Routine executive employment agreement for a continuing officer. No change in role, no unexpected departure, and no material financial terms beyond standard compensation. No actionable trading signal.
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Executive Summary
Starz Entertainment Corp. filed an 8-K to disclose a new executive employment agreement with Jason Wyrick, who continues as EVP, Technology. The agreement formalizes his compensation package including a $735,000 base salary, target annual bonus of 90% of base salary, and annual equity awards with a target value of 50% of base salary. This is a routine compensatory arrangement for a continuing officer with no change in role or unexpected departure.
Key Facts
- Jason Wyrick entered into an employment agreement effective October 1, 2026, continuing as EVP, Technology
- Annual base salary of $735,000
- Target annual bonus opportunity of 90% of base salary ($661,500 target)
- Annual equity award target grant date value of 50% of base salary ($367,500 target value)
- Term runs through September 30, 2028, with a potential one-year extension to September 30, 2029
- Severance of 18 months base salary plus COBRA premiums for up to 18 months on qualifying termination
- Change-in-control double-trigger acceleration of unvested equity scheduled to vest within 12 months post-termination
Financial Impact
No material financial impact to the company. Executive compensation package is consistent with prior role and market standards for an EVP-level technology officer.
Risk Factors
- None from this filing
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000929351-26-000043 |
| Document: starz-20261001.htm | 0000929351-26-000043 |
| Document: 0000929351-26-000043-index-headers.html | 0000929351-26-000043 |
| Document: 0000929351-26-000043-index.html | 0000929351-26-000043 |
| Document: 0000929351-26-000043.txt | 0000929351-26-000043 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $20.91 | awaiting T+20 | — | $21.57 (+3.16%) |
Oct 6, 2026 21d ago | 8-K | $23.53 | awaiting T+20 | — | $21.57 (−8.33%) |
Oct 1, 2026 26d ago | Press Release | $23.25 | awaiting T+20 | — | $21.57 (−7.23%) |
Aug 14, 2026 10w ago | Insider Cluster | $25.43 $27.21 | ▲ +7.00% | ▲ +8.98% | $21.57 (−15.18%) |
Aug 12, 2026 10w ago | Insider Cluster | $28.00 $25.87 | ▼ −7.61% | ▼ −5.86% | $21.57 (−22.96%) |
Aug 7, 2026 11w ago | 8-K | $26.22 $26.89 | ▲ +2.56% | ▲ +2.95% | $21.57 (−17.73%) |
May 15, 2026 23w ago | Insider Cluster | $21.27 $27.89 | ▲ +31.12% | ▲ +29.54% | $21.57 (+1.41%) |
May 14, 2026 23w ago | Insider Cluster | $23.12 $28.06 | ▲ +21.35% | ▲ +19.23% | $21.57 (−6.70%) |
May 12, 2026 24w ago | Insider Cluster | $20.35 $27.46 | ▲ +34.94% | ▲ +36.67% | $21.57 (+6.00%) |
Apr 15, 2026 27w ago | 8-K | $17.20 $19.64 | ▲ +14.19% | ▲ +8.37% | $21.57 (+25.41%) |
US Market Status
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