[Form 4] Starz Entertainment Corp. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filed 1-Aug-2025 shows Starz Entertainment Corp. (STRZ) director Hardwick Simmons received 723 restricted share units (RSUs) on 30-Jul-2025 as part of director fees. The RSUs vested immediately at $0 cost and convert one-for-one into common shares, increasing his directly held position to 34,555 STRZ shares.

The ownership figure embeds two previously granted blocks—1,105 RSUs vesting 13-Sep-2025 and 12,720 RSUs vesting 29-Nov-2025. No disposals, option exercises or derivative transactions were reported. The award is modest relative to STRZ’s float and therefore not expected to be material to valuation, yet it slightly deepens board-level alignment with shareholders.

Insights

Financial Analyst

TL;DR: Small RSU grant; negligible valuation impact; mildly positive for alignment.

The filing documents a routine equity retainer: 723 RSUs granted to director Hardwick Simmons, who now beneficially owns 34.6k shares. At an assumed share price of even $10, the incremental value (~$7k) is immaterial versus STRZ’s market cap, so market impact should be neutral. Nonetheless, insider acquisitions—especially those that vest immediately—signal continued board engagement and modest confidence in the company’s outlook. No red flags such as sales or option exercises were disclosed. Overall impact: neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SIMMONS HARDWICK

(Last) (First) (Middle)

C/O STARZ ENTERTAINMENT CORP.

1647 STEWART STREET

(Street)

SANTA MONICA CA 90404

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STARZ ENTERTAINMENT CORP /CN/ [ STRZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	07/30/2025		A		723(1)	A	$0	34,555(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Director fees paid in restricted share units ("RSUs") that immediately vested on the grant date.

2. Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 1,105 RSUs scheduled to vest on September 13, 2025 and (ii) 12,720 RSUs scheduled to vest on November 29, 2025.

Remarks:

	/s/ Audrey Lee, by power of atty., for Hardwick Simmons	08/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did STRZ director Hardwick Simmons acquire on 30-Jul-2025?

He received 723 immediately vested restricted share units (RSUs) that convert into the same number of STRZ common shares.

How many Starz Entertainment shares does Simmons own after the grant?

His beneficial ownership increased to 34,555 common shares.

Are additional RSUs scheduled to vest for Simmons?

Yes—1,105 RSUs vest on 13-Sep-2025 and 12,720 RSUs vest on 29-Nov-2025.

Does the Form 4 show any share sales or option exercises?

No. The filing reports only an RSU grant; there were no dispositions or derivative transactions.

Why is a Form 4 filing important for investors?

Form 4 provides real-time disclosure of insider trades, helping investors gauge management’s confidence and potential alignment with shareholder interests.