Paramount Skydance (PSKY) Insider Notice: $2.64M Share Sale Planned
Rhea-AI Filing Summary
Paramount Skydance Corporation (PSKY) filed a Form 144 notifying the proposed sale of 187,648 common shares with an aggregate market value of $2,642,496.67. The filing lists Morgan Stanley Smith Barney LLC as the broker and indicates the securities trade on NASDAQ with an approximate sale date of 08/15/2025. The filing states there are 633,000,000 shares outstanding.
The securities being sold were acquired largely through equity compensation: 94,818 performance stock units and 92,432 restricted stock vesting on 12/24/2024, plus 398 shares from restricted stock vesting on 01/03/2025, all noted as payment for services. The filer certifies no material nonpublic information is known to the selling person.
Positive
- Clear disclosure of the number of shares to be sold (187,648) and aggregate market value ($2,642,496.67).
- Sources of the shares are specified (performance stock units and restricted stock vesting), including acquisition dates and amounts.
- Broker and exchange identified (Morgan Stanley Smith Barney LLC; NASDAQ) and an approximate sale date (08/15/2025) are provided.
Negative
- None.
Insights
TL;DR Notice of planned sale of 187,648 shares worth $2.64M, arising from recent equity compensation vesting.
This Form 144 is a routine insider notice that discloses the intended sale volume, broker, approximate sale date, and the origin of the shares as equity compensation. The filing quantifies outstanding shares at 633,000,000, allowing readers to see the sale is a small fraction of the public float. No prior sales in the past three months are reported. Because the shares were acquired as compensation and the filer attests to lack of undisclosed material information, the filing primarily serves regulatory transparency rather than indicating corporate operational changes.
TL;DR Clean disclosure of an executive sale tied to vested compensation, with required attestation present.
The form includes the standard signer attestation and details on acquisition type and payment method (services rendered), which supports compliance with Rule 144 disclosure expectations. The presence of a broker and an approximate sale date meets procedural requirements. No governance issues, trading plan dates, or adverse disclosures are included in the filing text provided.