President Sells $292K in Shares After Option Exercise Amidst Q1 Losses
STRZ has more than doubled off its 52-week low of $8.4 on elevated volume (3.0× avg).
Summary
Alison Hoffman, President of Starz Networks, sold $292,675 worth of common shares after exercising options, following the company's recent report of wider Q1 losses and declining revenue.
Key Events · Ownership and Investor Activity · STRZ
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President Sells Shares
Alison Hoffman, President of Starz Networks, sold 13,661 common shares for $292,675 in open market transactions.
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Option Exercise Preceded Sale
The sale followed the exercise of options to acquire 13,661 shares at an exercise price of $8.39 per share, costing $114,616.
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Occurs Amidst Negative Financials
This insider sale occurs shortly after Starz reported a wider net loss and declining revenue for Q1 2026, along with significant future content termination fees and legal risks.
Analysis · STRZ · Trade & Services
The President's decision to sell a substantial amount of shares, totaling nearly $300,000, immediately after exercising options, is a notable event. This disposition of shares by a key executive, especially following the company's recent disclosure of widening Q1 losses, declining revenue, and significant future financial obligations and legal risks, could be interpreted negatively by investors. It suggests a lack of conviction at a challenging time for the company.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. 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 $21.93 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $368.2M. The 52-week trading range was $8.40 to $23.63. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.