STARZ ENTERTAINMENT CORP /CN/·4

Mar 6, 4:42 PM ET

Liberty 77 Fund L.P. 4

4 · STARZ ENTERTAINMENT CORP /CN/ · Filed Mar 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Starz (STRZ) 10% Owner Liberty 77 Capital Sells 1.80M Shares

What Happened
Liberty 77 Capital L.P., a reported 10% owner of Starz Entertainment Corp (STRZ), sold 1,803,786 shares on March 6, 2026 at $13.86 per share, generating proceeds of $24,999,933. The transaction is reported as an open market or private sale (code S). This is a sale (not a purchase) and therefore generally not a bullish signal; it is a sizable disposition by an institutional holder.

Key Details

  • Transaction date: 2026-03-06; Price: $13.86; Shares sold: 1,803,786; Proceeds: $24,999,933.
  • Transaction type: Sale (S) — open market or private sale.
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Report filed on 2026-03-06 (same date as transaction), which appears timely.
  • Notable footnotes:
    • The sold securities were held by Liberty 77 Fund L.P. and Liberty 77 Fund International L.P.; Liberty 77 Capital L.P. is the funds’ investment manager and is controlled through a chain of entities ultimately linked to STM Partners LLC. Steven T. Mnuchin is the president of STM Partners LLC. (F1)
    • Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest. (F2)

Context

  • This filing involves a 10% institutional owner (not an individual executive). Institutional sales can reflect portfolio management rather than an executive view on the stock.
  • No derivatives/exercises or gifts are involved—this was a straightforward disposition of common shares.
  • The filing does not state remaining holdings or intent; it records the transaction for regulatory transparency only.

Insider Transaction Report

Form 4Exit
Period: 2026-03-06
Transactions
  • Sale

    Common Shares

    [F1][F2]
    2026-03-06$13.86/sh1,803,786$24,999,9330 total(indirect: See footnotes)
Footnotes (2)
  • [F1]The securities included herein were held by Liberty 77 Fund L.P., a Cayman Islands exempted limited partnership, and Liberty 77 Fund International L.P., a Cayman Islands exempted limited partnership (together with Liberty 77 Fund L.P., the "Liberty Funds"). Liberty 77 Capital L.P. (the "Liberty Manager"), a Delaware limited partnership, is the investment manager of the Liberty Funds. Liberty 77 Capital Partners L.P. (the "Liberty Manager GP"), a Delaware limited partnership, is the general partner of the Liberty Manager. Liberty Capital L.L.C., a Delaware limited liability company, is the general partner of the Liberty Manager GP. STM Partners LLC, a Delaware limited liability company, indirectly controls the Liberty Manager and the general partner of the Liberty Funds. Steven T. Mnuchin is the president of STM Partners LLC.
  • [F2]Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Signature
/s/ See Signatures Included in Exhibit 99.1|2026-03-06

Documents

2 files