Paramount Skydance (PSKY) Form 144: 399,497 Shares to be Sold via Morgan Stanley

Rhea-AI Filing Summary

Form 144 notice for Paramount Skydance Corporation (PSKY) reports a proposed sale of 399,497 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $5,585,712.05, based on the filing. The filing lists the issuer's outstanding shares as 633,000,000 and an approximate sale date of 08/15/2025. All shares to be sold were acquired as restricted stock vesting under a registered plan and paid as compensation, with acquisition dates ranging from 11/30/2024 to 01/03/2025 and specific lot sizes including 221,660 and 170,757 shares. The filer reports no securities sold in the past three months. The notice includes the standard representation that the seller knows of no undisclosed material adverse information.

Positive

• Transparent disclosure of a proposed sale including broker, share count, and aggregate market value
• Shares originated from registered-plan vesting, indicating routine compensation-related transfers
• No securities sold in the past three months, simplifying aggregation and disclosure calculations

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale notice for 399,497 shares, representing a small fraction of outstanding stock; no recent sales reported.

This Form 144 documents a proposed sale of 399,497 common shares valued at $5.59 million, to be executed via Morgan Stanley Smith Barney LLC. The shares were acquired through restricted stock vesting and were paid as compensation across several dates in late 2024 and early 2025. Relative to the issuer's reported 633 million shares outstanding, the sale equals roughly 0.06% of outstanding equity, indicating limited dilution or market impact from this single sale. The filer also affirms no undisclosed material adverse information. For investors, this appears to be a routine disclosure of an insider liquidity event rather than a material corporate development.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure showing vesting-based sales; procedural and governance norms appear followed.

The filing shows the securities originated from restricted stock vesting under a registered plan and that payment was for compensation, which aligns with typical executive compensation mechanics. The notice contains the required representation regarding material nonpublic information and indicates no sales in the past three months, suggesting adherence to reporting timelines. The use of a major brokerage for execution is standard. There is no indication in this filing of atypical governance concerns or irregularities; the filing is procedural and consistent with Rule 144 requirements.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	399497	5585712.05	633000000	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/03/2025	Restricted stock vesting under a registered plan	Issuer			9	01/03/2025	Compensation
Common	11/30/2024	Restricted stock vesting under a registered plan	Issuer			1986	11/30/2024	Compensation
Common	12/26/2024	Restricted stock vesting under a registered plan	Issuer			221660	12/26/2024	Compensation
Common	12/03/2024	Restricted stock vesting under a registered plan	Issuer			5085	12/03/2024	Compensation
Common	12/24/2024	Restricted stock vesting under a registered plan	Issuer			170757	12/24/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for PSKY report?

The filing reports a proposed sale of 399,497 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $5,585,712.05.

When is the approximate date of the proposed sale for PSKY shares?

The filing lists the approximate date of sale as 08/15/2025.

How were the shares to be sold acquired according to the Form 144?

All listed shares were acquired through restricted stock vesting under a registered plan and the payment type is identified as compensation.

How many shares outstanding does the filing report for PSKY?

The filing reports 633,000,000 shares outstanding.

Were any securities sold by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.