Alison Hoffman Sells 32,291 Shares of STARZ ENTERTAINMENT CORP
Alison Hoffman, President of Starz Networks, sold 32,291 shares of STARZ ENTERTAINMENT CORP at $26.09 per share, totaling $807,706. This transaction was reported to the SEC under Rule Form 4.
Alison Hoffman, President of Starz Networks, sold 32,291 shares of STARZ ENTERTAINMENT CORP at $26.09 per share, totaling $807,706, according to data filed with the SEC.
Who is Alison Hoffman and What is Her Real Role at STARZ ENTERTAINMENT CORP
Alison Hoffman is the President of Starz Networks, a subsidiary of STARZ ENTERTAINMENT CORP. In this role, she is responsible for the strategy and direction of Starz Networks, which includes the Starz and Encore television channels, as well as associated streaming services. As part of the company's leadership team, Alison Hoffman has access to privileged information about the company's financial performance and projects.
As President of Starz Networks, Alison Hoffman plays a key role in shaping the company's content and distribution strategies. She collaborates closely with other members of the executive team to develop and implement plans aimed at improving company performance and increasing its market share. Through her role, Alison Hoffman has an in-depth understanding of the company's operations and the factors influencing its performance.
As a senior executive of STARZ ENTERTAINMENT CORP, Alison Hoffman is subject to SEC Rule Form 4, which requires executives and directors to report their transactions in company securities within two business days of the transaction. This rule aims to promote transparency and enable investors to make informed decisions based on available information.
Transaction Details: 32,291 shares at $26.09 each
The transaction executed by Alison Hoffman involves the sale of 32,291 shares of STARZ ENTERTAINMENT CORP at a price of $26.09 per share. The total value of the transaction amounts to $807,706. It is important to note that the per-share price and total transaction value are two distinct figures and should not be confused. The per-share price corresponds to the amount paid for each individual share, while the total transaction value represents the total amount paid for all shares combined.
The date of the transaction was August 16, 2026, and the filing with the SEC was made within two business days following the transaction, in compliance with Rule Form 4. Data related to this transaction is available on the SEC's website and can be reviewed by investors and other interested parties.
Why Insiders Sell Their Shares â Possible Reasons
There are several reasons why insiders, such as Alison Hoffman, may choose to sell their shares. One possible reason is portfolio diversification. Insiders may have a significant portion of their wealth invested in their company's stock and may wish to reduce their exposure to this security by selling a portion of their shares. Another possible reason is tax planning. Insiders may want to realize capital gains or reduce their tax liability by selling shares at certain times of the year.
Insiders may also sell their shares for personal reasons, such as the need for liquidity to fund significant purchases or to address unforeseen expenses. In some cases, insiders may sell their shares due to concerns about the company's prospects or the industry in which it operates. However, it is important to note that insiders may have access to material non-public information not available to the public, and their selling decisions may be influenced by such information.