President Hoffman Confirms $292K Stock Sale, Correcting Prior Filing Error
STRZ has more than doubled off its 52-week low of $8.4 on elevated volume (2.8× avg).
Summary
An amended Form 4 confirms that Starz Networks President Alison Hoffman sold $292,674 worth of company stock, correcting a previous filing's footnote error that had mischaracterized the transactions as purchases.
Key Events · Ownership and Investor Activity · STRZ
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Insider Sale Confirmed
President Alison Hoffman sold 13,661 shares for $292,674 on May 14, 2026, at prices between $21.27 and $23.14.
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Correction of Prior Filing
This Form 4/A explicitly corrects a typographical error in the original May 14, 2026 filing, which had incorrectly described these transactions as purchases in the footnotes.
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Option Exercise and Grant
Hoffman also exercised options for 13,661 shares at $8.39 and received a grant of 17,821 RSUs.
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Sales Near 52-Week High
The open market sales occurred while the stock was trading near its 52-week high of $23.99.
Analysis · STRZ · Trade & Services
This amended Form 4 clarifies that Starz Networks President Alison Hoffman's open market transactions on May 14, 2026, were sales totaling $292,674, not purchases as a previous footnote in the original filing had incorrectly stated. This correction is significant as it confirms a net sell signal from a key executive, occurring near the company's 52-week high and following recent reports of wider net losses and declining revenue for Q1 2026.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.5% of the 1626 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, STRZ was trading at $24.30 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $388.2M. The 52-week trading range was $8.40 to $23.99. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.