The influence of remote peripheral substitution on the physicochemical properties and reactivity of phosphorus and manganese corrolazine (Cz) complexes was examined. The substitution of p-MeO for p-t-Bu groups on the eight phenyl substituents of the β-carbon atoms of the Cz ring led to changes in UV–vis transitions and redox potentials for each of the complexes. The oxygen atom transfer (OAT) and hydrogen atom transfer (HAT) reactivity of the MnV(O) complexes was also influenced by p-MeO substitution. The OAT reactivity of MnV(O)(MeOP8Cz) (MeOP8Cz = octakis-(p-methoxyphenyl)corrolazinato3−) with triarylphosphine (PAr3) substrates led to second-order rate constants from 10.2(5) to 3.1(2) × 104 M−1 s−1. These rates of OAT are slower than those seen for MnV(O)(TBP8Cz) (TBP8Cz = octakis(p-tert-butylphenyl) corrolazinato3−). A Hammett study involving para-substituted PAr3 substrates reveals a Hammett ρ-value for MnV(O)(MeOP8Cz) that is more negative than that observed for MnV(O)(TBP8Cz), consistent with a less electrophilic Mn center. The HAT reactivity of MnV(O)(MeOP8Cz) with C–H substrates was examined and revealed second-order rate constants from 6.8(5) × 10−5 to 1.70(2) × 10−1 M−1 s−1. The rate constants varied with the C–H bond strength of the substrate. Slightly faster HAT rates with C–H substrates were observed with MnV(O)(MeOP8Cz) compared to MnV(O)(TBP8Cz), indicating that the basicity of the putative [MnIV(O)]− intermediate likely compensates for the more negative redox potential in the driving force for HAT. In addition, the complete, large-scale synthesis of the para-phenyl-substituted porphyrazines RP8PzH2 (R = p-tert-butylphenyl (TB), p-methoxyphenyl (MeO), and p-isopropylphenyl) and corrolazines RP8CzH3 (TBP8CzH3 and MeOP8CzH3) is presented. The crystal structures of the monoprotonated, metal-free corrolazine [(TBP8CzH3)(H)]+[BArF]−, PV(OMe)2-(MeOP8Cz), and MnIII(MeOP8Cz)(MeOH) are presented. This work provides the first insights into the influence of electronic substituent effects on the corrolazine periphery.