Sapan Joshua W 4

What Happened

• Joshua W. Sapan, a director of STARZ Entertainment Corp. (STRZ), was granted/received 3,089 shares (reported as an acquisition) on January 27, 2026. The award is reported at $10.52 per share, for a total value of approximately $32,496.
• This transaction was an award of restricted share units (RSUs) that immediately vested (compensation), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-01-27 at $10.52 per share (total ≈ $32,496).
• Transaction type/code: A — Grant/Award (RSUs that vested immediately).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: Director fees were paid in RSUs that immediately vested on the grant date (footnote F1).
• Filing timeliness: Form filed 2026-01-29; this appears to be timely (filed within the Form 4 reporting window).

Context

• These RSUs are compensation for director services and reflect pay being converted to company stock; such awards are routine and do not necessarily signal the director buying shares on the open market.
• For retail investors, awards that immediately vest increase insider-held shares but should be interpreted differently than voluntary purchases (which often are considered a stronger bullish signal).