Allen Family Capital, LLC, a 10% owner of Starz Entertainment Corp /CN/ (NASDAQ:STRZ), filed a Form 4 on October 29, 2026, disclosing a series of sales of Common Shares between August 7, 2026 and September 29, 2026 that reduced its indirect beneficial ownership to zero.

Key Highlights

  • Full exit completed: Allen Family Capital, LLC disposed of all remaining 363,786 Common Shares on September 29, 2026, at a price of $21.059, leaving a beneficial ownership of 0 shares.
  • Opening position: The earliest reported transaction on August 7, 2026 showed a post-sale balance of 1,769,000 shares held indirectly.
  • Total transactions: The filing lists 23 separate sale transactions (transaction code S) spanning August 7, 2026 through September 29, 2026.
  • Price range: Sale prices across the reported transactions ranged from $21.059 to $28.1983 per share.
  • Reporting persons: Both Allen Family Capital, LLC and Byron Allen Folks (sole member of the LLC) are named as reporting persons, each identified as a 10% owner.
  • Indirect ownership: All shares were held indirectly by Allen Family Capital, LLC; Byron Allen Folks is noted as the sole member and may be deemed to share beneficial ownership of the securities held of record by Allen Family Capital, LLC, according to the filing's footnote.

Allen Family Capital Completes Full Disposal of Starz Entertainment Common Shares

According to the Form 4 filed on October 29, 2026, Allen Family Capital, LLC reported 23 open-market sales of Common Shares of Starz Entertainment Corp /CN/ (NASDAQ:STRZ) between August 7, 2026 and September 29, 2026. The filing identifies Allen Family Capital, LLC and Byron Allen Folks as reporting persons, with both listed as 10% owners of the issuer. Byron Allen Folks is the sole member of Allen Family Capital, LLC and, as stated in the filing's footnote, "may be deemed to share beneficial ownership of the securities held of record by Allen Family Capital, LLC."

The filing discloses that the position stood at 1,769,000 shares following the first reported sale of 34,786 shares on August 7, 2026, at a price of $26.235. Subsequent sales in August reduced the holding progressively, with notable single-day disposals including 156,705 shares on August 21, 2026 at $26.5625, and 140,712 shares on September 1, 2026 at $26.2491. All transactions in the filing carry transaction code S and are classified as disposals (D).

September activity accelerated the reduction further. On September 21, 2026, the filing reports two separate transactions totaling 249,255 shares sold, at prices of $25.0003 and $26.2022. A sale of 200,000 shares at $26.2022 on that same date is listed separately. By September 28, 2026, the position had fallen to 363,786 shares, which were then entirely sold on September 29, 2026 at $21.059, bringing beneficial ownership to 0. All shares were held indirectly through Allen Family Capital, LLC throughout the period covered by the filing.

What Was Disclosed

The filing discloses that Allen Family Capital, LLC, with Byron Allen Folks as sole member, sold all indirectly held Common Shares of Starz Entertainment Corp /CN/ across 23 transactions from August 7 through September 29, 2026, ending with zero beneficial ownership.