Liberty 77 Fund L.P. 4

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.