STARZ ENTERTAINMENT CORP /CN/ 8K

Starz agreed to separation and severance terms with employee Audrey Lee, including cash payments, COBRA coverage, and accelerated equity vesting, effective upon her May 1, 2026 separation and execution of a release.

On April 15, 2026, Starz Entertainment, LLC and Starz Entertainment Corp. entered into a separation agreement with employee Audrey Lee providing that her separation from Starz will be effective May 1, 2026, and, contingent upon her timely execution and non-revocation of a mutually agreed Waiver and General Release after the Separation Date, she will receive a lump sum severance of $1,226,077.36, an additional lump sum enhanced severance of $858,254.15, company-paid COBRA premiums for up to 18 months, and full vesting of all outstanding unvested equity awards granted prior to the Release, subject to the applicable plans and agreements and certain adjustments set forth in the Release; in return, she will make herself reasonably available for transition consultations through May 31, 2026 and will not be eligible for 2026 annual long-term equity incentive grants.

Filing Facts

CIK

929351

Ticker

-

Form

8K

Source Type

sec

Accession

0000929351-26-000027

Alert Tier

5