secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2026-09-15T20:36:57+00:00
Accession:  0000929351-26-000041
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starz enters new employment agreement with President Alison Hoffman through 2029
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- Agreement effective Aug 6, 2026 through Dec 31, 2029; Hoffman continues as President, Starz Networks reporting to CEO Jeffrey Hirsch.
- Base salary set at $1,485,000; annual bonus target 150% of base; annual equity grants targeted at 100% of base salary.
- Severance on qualifying termination: greater of remaining term base salary or 18 months' base, plus COBRA for 18 months.
- Change-in-control termination adds 70% lump sum on top of severance; equity acceleration for 12-month vesting from termination.
- Restrictive covenants include confidentiality and 12-month non-solicitation of Starz employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000092935126000041/0000929351-26-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000092935126000041/starz-20260911.htm
  HTML page:      https://secwatch.observer/filing/0000929351-26-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer