Starz Entertainment Corp officer Scott D. Macdonald reported acquiring 5,000 common shares in an open-market purchase at $20.59 per share through his revocable trust, and receiving a grant of 12,185 restricted stock units with no purchase price. Following these transactions, he holds 65,676 common shares directly, including multiple RSU awards scheduled to vest between 2026 and 2029, and 18,757 common shares indirectly through the trust.
STARZ ENTERTAINMENT CORP /CN/ submitted a Form 144 notice for the sale of 13,661 shares of Common Stock on 05/14/2026, arising from the exercise of employee stock options. The transaction is described as a broker-assisted cashless sale through Merrill Lynch, with an aggregate value of $292,639.87. The filing lists 16,789,365 shares outstanding with a NASDAQ listing noted.
Starz Entertainment Corp. reported a Schedule 13G/A amendment from Capital Research Global Investors stating 0 shares beneficially owned, representing 0.0% of the class. The filing lists the firm's address and CUSIP 855919106 and was signed by a Capital Research vice president on 05/11/2026.
Starz Entertainment President and CEO Jeffrey Hirsch reported an open-market purchase of 10,000 common shares at a weighted average price of $20.72 per share through the Jeffrey A. Hirsch Revocable Trust. These trades occurred in multiple transactions between $20.29 and $21.28 per share. Following the purchase, the trust holds 55,000 shares indirectly. Separately, Hirsch reports 407,219 shares held directly, which include several blocks of restricted share units scheduled to vest between 2026 and 2029.
STARZ Entertainment Corp. reports proposed insider transactions including multiple equity award vestings and a broker-assisted cashless exercise/sale of 3,622 shares on 05/08/2026. The filing lists several restricted stock unit and performance share unit vestings dated July 2024 with grants of 767, 528, 486, 955, and 485 shares.
STARZ ENTERTAINMENT CORP /CN/ files an Amendment No. 1 to a Schedule 13G/A reporting that Bank of Montreal and affiliated entities report Amount beneficially owned: 0 and Percent of class: 0%.
The filing lists four reporting persons — Bank of Montreal, BMO Financial Corp., BMO Capital Markets Corp., and BMO Family Office, LLC — and shows voting power entries (each parent entity reports 100 sole voting power in the form fields shown). The filing is signed by Kathryn Cenac and notes validation comments on initial submission.
Starz Entertainment Corp. reported first-quarter 2026 results with an operating loss of $(152.8) million and revenue of $306.9 million, down from $330.6 million a year earlier. Net loss from continuing operations was $(164.9) million, or $(9.83) per share.
Despite the loss, the company generated positive cash flow. Net cash provided by operating activities was $73.2 million, compared with a use of cash in the prior-year quarter. Unlevered free cash flow reached $80.7 million and equity free cash flow was $68.7 million, supported by lower cash paid for programming content.
Starz ended March 31, 2026 with cash and cash equivalents of $102.1 million and total debt of $625.1 million, resulting in net debt of $523.0 million and an Adjusted OIBDA leverage ratio of 3.1x. Adjusted OIBDA was $58.0 million, and management accelerated its outlook for achieving a 20% Adjusted OIBDA margin to the second half of 2027 while reiterating all 2026 outlook targets.
Starz Entertainment Corp. ownership disclosure: CastleKnight Master Fund LP and affiliated CastleKnight entities and Weitman-related filers report shared beneficial ownership of 1,130,109 common shares representing 6.7% of the class as of 04/10/2026. The filing is a joint Schedule 13G listing CastleKnight and related entities (including Aaron Weitman) as reporting persons and includes a Joint Filing Agreement and a control-person exhibit.
Starz Entertainment Corp. reported that Executive Vice President and General Counsel Audrey Lee will retire effective May 1, 2026, and will remain available for transition consultations through May 31, 2026.
Under a Separation Letter, Ms. Lee will receive a lump-sum cash payment equal to 18 months of base salary totaling $1,226,077.36, plus an additional lump-sum equal to 70% of that amount, or $858,254.15. She will also receive payment of COBRA health insurance premiums for up to 18 months after retirement, subject to COBRA coverage limits, and accelerated vesting of her outstanding equity awards. The agreement confirms that her departure qualifies for severance under her existing 2022 severance arrangement and that she will not participate in the Company’s 2026 equity grant cycle.