Starz Entertainment (STRZ) CFO logs RSU grants and tax withholding actions
Rhea-AI Filing Summary
Starz Entertainment Corp. CFO and Treasurer Scott D. Macdonald reported equity compensation-related movements in Common Shares on August 4, 2026. He received 5,935 shares issued upon settlement of previously granted performance-based restricted share units, while 1,303 and 2,597 shares were withheld by the issuer at $26.05 per share to satisfy tax withholding obligations on RSU settlements. Macdonald also holds 18,757 shares indirectly through the Scott D. Macdonald Living Trust dated April 21, 2023, and has additional RSUs scheduled to vest in 2027–2029 in specified installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,035 shares
Net Buy
4 txns
Insider
MACDONALD SCOTT D
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1, F2 | 1,303 | $26.05 | $34K |
| Grant/Award | Common Shares F3, F2 | 5,935 | $0.00 | $0.00 |
| Tax Withholding | Common Shares F4, F2 | 2,597 | $26.05 | $68K |
| holding | Common Shares F5 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 58,030 shares (Direct);
Common Shares — 18,757 shares (Indirect, By Revocable Trust)
Footnotes (5)
- F1. Represents common shares withheld by the Issuer to satisfy applicable tax withholding obligations upon the settlement of previously granted restricted share units.
- F2. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 14,816 RSUs scheduled to vest on July 1, 2027; (ii) 5,955 RSUs scheduled to vest in two equal installments on August 4, 2027 and 2028; and (iii) 12,185 RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029.
- F3. Represents common shares issued upon the settlement of previously granted performance-based restricted share units.
- F4. Represents common shares withheld by the Issuer to satisfy applicable tax withholding obligations upon the settlement of previously granted performance-based restricted share units.
- F5. Held by the Scott D. Macdonald Living Trust dated April 21, 2023.
Key Figures
RSU Shares Issued: 5,935 Common Shares
Tax Withholding Shares (RSUs): 1,303 Common Shares
Tax Withholding Shares (Performance RSUs): 2,597 Common Shares
+5 more
8 metrics
RSU Shares Issued
5,935 Common Shares
Common shares issued upon settlement of previously granted performance-based RSUs on August 4, 2026
Tax Withholding Shares (RSUs)
1,303 Common Shares
Shares withheld by issuer to satisfy tax withholding on settlement of restricted share units at $26.05 per share
Tax Withholding Shares (Performance RSUs)
2,597 Common Shares
Shares withheld by issuer to satisfy tax withholding on settlement of performance-based restricted share units at $26.05 per share
Reference Share Price
$26.05 per share
Price used for tax withholding calculations on RSU settlements
Indirect Holdings via Trust
18,757 Common Shares
Shares held by the Scott D. Macdonald Living Trust dated April 21, 2023
RSUs Vesting July 1, 2027
14,816 RSUs
Restricted share units scheduled to vest on July 1, 2027
RSUs Vesting Aug 4, 2027 & 2028
5,955 RSUs
RSUs scheduled to vest in two equal installments on August 4, 2027 and 2028
RSUs Vesting May 13, 2027–2029
12,185 RSUs
RSUs scheduled to vest in three equal installments on May 13, 2027, 2028 and 2029
Key Terms
restricted share units, performance-based restricted share units, tax withholding obligations, Revocable Trust, +1 more
5 terms
tax withholding obligations financial
"withheld by the Issuer to satisfy applicable tax withholding obligations"
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.
vesting financial
"RSUs scheduled to vest on July 1, 2027; RSUs scheduled to vest in two equal installments"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What future RSU vesting schedule does STRZ CFO Scott D. Macdonald have?
Macdonald’s position includes RSUs payable in shares: 14,816 RSUs scheduled to vest on July 1, 2027; 5,955 RSUs vesting in two equal installments on August 4, 2027 and 2028; and 12,185 RSUs vesting in three equal installments on May 13, 2027, 2028 and 2029.
Did Scott D. Macdonald’s STRZ insider transactions use a Rule 10b5-1 trading plan?
The report indicates the Rule 10b5-1 checkbox is not marked, and the explanatory footnotes describe only RSU settlements and tax withholding. There is no statement that these equity compensation-related transactions occurred under a pre-arranged Rule 10b5-1 trading plan.