STARZ (STRZ) Director Michael Burns Receives 13,476-Share Award

What Happened

• Michael Raymond Burns, a director of STARZ Entertainment Corp (STRZ), was issued 13,476 common shares on 2026-09-14. The shares were reported at $0.00 per share (award/settlement), resulting in no cash purchase—this reflects settlement of previously granted performance-based restricted share units (RSUs).

Key Details

• Transaction date: 2026-09-14; Filing date: 2026-09-15 (filed the next day).
• Transaction type/code: Award/Acquisition (A) — 13,476 shares at $0.00 per share.
• Reported value in filing: $0 (shares issued as RSU settlement).
• Shares owned after transaction: Not reported in this filing.
• Footnote: F1 — Shares were issued upon settlement of previously granted performance-based RSUs following achievement of applicable performance criteria.
• Timeliness: Filing appears timely (reported the next day); no late-filing flag in the record.

Context

• This was a settlement of performance-based RSUs (compensation), not an open-market purchase or sale. Such awards increase an insider’s holdings but typically reflect compensation tied to performance rather than a direct market view. No immediate sale or tax-withholding transaction is reported here; monitor future filings for any subsequent sales or additional disclosures.