Form 4: STARZ CEO Jeffrey Hirsch Acquires 61,517 Shares

STARZ Entertainment CEO Jeffrey Hirsch reported the acquisition of 61,517 common shares, increasing his beneficial ownership to 260,207 shares.

Summary

• Jeffrey Hirsch, President and CEO of STARZ Entertainment Corp., reported the acquisition of 61,517 common shares on December 8, 2025.
• The shares were acquired at a price of $0, indicating they are likely part of a restricted stock unit (RSU) grant.
• This transaction was made pursuant to a Rule 10b5-1 plan, which allows insiders to set up a pre-arranged plan to buy or sell company stock.
• Following this acquisition, Mr. Hirsch beneficially owns a total of 260,207 common shares.
• The total beneficial ownership includes various RSU grants with specific vesting schedules: 49,928 RSUs vesting on July 3, 2026; 89,154 RSUs vesting in two equal annual installments on July 1, 2026 and 2027; and the newly acquired 61,517 RSUs vesting in three equal installments on August 4, 2026, 2027, and 2028.

Sentiment

Score: 7

Explanation: The acquisition of shares by the President and CEO, even if a grant, generally signals alignment of interests and confidence in the company's future. The structured nature of the RSU grants and their vesting schedule provides a long-term incentive for executive performance.

Positives

• The acquisition of 61,517 common shares by the President and CEO, Jeffrey Hirsch, increases his beneficial ownership in the company.
• This transaction, likely an RSU grant, aligns management's interests with those of shareholders, providing a long-term incentive for performance.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned and structured compensation event.

Future Outlook

The filing primarily reports an insider transaction and does not contain explicit forward-looking statements or guidance regarding company performance or strategic direction, beyond the scheduled vesting dates for restricted stock units.

Industry Context

This Form 4 filing details an insider transaction, specifically an RSU grant to the CEO. While not directly indicative of broader industry trends, such compensation structures are common across the media and entertainment industry to incentivize executive retention and performance, aligning leadership's financial interests with long-term company success.

Stakeholder Impact

• Shareholders: Increased insider ownership, particularly by the CEO, can be viewed positively as it suggests management's commitment and belief in the company's long-term prospects, potentially boosting investor confidence.
• Employees: Executive compensation, including RSU grants, can influence overall employee morale and perception of company leadership and compensation practices.

Next Steps

• Vesting of 49,928 RSUs on July 3, 2026.
• First installment vesting of 89,154 RSUs on July 1, 2026.
• First installment vesting of 61,517 RSUs on August 4, 2026.
• Second installment vesting of 89,154 RSUs on July 1, 2027.
• Second installment vesting of 61,517 RSUs on August 4, 2027.
• Third installment vesting of 61,517 RSUs on August 4, 2028.

Key Dates

Keywords

STARZ, STRZ, Jeffrey Hirsch, Form 4, Insider Transaction, Share Acquisition, CEO, Director, Restricted Stock Units, RSU Grant, 10b5-1 Plan