Paramount Skydance (PSKY) director awarded 309 Class B shares via dividend equivalents

Rhea-AI Filing Summary

Paramount Skydance Corp director Barbara M. Byrne reported a small equity award linked to prior compensation. She acquired 309 shares of Class B common stock at no cost, arising from dividend equivalents on previously vested restricted stock units. After this award, she directly holds 44,701 Class B shares. The shares have been deferred at her election and were credited on June 4, 2026, when the Class B stock closed at $10.68 per share on The NASDAQ Global Select Market.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Byrne Barbara M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class B common stock	309	$0.00	--

Holdings After Transaction: Class B common stock — 44,701 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 309 shares Total holdings after transaction: 44,701 shares Closing market price: $10.68 per share +1 more

4 metrics

Shares acquired 309 shares Class B common stock grant on June 4, 2026

Total holdings after transaction 44,701 shares Class B common stock directly held after award

Closing market price $10.68 per share Class B common stock on June 4, 2026

Price per share for award $0.00 per share Grant/award acquisition of 309 Class B shares

Key Terms

dividend equivalents, restricted stock units, deferred receipt, Class B common stock

4 terms

dividend equivalents financial

"dividend equivalents accrued on previously vested restricted stock units that were reinvested in Class B common stock"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

restricted stock units financial

"dividend equivalents accrued on previously vested restricted stock units that were reinvested in Class B common stock"

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.

deferred receipt financial

"but which have not been received because the director elected to defer receipt"

Class B common stock financial

"Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Byrne Barbara M

(Last) (First) (Middle)

1515 BROADWAY

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Paramount Skydance Corp [ PSKY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B common stock	06/04/2026		A		309(1)	A	$0.0000(1)	44,701	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled with respect to dividend equivalents accrued on previously vested restricted stock units that were reinvested in Class B common stock on June 4, 2026, but which have not been received because the director elected to defer receipt. On June 4 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.68 per share.

	/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact	06/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Paramount Skydance (PSKY) director Barbara Byrne report?

Barbara M. Byrne reported acquiring 309 shares of Paramount Skydance Class B common stock. The shares came from dividend equivalents on previously vested restricted stock units and were credited on June 4, 2026, as part of her existing equity compensation arrangement.

Was Barbara Byrne’s Paramount Skydance (PSKY) transaction an open-market purchase or sale?

The transaction was not an open-market trade. Byrne received 309 Class B shares as a grant tied to dividend equivalents on previously vested restricted stock units, at an effective price of $0.00 per share, rather than buying or selling shares in the market.

How many Paramount Skydance (PSKY) shares does Barbara Byrne hold after this Form 4?

Following the reported transaction, Barbara M. Byrne directly holds 44,701 shares of Paramount Skydance Class B common stock. The 309-share award is a small addition to this existing position and reflects ongoing equity-based director compensation rather than a large ownership change.

What is the origin of the 309 Paramount Skydance (PSKY) shares reported by Barbara Byrne?

The 309 shares represent dividend equivalents accrued on previously vested restricted stock units. These dividend equivalents were reinvested into Class B common stock on June 4, 2026, aligning her compensation with shareholder returns without involving a cash purchase or sale.

Did Barbara Byrne immediately receive the new Paramount Skydance (PSKY) shares?

She became entitled to 309 additional Class B shares, but has not received them because she elected to defer receipt. The shares are credited due to dividend equivalents on vested restricted stock units, reflecting a deferred compensation choice common in director equity programs.