Starz Entertainment Insider Adds to Stake with $16.7K Share Purchase

Rhea-AI Filing Summary

Starz Entertainment Corp. (STRZ) director Emily Fine filed a Form 4 on 08/01/2025 disclosing one open-market purchase executed 07/30/2025. Fine bought 1,112 common shares at $14.99, an outlay of roughly $16.7 K, lifting her direct stake to 7,959 shares.

The filing also reports 118 and 1,358 restricted share units originating from prior board-compensation grants. These RSUs will convert into an equal number of common shares upon vesting on 09/13/2025 and 11/29/2025, respectively, and are shown as technical dispositions of derivative positions rather than market sales. No options, 10b5-1 trades, or other derivative movements were recorded.

Take-away: the cash purchase marginally increases insider ownership and may be viewed as a modest confidence signal; however the dollar amount is immaterial relative to the company’s market value and is unlikely to alter the investment thesis on its own.

Positive

• Insider buying: Director Emily Fine purchased 1,112 shares on the open market, increasing direct ownership to 7,959 shares, a modest confidence signal.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director adds $16.7 K worth of STRZ shares; sentiment positive, but scale too small for material impact.

Fine’s direct purchase at market price indicates personal conviction and aligns her interests with shareholders. Yet the transaction represents a negligible fraction of typical daily trading volume and of presumed director net worth. The two RSU lines are administrative and do not constitute sales. With no accompanying sales or hedges, the filing skews incrementally bullish but lacks the size needed to influence valuation metrics or liquidity. Overall, I view the event as neutral-to-slightly-positive for sentiment, but not impactful for fundamental analysis.

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
Estimated average burden
hours per response:			0.5

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^*

Fine Emily

(Last) (First) (Middle)

40 WEST 57TH STREET

FLOOR 24

(Street)

NEW YORK NY 10019

(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		1,112(3)	A	$14.99	7,959	D
Common Shares								118(1)	D
Common Shares								1,358(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. These are restricted share units granted by the Issuer, payable upon vesting in an equal number of Common Shares, which are scheduled to vest in one remaining equal annual installment on September 13, 2025.

2. Annual director compensation awards. These are restricted share units granted by the Issuer, payable upon vesting in an equal number of Common Shares, which are scheduled to vest in one annual installment on November 29, 2025.

3. Director fees granted in Common Shares of the Issuer.

	/s/ Emily Fine	08/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many STRZ shares did director Emily Fine purchase?

She acquired 1,112 common shares at $14.99 each on 07/30/2025.

What is Emily Fine’s total STRZ ownership after the transaction?

Following the purchase, she directly owns 7,959 shares.

Were any STRZ shares sold in this Form 4 filing?

No market sales were reported; the only activity was the purchase plus administrative RSU accounting entries.

When will the reported RSUs vest?

118 RSUs vest on 09/13/2025; 1,358 RSUs vest on 11/29/2025.

Does the filing mention a Rule 10b5-1 trading plan?

No, the Form 4 does not reference any 10b5-1 plan.