. Hirsch Revocable Trust. These shares were inadvertently reported as held directly by the Reporting Person.
- F3. Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 49,928 RSUs scheduled to vest on July 3, 2026; (ii) 89,154 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 61,517 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iv) 192,012 RSUs scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029.
Key Figures
Shares purchased: 10,000 shares
Weighted average price: $20.72 per share
Purchase price range: $20.29–$21.28 per share
+5 more
8 metrics
Shares purchased
10,000 shares
Open-market purchase by revocable trust on May 12, 2026
Weighted average price
$20.72 per share
Price for 10,000-share open-market purchase
Purchase price range
$20.29–$21.28 per share
Range of individual trade prices for bought shares
Indirect holdings after transaction
55,000 shares
Held by the Jeffrey A. Hirsch Revocable Trust
Direct reported holdings
407,219 shares
Includes multiple RSU grants scheduled to vest 2026–2029
RSUs vesting July 3, 2026
49,928 RSUs
Payable in an equal number of common shares upon vesting
RSUs vesting July 1, 2026 and 2027
89,154 RSUs
Vesting in two equal annual installments
RSUs vesting March 4, 2027–2029
192,012 RSUs
Vesting in three equal annual installments
Key Terms
open-market purchase, Revocable Trust, weighted average price, restricted share units ("RSUs"), +1 more
5 terms
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.
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.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did STRZ CEO Jeffrey Hirsch report?
Jeffrey Hirsch reported buying 10,000 Starz Entertainment common shares in an open-market transaction through his revocable trust. The filing also updates his total direct and indirect holdings, including a substantial number of restricted share units scheduled to vest over several years.
What does the STRZ Form 4 say about Jeffrey Hirsch’s direct holdings and RSUs?
The filing shows 407,219 shares reported as directly held, which includes several tranches of restricted share units. These RSUs are scheduled to vest in installments between July 2026 and March 2029, delivering an equal number of Starz common shares upon vesting.
Did the STRZ Form 4 correct any prior ownership reporting for Jeffrey Hirsch?
Yes. A footnote explains that shares now shown as held by the Jeffrey A. Hirsch Revocable Trust had previously been reported as directly owned. The Form 4 clarifies that those shares are properly attributed to the revocable trust as indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
