Form 4: Starz Entertainment Corp: Executive Lee Audrey Reports Changes in Beneficial Ownership After Arrangement Agreement

Following the completion of an arrangement agreement, Executive Vice President Audrey Lee reports changes in her beneficial ownership of Starz Entertainment Corp shares.

Summary

• On May 6, 2025, Audrey Lee, Executive Vice President, General Counsel, and Secretary of Starz Entertainment Corp, reported changes in her beneficial ownership of the company's shares.
• This change is a result of the transactions contemplated by the Arrangement Agreement dated January 29, 2025, and amended on March 12, 2025.
• As part of the agreement, each of LGEC's (formerly Lions Gate Entertainment Corp) Class A voting shares and Class B non-voting shares held by Lee were exchanged.
• The exchange involved New Lionsgate's new common shares and Issuer's common shares, pursuant to the Initial Share Exchange, Second Share Exchange, and Reverse Stock Split.
• Following the reported transaction, Lee directly owns 3,222 common shares of Starz Entertainment Corp.
• The transaction code 'J' indicates other acquisition or disposition.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a corporate transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing reflects the completion of a corporate restructuring or arrangement agreement, which is a common occurrence in the entertainment industry as companies seek to optimize their structure and operations.

Stakeholder Impact

• Shareholders are impacted by the corporate restructuring and the resulting changes in share ownership.
• The arrangement agreement affects the ownership structure of the company.

Key Dates

Keywords

Beneficial Ownership, Starz Entertainment Corp, Arrangement Agreement, Share Exchange, SEC Form 4, Audrey Lee