MACDONALD SCOTT D 4
4 · STARZ ENTERTAINMENT CORP /CN/ · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
STRZ Insider Scott D. Macdonald Buys 5,000 Shares; Receives 12,185 RSUs
What Happened
Scott D. Macdonald (reported as an insider) made two transactions in mid‑May 2026: an open‑market purchase of 5,000 shares of Starz Entertainment Corp. (STRZ) on May 12, 2026 at $20.59 per share for a total of $102,950, and an award/grant on May 13, 2026 of 12,185 restricted stock units (RSUs) valued at $0 at grant (they convert to shares when they vest). The purchase is a direct buy (bullish signal in that cash was used to acquire stock); the RSUs are a standard equity award that vests over future dates.
Key Details
- Transaction dates and prices:
- May 12, 2026 — Open‑market purchase (P): 5,000 shares @ $20.59 = $102,950 (reported as two purchases at the same price per footnote).
- May 13, 2026 — Award/grant (A): 12,185 RSUs @ $0 (RSUs vest into shares later).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of interest:
- F1: The 5,000‑share purchase was executed in two trades at $20.59; the filer will provide trade‑by‑trade details on request.
- F2: Some shares are held by the "Scott D. Macdonald Living Trust dated April 21, 2023" — these were inadvertently reported as held directly by the reporting person.
- F3: The RSU amount ties into a broader grant schedule: portions of RSUs vest on various future dates (including a 12,185 tranche that vests in three equal annual installments on May 13, 2027–2029, plus other scheduled tranches listed in the footnote).
- F4: Includes adjusted RSUs from a prior Form 4/A filed Aug 14, 2025.
- Filing timeliness: Report filed May 14, 2026 for transactions on May 12–13, 2026 — appears to be filed on time (within Form 4 reporting window).
Context
- RSUs = restricted stock units that convert into common shares when they vest; receiving an RSU grant does not immediately increase tradable shares until vesting occurs.
- Purchases (cash buys) are often watched by investors as a direct investment by insiders; awards and RSUs are routine compensation and vest over time.
- No indication in the filing of sales, 10b5‑1 plans, tax‑withholding sales, or late filing penalties.
Insider Transaction Report
Form 4
MACDONALD SCOTT D
CFO and Treasurer
Transactions
- Purchase
Common Shares
[F1][F2]2026-05-12$20.59/sh+5,000$102,950→ 18,757 total(indirect: By Trust) - Award
Common Shares
[F3][F4]2026-05-13+12,185→ 65,676 total
Footnotes (4)
- [F1]These shares were purchased in two transactions at a price of $20.59 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each transaction within such transactions.
- [F2]Held by the Scott D. Macdonald Living Trust dated April 21, 2023. These shares were inadvertently reported as held directly by the Reporting Person.
- [F3]Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 14,926 RSUs scheduled to vest on July 3, 2026; (ii) 29,632 RSUs scheduled to vest in two equal annual installments on July 1, 2026 and 2027; (iii) 8,933 RSUs scheduled to vest in three equal installments on August 4, 2026, 2027 and 2028; and (iv) 12,185 RSUs scheduled to vest in three equal installments on May 13 2027, 2028 and 2029.
- [F4]Amount includes adjusted RSUs from Form 4/A filed on August 14, 2025.
Signature
/s/ Le Marjanac, by power of atty., for Scott D. Macdonald|2026-05-14