Starz (STRZ) Chief Legal Officer James Kapenstein Buys 1,000 Shares

What Happened

James M. Kapenstein, Chief Legal and Strategy Officer and Secretary of Starz Entertainment Corp. (STRZ), purchased 1,000 shares on August 10, 2026, at $25.73 per share for a total of $25,730. This was a direct purchase (transaction code P), which is a purchase signal rather than a sale.

Key Details

• Transaction date: 2026-08-10; Price: $25.73 per share; Shares purchased: 1,000; Total value: $25,730.
• Form 4 filed: 2026-08-12 — within the typical two-business-day filing window for Form 4s.
• Shares owned after transaction: Not specified in this filing.
• Footnote: The filing notes 11,302 restricted stock units (RSUs) granted by the issuer, payable upon vesting in equal annual installments on May 13, 2027, 2028 and 2029. These RSUs are separate from the open-market purchase.
• No 10b5-1 plan, tax-withholding sale, or other special arrangements were disclosed in this filing.

Context

• Purchases by executives can be interpreted by investors as a positive signal because insiders are adding to their holdings, but they do not guarantee future stock performance.
• The RSUs referenced are future awards that will convert into common shares as they vest under the stated schedule.