Paramount Skydance (PSKY) Notice: Insider Sale of 418K Shares via Merrill Lynch
Rhea-AI Filing Summary
Paramount Skydance Corporation (PSKY) Form 144 notice shows a proposed sale of 418,069 common shares through Merrill Lynch on 08/15/2025 for an aggregate market value of $5,852,966.00. The filing reports 1,243,939,219 shares outstanding, giving context to the size of the sale relative to total shares.
The securities were acquired as compensation from the issuer on 08/07/2025 and the payment/settlement date is listed as 08/07/2025. The filer attests there is no undisclosed material adverse information. No other sales in the past three months are reported.
Positive
- Full disclosure of transaction details including broker, share count, aggregate market value, acquisition date, and settlement date.
- Filer attestation that there is no undisclosed material adverse information about the issuer.
Negative
- No additional context provided about the purpose of the sale beyond the mechanics, limiting insight into intent.
- Timing shows acquisition on 08/07/2025 and proposed sale on 08/15/2025, a short holding period which some investors may view as noteworthy.
Insights
TL;DR Proposed insider sale of 418,069 shares valued at $5.85M; acquired as recent compensation.
The filer plans to sell newly acquired common shares through Merrill Lynch on the stated date. The transaction is identified as compensation received from the issuer on 08/07/2025, with settlement/payment on the same date. The filing discloses aggregate market value and total shares outstanding, allowing investors to gauge relative size. The filer certifies no undisclosed material adverse information. No sales in the prior three months are reported.
TL;DR Routine Rule 144 notice for sale of compensation shares; disclosure meets required attestation.
The Form 144 provides required fields: class of security, broker, number of shares, aggregate value, outstanding shares, acquisition nature and dates. The acquisition is labeled as compensation from the issuer dated 08/07/2025. The filer includes the attestation about material information and notes no recent sales. The filing appears procedural and compliant based on provided information.