Starz (STRZ) executive reports 10,441-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARZ Entertainment Corp executive Alison Hoffman reported a tax-related share disposition tied to vesting equity awards. The company withheld 10,441 common shares at $28.99 per share to cover tax obligations on previously granted restricted share units. After this withholding, she directly holds 77,211 common shares, plus RSUs that may convert into additional shares as they vest over future dates.
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 | 10,441 | $28.99 | $303K |
Holdings After Transaction:
Common Shares — 77,211 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) 20,649 RSUs scheduled to vest on July 1, 2027; (ii) 13,457 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iii) 17,821 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
Key Figures
Tax-withheld shares: 10,441 shares
Withholding price: $28.99/share
Shares held after transaction: 77,211 shares
+3 more
6 metrics
Tax-withheld shares
10,441 shares
Common shares withheld to satisfy tax obligations on RSU vesting
Withholding price
$28.99/share
Value per common share withheld for tax obligations
Shares held after transaction
77,211 shares
Direct common shares held by Alison Hoffman following withholding
RSUs vesting July 1, 2027
20,649 RSUs
RSUs payable in an equal number of STARZ common shares
RSUs vesting Aug 4, 2026–2028
13,457 RSUs
RSUs vesting in three equal installments on August 4, 2026, 2027 and 2028
RSUs vesting May 13, 2027–2029
17,821 RSUs
RSUs vesting in three equal installments on May 13, 2027, 2028 and 2029
Key Terms
restricted share units ("RSUs"), tax withholding obligations, vest, Form 4
4 terms
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations upon the vesting"
vest financial
"scheduled to vest on July 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"The Form 4 shows a tax-withholding transaction"
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 executive Alison Hoffman report?
Alison Hoffman reported a tax-withholding disposition of 10,441 STARZ common shares. The shares were withheld by the company to cover taxes due when her restricted share units vested.
What RSU awards does Alison Hoffman have from STRZ?
Her holdings include RSUs that convert into STARZ shares upon vesting: 20,649 RSUs vesting on July 1, 2027, 13,457 RSUs vesting in three installments from August 4, 2026–2028, and 17,821 RSUs vesting May 13, 2027–2029.