Paramount Skydance legal chief receives 150K shares

The chief legal officer's new RSU awards are scheduled to vest quarterly over three and five years, beginning October 6, 2026.

Rhea-AI Filing Summary

Paramount Skydance Corp Chief Legal Officer Makan Delrahim had 150,000 restricted stock units vest on October 6, 2026, resulting in 150,000 Class B common shares; his reported direct Class B holdings afterward were 539,107 shares. His reported RSU position following the vesting transaction was 2,400,000 units. He also received awards of 91,667 RSUs and 1,041,667 RSUs, generally vesting in equal quarterly installments over three and five years, respectively, with both periods commencing October 6, 2026.

Insider Trade Summary

150,000 shares exercised/converted

Exercise 4 txns

Insider Delrahim Makan

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1	150,000	$0.00	$0.00
Grant/Award	Restricted Stock Units, F3	91,667	$0.00	$0.00
Grant/Award	Restricted Stock Units. F4	1,041,667	$0.00	$0.00
Exercise	Class B common stock F1, F2	150,000	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,400,000 contracts (Direct); Restricted Stock Units, — 91,667 contracts (Direct); Restricted Stock Units. — 1,041,667 contracts (Direct); Class B common stock — 539,107 shares (Direct)

Footnotes (4)

1. F1. The shares identified in Table I were issued on October 6, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on October 6, 2025 and generally vest in equal quarterly installments over a five-year period. On October 6, 2026, the closing price of the Class B common stock on the New York Stock Exchange was $9.53 per share.
2. F2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
3. F3. These RSUs generally vest in equal quarterly installments over a 3-year period that commences on October 6, 2026.
4. F4. These RSUs generally vest in equal quarterly installments over a 5-year period that commences on October 6, 2026.

Key Figures

RSUs vested: 150,000 RSUs Class B common shares issued: 150,000 shares Direct Class B holdings: 539,107 shares +3 more

6 metrics

RSUs vested 150,000 RSUs Vesting on October 6, 2026

Class B common shares issued 150,000 shares Issued upon vesting on October 6, 2026

Direct Class B holdings 539,107 shares Reported after the transaction

RSU position 2,400,000 RSUs Reported following the vesting transaction

RSU award 91,667 RSUs Generally vests quarterly over three years commencing October 6, 2026

RSU award 1,041,667 RSUs Generally vests quarterly over five years commencing October 6, 2026

Key Terms

Restricted Stock Units, dividend reinvestment program, Rule 16a-11

3 terms

Restricted Stock Units financial

"installment of Restricted Stock Units ("RSUs")"

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.

dividend reinvestment program financial

"pursuant to a dividend reinvestment program"

A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.

Rule 16a-11 regulatory

"meeting the requirements of Rule 16a-11"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PSKY shares did Chief Legal Officer Makan Delrahim receive when his RSUs vested?

Makan Delrahim received 150,000 Class B common shares when 150,000 RSUs vested on October 6, 2026; his reported direct Class B holdings afterward were 539,107 shares.

What RSU awards did PSKY's chief legal officer receive?

He received awards of 91,667 RSUs and 1,041,667 RSUs. They generally vest in equal quarterly installments over three and five years, respectively, with both periods commencing October 6, 2026.

When were the RSUs that vested for PSKY's chief legal officer originally granted?

The RSUs underlying the 150,000-share vesting were initially granted on October 6, 2025, and generally vest in equal quarterly installments over a five-year period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/08/2026 - 05:19 PM Accepted by SEC EDGAR 10/08/2026 - 05:19 PM Learn about SEC filing dates

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^*

Delrahim Makan

(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
Skydance Corp [ SKYD ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2026

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	10/06/2026		M		150,000(1)	A	$0(1)	539,107(2)	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
Restricted Stock Units	(1)	10/06/2026		M			150,000	(1)	(1)	Class B common stock	150,000	$0.0000	2,400,000	D
Restricted Stock Units,	(3)	10/06/2026		A		91,667		(3)	(3)	Class B common stock	91,667	$0.0000	91,667	D
Restricted Stock Units.	(4)	10/06/2026		A		1,041,667		(4)	(4)	Class B common stock	1,041,667	$0.0000	1,041,667	D

Explanation of Responses:

1. The shares identified in Table I were issued on October 6, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on October 6, 2025 and generally vest in equal quarterly installments over a five-year period. On October 6, 2026, the closing price of the Class B common stock on the New York Stock Exchange was $9.53 per share.

2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.

3. These RSUs generally vest in equal quarterly installments over a 3-year period that commences on October 6, 2026.

4. These RSUs generally vest in equal quarterly installments over a 5-year period that commences on October 6, 2026.

	/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact	10/08/2026
	** 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)