Form 4: Mignon L. Clyburn Reports Changes in Beneficial Ownership of STARZ Entertainment Corp./CN/

Director Mignon L. Clyburn reports changes in beneficial ownership of STARZ Entertainment Corp./CN/ common shares following transactions related to the Arrangement Agreement.

Summary

• On May 6, 2025, Mignon L. Clyburn, a director of STARZ Entertainment Corp./CN/, reported changes in beneficial ownership of the company's common shares.
• The changes are a result of transactions related to the Arrangement Agreement dated January 29, 2025, and amended on March 12, 2025.
• As part of the agreement, each share of Lions Gate Entertainment Corp.'s (LGEC) Class A and Class B shares held by Clyburn were exchanged for New Lionsgate's new common shares and STARZ Entertainment Corp./CN/'s common shares.
• Following the reported transaction, Clyburn directly owns 3,689 common shares of STARZ Entertainment Corp./CN/.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a corporate transaction, with neutral sentiment.

Industry Context

This filing reflects standard corporate restructuring activity, specifically the separation of Lions Gate Entertainment into two separate entities, Lionsgate Studios and STARZ.

Stakeholder Impact

• Shareholders of Lions Gate Entertainment were impacted by the exchange of shares as part of the corporate restructuring.

Key Dates

Keywords

beneficial ownership, STARZ Entertainment Corp, Mignon L. Clyburn, Form 4, director, Arrangement Agreement, Lions Gate Entertainment, New Lionsgate, common shares, transaction