MACDONALD SCOTT D 4
4 · STARZ ENTERTAINMENT CORP /CN/ · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
STRZ CFO Scott MacDonald Withholds 4,223 Shares for Taxes
What Happened Scott D. MacDonald, Chief Financial Officer and Treasurer of Starz Entertainment Corp. (STRZ), had 4,223 common shares withheld by the issuer on July 1, 2026 to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The withheld shares were valued at $28.86 each, for a total value of approximately $121,876. This was not an open-market sale but a routine tax-withholding transaction related to awards vesting (transaction code F).
Key Details
- Transaction date and price: July 1, 2026; 4,223 shares withheld at $28.86 per share (total ~ $121,876).
- Transaction type: F — shares withheld to satisfy tax withholding on RSU vesting (not a market sale).
- Shares owned after transaction: Not disclosed in this filing.
- Notable footnotes:
- F1: Shares were withheld by the issuer to satisfy tax withholding on vested RSUs.
- F2: The filing discloses RSU grants payable on future vesting dates, totaling 50,860 RSUs across schedules in 2026–2029 (details in the filing).
- F3: Reported holdings are held by the Scott D. Macdonald Living Trust dated April 21, 2023.
- Filing timeliness: No late filing is indicated in the provided report.
Context This was a routine withholding of shares to cover tax liabilities from RSU vesting (a common corporate practice) rather than a discretionary sale or purchase. Withholding reduces the insider's outstanding shares but typically does not signal a change in sentiment about the company's prospects.
Insider Transaction Report
- Tax Payment
Common Shares
[F1][F2]2026-07-01$28.86/sh−4,223$121,876→ 61,453 total
- 18,757(indirect: By Trust)
Common Shares
[F3]
Footnotes (3)
- [F1]Represents common shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting of previously granted restricted share units ("RSUs").
- [F2]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) 14,816 RSUs scheduled to vest on July 1, 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.
- [F3]Held by the Scott D. Macdonald Living Trust dated April 21, 2023.