Form 4: Starz CEO Adds 15,000 Shares; RSU Vesting Details Included
Rhea-AI Filing Summary
Jeffrey A. Hirsch, President and Chief Executive Officer of Starz Entertainment Corp. (STRZ), reported an open-market purchase of common shares on 08/19/2025. The filing shows a purchase of 15,000 common shares at prices ranging from $12.69 to $12.87 per share (reported average $12.78). After the transaction, Hirsch beneficially owns 168,690 shares, which includes 49,928 restricted stock units scheduled to vest on July 3, 2026 and 89,154 RSUs scheduled to vest in two equal installments on July 1, 2026 and July 1, 2027. The Form 4 is signed on behalf of Hirsch by Audrey Lee.
Positive
- Open-market purchase disclosed: Reporting person acquired 15,000 common shares on 08/19/2025 at prices between $12.69 and $12.87.
- Post-transaction ownership reported: Total beneficial ownership shown as 168,690 shares, including specifically itemized RSUs with vesting dates.
Negative
- None.
Insights
TL;DR: CEO purchased 15,000 shares at ~$12.78, increasing direct beneficial ownership to 168,690 shares.
The Form 4 discloses a straightforward open-market purchase by Jeffrey A. Hirsch on 08/19/2025 totaling 15,000 common shares acquired at prices within a $12.69 to $12.87 range. The filing clarifies beneficial ownership after the trades and details outstanding RSUs with explicit vesting dates and amounts. This is a routine insider transaction disclosure that updates investors on the CEO's stake and the schedule of equity awards that remain unvested.
TL;DR: Disclosure is complete for the reported transactions and RSU vesting schedule; no amendments or contingencies noted.
The Form 4 includes required information: reporting person identity, relationship to issuer (Director and Officer), transaction date, transaction code, number of shares acquired, price range, post-transaction beneficial ownership, and explanatory footnotes about RSUs. The signature block indicates the filing was executed by power of attorney. All material fields in the form are populated, enabling stakeholders to verify insider holdings and award vesting timelines.