---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-200610"
form_type: "8-K"
ticker: "STRZ"
cik: "0000929351"
company_name: "STARZ ENTERTAINMENT CORP /CN/"
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:32:52.188732+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lions Gate enters 5-year CEO contract with Feltheimer; target bonus $7.5M, annual equity $10M

## Summary
- Base salary of $1.5M, target bonus $7.5M with 200% max, and annual equity target $10M (RSUs, options/SARs, performance RSUs).
- Five-year term from Aug 1, 2024 through July 31, 2029; replaces prior agreement from 2020/2022.
- Termination without cause or for good reason triggers cash severance equal to present value of base salary through 2029; change-of-control severance greater of that or $6M.
- Upon qualifying termination or retirement, unvested annual equity awards accelerate or continue vesting.
- Annual equity grants for FY2026-2029 each split 1/3 time-based RSU, 1/3 options/SARs, 1/3 performance RSU.

## SEC filing metadata
- accession: 0001193125-24-200610
- form_type: 8-K
- ticker: STRZ
- cik: 0000929351
- company_name: STARZ ENTERTAINMENT CORP /CN/
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/929351/000119312524200610/0001193125-24-200610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/929351/000119312524200610/d856748d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-200610
- JSON: https://secwatch.observer/filing/0001193125-24-200610.json
- Plain text: https://secwatch.observer/filing/0001193125-24-200610.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.