Paramount Skydance director reports RSU vesting
Paramount Skydance Corp director Gerald J. Cardinale reported the vesting of 25,000 Restricted Stock Units (RSUs), which converted into an equal number of Class B common shares on July 21, 2026, when the stock closed at $8.53.
Rhea-AI Filing Summary
Paramount Skydance Corp director Gerald J. Cardinale reported the vesting of 25,000 Restricted Stock Units (RSUs), which converted into an equal number of Class B common shares on July 21, 2026, when the stock closed at $8.53. He also received a new award of 46,893 RSUs, which generally vest on the earlier of the issuer's 2027 Annual Meeting of Stockholders or July 21, 2027. In addition to the newly held 25,000 direct shares, he reported indirect holdings of 21,208,559 and 83,640,992 Class B shares via RB Maverick LLC and RB Tentpole Holdings LP, with RB Maverick holdings corrected from an overstated prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,000 shares exercised/converted
Exercise
5 txns
Insider
Cardinale Gerald J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 25,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units. F4, F5 | 46,893 | $0.00 | $0.00 |
| Exercise | Class B common stock F1 | 25,000 | $0.00 | $0.00 |
| holding | Class B common stock F2 | -- | -- | -- |
| holding | Class B common stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Restricted Stock Units. — 46,893 contracts (Direct);
Class B common stock — 25,000 shares (Direct);
Class B common stock — 21,208,559 shares (Indirect, By RB Maverick LLC);
Class B common stock — 83,640,992 shares (Indirect, By RB Tentpole Holdings LP)
Footnotes (5)
- F1. The shares identified in Table I were issued on July 21, 2026, upon vesting of the Restricted Stock Units ("RSUs") identified in Table II, which were granted on August 7, 2025. On July 21, 2026 the closing price of the Class B common stock on The NASDAQ Global Select Market was $8.53 per share.
- F2. These securities are held directly by RB Maverick LLC, and may also be deemed to be beneficially owned by the Reporting Person who is the sole member of the general partner of RedBird Capital Partners L.P., which indirectly controls RB Maverick LLC. The Reporting Person's prior Form 4 filed on August 7, 2025 overstated the number of shares of Class B Common Stock beneficially owned by RB Maverick LLC, which has been corrected herein.
- F3. These securities are held directly by RB Tentpole Holdings LP, and may also be deemed to be beneficially owned by the Reporting person, who is the sole member of the general partner of RedBird Capital Partners L.P., which indirectly controls RB Tentpole Holdings LP.
- F4. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.
- F5. These RSUs will generally vest on the earlier of (i) the date of the Issuer's 2027 Annual Meeting of Stockholders and (ii) July 21, 2027, and a corresponding number of shares of Class B common stock will be delivered on the vesting date, unless the director has elected to defer receipt.
Key Figures
RSUs vested: 25,000 units
New RSU grant: 46,893 units
Closing share price: $8.53 per share
+3 more
6 metrics
RSUs vested
25,000 units
Restricted Stock Units converted into Class B common stock on July 21, 2026
New RSU grant
46,893 units
Restricted Stock Units awarded to director on July 21, 2026
Closing share price
$8.53 per share
Class B common stock closing price on July 21, 2026
Direct Class B shares
25,000 shares
Class B common stock held directly after RSU vesting
Indirect via RB Maverick LLC
21,208,559 shares
Class B common stock indirectly held through RB Maverick LLC
Indirect via RB Tentpole Holdings LP
83,640,992 shares
Class B common stock indirectly held through RB Tentpole Holdings LP
Key Terms
Restricted Stock Units, beneficially owned, The NASDAQ Global Select Market, Annual Meeting of Stockholders
4 terms
Restricted Stock Units financial
"issued on July 21, 2026, upon vesting of the Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned regulatory
"may also be deemed to be beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
The NASDAQ Global Select Market market
"the closing price of the Class B common stock on The NASDAQ Global Select Market"
Annual Meeting of Stockholders regulatory
"vest on the earlier of (i) the date of the Issuer's 2027 Annual Meeting of Stockholders"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity changes did Gerald J. Cardinale report for PSKY?
Gerald J. Cardinale reported vesting of 25,000 RSUs into Class B common shares and a grant of 46,893 new RSUs on July 21, 2026. The filing also updates his direct and indirect Class B share holdings through affiliated entities.
How many Restricted Stock Units did the PSKY director have vest and how many were granted?
On July 21, 2026, 25,000 RSUs vested and converted into Class B common shares, and Cardinale received a new award of 46,893 RSUs. Each RSU represents a contingent right to receive one share of Class B common stock.
When will Gerald J. Cardinale�s new RSUs in PSKY vest?
The 46,893 RSUs granted to Gerald J. Cardinale will generally vest on the earlier of the issuer�s 2027 Annual Meeting of Stockholders or July 21, 2027. A corresponding number of Class B shares will be delivered at vesting, unless he elects to defer receipt.
What indirect PSKY Class B holdings does Gerald J. Cardinale report?
Cardinale reports indirect ownership of 21,208,559 Class B shares through RB Maverick LLC and 83,640,992 Class B shares through RB Tentpole Holdings LP. These entities are controlled through structures in which he is the sole member of the general partner of RedBird Capital Partners L.P.
What stock price is referenced in the PSKY Form 4 filing?
The filing notes that on July 21, 2026, the closing price of PSKY Class B common stock on The NASDAQ Global Select Market was $8.53 per share. This date corresponds to the vesting and issuance of 25,000 shares upon RSU conversion.
How did this PSKY Form 4 correct prior reported holdings for RB Maverick LLC?
The filing states that a prior Form 4 filed on August 7, 2025 overstated the number of Class B shares beneficially owned by RB Maverick LLC. The current report corrects that figure, showing 21,208,559 Class B shares indirectly held through RB Maverick LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
