[Form 3] Paramount Skydance Corp Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Paramount Skydance Corp (PSKY) Form 3: This is an initial Section 16 filing reporting that Dennis Cinelli, listed at Paramount Skydance Corporation's New York address, is a director and filed as a single reporting person for an event dated 09/12/2025. He directly owns 28,112 shares of Class B common stock. The filing is signed by an attorney-in-fact on 09/16/2025 and includes Exhibit 24 (Power of Attorney).
Positive
- Initial disclosure completed for a director as required under Section 16
- Direct ownership quantified: 28,112 Class B common shares reported
- Filing executed via Power of Attorney (Exhibit 24), indicating proper authorization
Negative
- None.
Insights
TL;DR: Initial disclosure shows board affiliation and modest direct ownership, indicating alignment without material ownership concentration.
The Form 3 documents a director-level insider registering beneficial ownership of 28,112 Class B shares directly. For investors, this is a routine Section 16 initial disclosure required when an individual becomes an officer/director or otherwise exceeds reporting thresholds. The ownership size is unlikely to be control-relevant for a public company unless the share class is highly concentrated; the filing itself contains no derivatives, pledges, or transfers.
TL;DR: Filing appears complete for an initial statement: direct ownership reported and Power of Attorney appended.
The submission identifies the reporting person, relationship to issuer (Director), event date (09/12/2025), and the exact amount and form of securities (28,112 Class B shares, Direct). The presence of Exhibit 24 indicates the filing was executed under a Power of Attorney. There are no derivative holdings reported. From a compliance standpoint, the Form 3 meets the required disclosure items shown in the content.