Starz Entertainment (STRZ) CEO reports 40,862-share RSU settlement and tax withholdings
Rhea-AI Filing Summary
Starz Entertainment Corp President and CEO Jeffrey Hirsch reported equity compensation activity on August 4, 2026. He received 40,862 common shares upon settlement of previously granted performance-based restricted share units, while 9,804 and 19,533 shares were withheld by the issuer at $26.05 per share to satisfy tax withholding obligations on those settlements. A revocable trust associated with Hirsch holds 55,000 common shares. Footnotes also describe unvested RSU awards of 44,577, 41,008, 192,012 and 112,146 units scheduled to vest between 2027 and 2029.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 11,525 shares
Net Buy
4 txns
Insider
Hirsch Jeffrey
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1, F2 | 9,804 | $26.05 | $255K |
| Grant/Award | Common Shares F3, F2 | 40,862 | $0.00 | $0.00 |
| Tax Withholding | Common Shares F4, F2 | 19,533 | $26.05 | $509K |
| holding | Common Shares F5 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 491,111 shares (Direct);
Common Shares — 55,000 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) 44,577 RSUs scheduled to vest on July 1, 2027; (ii) 41,008 RSUs scheduled to vest in two equal installments on August 4, 2027 and 2028; (iii) 192,012 RSUs scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029; and (iv) 112,146 RSUs scheduled to vest in two equal installments on December 31, 2027 and 2028.
- 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 Jeffrey A. Hirsch Revocable Trust.
Key Figures
Shares issued from performance-based RSUs: 40862.0000 common shares
Shares withheld for taxes on RSU settlement: 9804.0000 common shares
Additional shares withheld for taxes on performance RSUs: 19533.0000 common shares
+5 more
8 metrics
Shares issued from performance-based RSUs
40862.0000 common shares
Common shares issued to Jeffrey Hirsch on August 4, 2026 upon settlement of performance-based restricted share units
Shares withheld for taxes on RSU settlement
9804.0000 common shares
Common shares withheld by the issuer to satisfy tax withholding obligations on RSU settlement at $26.0500 per share
Additional shares withheld for taxes on performance RSUs
19533.0000 common shares
Common shares withheld by the issuer to satisfy tax withholding obligations on performance-based RSU settlement at $26.0500 per share
Implied tax withholding price
$26.0500 per share
Per-share value used for shares withheld to cover tax obligations on August 4, 2026
Revocable trust holdings
55000.0000 common shares
Common shares held indirectly by the Jeffrey A. Hirsch Revocable Trust
Unvested RSUs vesting July 1, 2027
44,577 RSUs
RSUs scheduled to vest on July 1, 2027, payable in an equal number of common shares
Unvested RSUs vesting August 4, 2027 and 2028
41,008 RSUs
RSUs scheduled to vest in two equal installments on August 4, 2027 and August 4, 2028
Unvested RSUs vesting March 4, 2027–2029
192,012 RSUs
RSUs scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029
Key Terms
restricted share units, performance-based restricted share units, tax withholding obligations, Revocable Trust
4 terms
tax withholding obligations financial
"withheld by the Issuer to satisfy applicable tax withholding obligations upon the settlement"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What unvested Starz (STRZ) RSUs are outstanding for Jeffrey Hirsch?
Footnotes list unvested RSUs payable in Starz common shares: 44,577 RSUs vesting July 1, 2027; 41,008 RSUs vesting in two installments in 2027 and 2028; 192,012 RSUs vesting over 2027–2029; and 112,146 RSUs vesting over 2027–2028.