Paramount Skydance elects board, ratifies auditor
Accepted by SEC EDGAR
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Form Type
8-K
Rhea-AI Filing Summary
Paramount Skydance Corporation reported that holders of 31,500,087 shares of its Class A Common Stock, representing 100.0% of the voting power of the outstanding capital stock, acted by written consent on July 20, 2026 to elect ten directors to the board, effective July 21, 2026.
The stockholders also ratified the audit committee’s appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for fiscal year 2026.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares acting by written consent: 31,500,087 shares
Voting power represented: 100.0% of voting power
Number of directors elected: 10 directors
+1 more
4 metrics
Shares acting by written consent
31,500,087 shares
Holders of Class A Common Stock acting on July 20, 2026
Voting power represented
100.0% of voting power
Voting power of the company’s outstanding capital stock supporting the actions
Number of directors elected
10 directors
Directors elected to the board effective July 21, 2026
Fiscal year for auditor appointment
2026 fiscal year
Period for which PricewaterhouseCoopers LLP was ratified as auditor
Key Terms
written consent, independent registered public accounting firm, Class A Common Stock, voting power, +1 more
5 terms
written consent regulatory
"holders of 31,500,087 shares ... acted by written consent to elect"
A written consent is a formal, signed document in which shareholders or directors approve a corporate action without holding a live meeting, similar to signing a petition instead of gathering in person. It matters to investors because it can speed decisions, create a clear legal record of approval, and affect control or governance outcomes — for example enabling changes that would otherwise require a vote at a meeting.
independent registered public accounting firm financial
"to serve as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Class A Common Stock financial
"holders of 31,500,087 shares of Paramount Skydance Corporation Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
voting power financial
"representing 100.0% of the voting power of the Company’s outstanding capital stock"
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
emerging growth company regulatory
"§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What corporate actions did Paramount Skydance (PSKY) report on July 20, 2026?
Holders of 31,500,087 Class A shares, representing 100.0% of voting power, acted by written consent to elect ten directors to the board and ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2026.
How much voting power supported the Paramount Skydance (PSKY) board elections?
The elections were approved by stockholders representing 100.0% of the voting power of Paramount Skydance’s outstanding capital stock, acting by written consent based on 31,500,087 Class A Common Stock shares on July 20, 2026.
Which directors were elected to the Paramount Skydance (PSKY) board?
Ten individuals were elected: David Ellison, Andrew Brandon-Gordon, Barbara M. Byrne, Andrew Campion, Gerald Cardinale, Safra A. Catz, Justin G. Hamill, Sherry Lansing, Paul Marinelli, and John L. Thornton, each to serve until the next annual election or a successor is qualified.
When do the new Paramount Skydance (PSKY) directors’ terms become effective?
The newly elected directors’ terms become effective on July 21, 2026, following stockholder action by written consent dated July 20, 2026, and continue until the next annual election of directors or until a successor is duly elected and qualified.
Which audit firm will serve Paramount Skydance (PSKY) for fiscal year 2026?
Stockholders ratified the audit committee’s appointment of PricewaterhouseCoopers LLP as Paramount Skydance Corporation’s independent registered public accounting firm for fiscal year 2026, confirming its role in auditing the company’s financial statements for that period.
How were Paramount Skydance (PSKY) stockholder decisions taken in this event?
Decisions were taken by written consent of holders of 31,500,087 Class A Common Stock shares, representing 100.0% of voting power, rather than at a physical or virtual stockholder meeting, allowing board elections and auditor ratification without convening a formal meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
