Form 4: STARZ Executive Audrey Lee Settles Vested RSUs for Cash

Audrey Lee, Executive Vice President, General Counsel, and Secretary of STARZ Entertainment Corp., settled 5,598 vested restricted share units for cash at $15.41 per unit.

Summary

• Audrey Lee, Executive Vice President, General Counsel, and Secretary of STARZ Entertainment Corp., settled 5,598 restricted share units (RSUs) for cash.
• The settlement occurred on July 28, 2025, following the vesting of the RSUs on July 27, 2025 (a non-business day).
• Each RSU was settled for $15.41, based on the closing price of STARZ common stock on July 25, 2025, the prior business day.
• Following this transaction, Audrey Lee beneficially owns 24,063 RSUs.
• The remaining beneficially owned RSUs include 7,071 units scheduled to vest on July 3, 2026, and 13,770 units scheduled to vest in two equal annual installments on July 1, 2026, and July 1, 2027.

Sentiment

Score: 5

Explanation: The filing reports a routine executive compensation event (cash settlement of vested RSUs) and does not contain information that would significantly alter the company's financial or operational outlook, thus indicating a neutral sentiment.

Positives

• Represents a routine executive compensation event, indicating the company is fulfilling its equity compensation obligations.

Negatives

• No direct negative implications; represents a routine cash settlement of vested equity compensation.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an executive's equity compensation settlement and does not provide broader industry context or trends.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine executive compensation event involving the cash settlement of vested equity, not a sale of open market shares or a significant change in ownership structure.

Next Steps

• 7,071 restricted share units are scheduled to vest on July 3, 2026.
• 13,770 restricted share units are scheduled to vest in two equal annual installments on July 1, 2026, and July 1, 2027.

Key Dates

Keywords

STARZ Entertainment Corp, STRZ, Audrey Lee, Form 4, SEC filing, insider transaction, restricted share units, RSU, executive compensation, cash settlement