Form 4: Starz Entertainment Corp: Executive Scott Macdonald Reports Changes in Beneficial Ownership After Reorganization

Scott Macdonald, Chief Financial Officer and Treasurer of Starz Entertainment Corp, reports changes in beneficial ownership following the completion of a reorganization plan.

Summary

• On May 6, 2025, Scott Macdonald, Chief Financial Officer and Treasurer of Starz Entertainment Corp, filed a Form 4 to report changes in beneficial ownership.
• The changes are 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, Lions Gate Entertainment Corp. was reorganized into Lionsgate Studios Corp.
• Macdonald's Class A voting shares and Class B non-voting shares were exchanged for New Lionsgate new common shares and Issuer's common shares.
• The reported transaction involved 13,758 common shares, no par value, acquired at a price of $0.
• Following the transaction, Macdonald beneficially owns 13,758 common shares directly.

Sentiment

Score: 5

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

Industry Context

This filing reflects a corporate reorganization, a common event in the entertainment industry as companies seek to optimize their structure and strategy.

Stakeholder Impact

• Shareholders are impacted by the corporate reorganization, as their shares in Lions Gate Entertainment Corp. are exchanged for shares in New Lionsgate and Issuer's common shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Starz Entertainment Corp, Scott Macdonald, Lions Gate Entertainment Corp, Reorganization, Shares, Transaction