Form 4: Starz Networks President Alison Hoffman Reports RSU Cash Settlements

Alison Hoffman, President of Starz Networks, reported the cash settlement of restricted stock units totaling 42,494 shares on July 1 and July 3, 2025, while retaining significant RSU holdings.

Summary

• Alison Hoffman, President of Starz Networks, reported two cash settlements of Restricted Stock Units (RSUs).
• On July 1, 2025, 20,650 RSUs were settled in cash at a price of $16.07 per RSU.
• On July 3, 2025, an additional 21,844 RSUs were settled in cash at a price of $15.82 per RSU.
• Following these transactions, Hoffman beneficially owns 76,141 common shares, which includes various tranches of unvested RSUs.
• Remaining unvested RSUs include 13,000 units scheduled to vest on July 27, 2025; 21,843 units scheduled to vest on July 3, 2026; and 41,298 units scheduled to vest in two equal annual installments on July 1, 2026, and July 1, 2027.

Sentiment

Score: 5

Explanation: Neutral. A Form 4 reports routine insider transactions (RSU settlements) and does not inherently convey positive or negative sentiment about the company's performance or outlook.

Future Outlook

This document details insider equity transactions and future RSU vesting schedules, but does not provide a future outlook or guidance for the company's operations or financial performance.

Industry Context

This Form 4 filing is a routine disclosure of insider equity transactions, specifically the cash settlement of restricted stock units, which is a common component of executive compensation within the media and entertainment industry. It does not provide broader industry context or trends.

Comparison to Industry Standards

• This document is a standard insider transaction report and does not contain information that allows for a direct comparison of company performance or financial results against industry benchmarks or specific comparable companies/projects. The RSU settlement prices reflect the stock price at the time of vesting, which is influenced by market conditions and company-specific performance relative to peers in the media and entertainment sector.

Related Party Transactions

• The reported RSU settlements represent compensation-related transactions between an officer (Alison Hoffman) and the company, which are standard and disclosed as part of executive compensation.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider equity holdings and compensation. The cash settlement of RSUs, as opposed to stock settlement, implies a minor reduction in potential future share dilution.
• Employees: Reflects standard equity compensation practices for executives within the company.

Next Steps

• 13,000 restricted stock units (RSUs) are scheduled to vest on July 27, 2025.
• 21,843 restricted stock units (RSUs) are scheduled to vest on July 3, 2026.
• 41,298 restricted stock units (RSUs) are scheduled to vest in two equal annual installments on July 1, 2026, and July 1, 2027.

Key Dates

Keywords

STARZ ENTERTAINMENT CORP, STRZ, Alison Hoffman, Form 4, SEC filing, insider transaction, restricted stock units, RSU settlement, beneficial ownership, corporate officer, equity compensation