Starz (STRZ) Director Harry Sloan Buys 15,796 Shares in Aug 2025
Rhea-AI Filing Summary
Harry Sloan, a director of Starz Entertainment Corp. (STRZ), reported purchases of common shares over three days in August 2025. On 08/19/2025 he purchased 6,614 shares at a weighted price noted as $12.55 (paid in two transactions at $12.35 and $12.57). On 08/20/2025 he bought 1,082 shares at $12.71. On 08/21/2025 he bought 8,100 shares at $12.98. Following these purchases his beneficial ownership increased to 42,260 shares. The holding total includes restricted stock units (118 RSUs vesting 09/13/2025 and 1,359 RSUs vesting 11/29/2025). The Form was signed by Audrey Lee by power of attorney for Mr. Sloan on 08/21/2025.
Positive
- Director increased ownership by 15,796 shares through purchases on 08/19–08/21/2025
- Post-transaction beneficial ownership reported at 42,260 shares, providing clear disclosure
- RSU details disclosed including 118 RSUs vesting 09/13/2025 and 1,359 RSUs vesting 11/29/2025
Negative
- None.
Insights
TL;DR: Director bought 15,796 shares over three days, raising beneficial ownership to 42,260 shares; transactions recorded at ~$12.35–$12.98.
These filings show a director-initiated accumulation of common shares across 08/19–08/21/2025 totaling 15,796 shares. Prices reported span $12.35 to $12.98 with an aggregated noted price points of $12.55, $12.71 and $12.98. The total post-transaction beneficial ownership is 42,260 shares and includes unvested RSUs scheduled to vest in September and November 2025. For investors, this is a clear insider purchase signal but the filing contains no information about percentage ownership or company market capitalization to assess materiality.
TL;DR: Form 4 properly discloses purchases and RSU holdings; signature via power of attorney is noted and dated.
The submission identifies the reporting person as a director and indicates individual filing. It discloses the separate transaction dates, prices, and resulting beneficial ownership counts, and includes explanatory footnotes about multiple price points and RSU vesting dates. The filing was executed by an attorney-in-fact, with a dated signature. No amendments or other governance actions are reported.