STOCK TITAN

Paramount Skydance EVP reports 7,969 RSUs vested

EVP, Controller & CAO Katherine Gill Charest had RSUs vest into Class B shares at PSKY, with a portion withheld to cover related tax obligations.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paramount Skydance Corp (PSKY) reported that EVP, Controller & CAO Katherine Gill Charest had 7,969 Restricted Stock Units vest and convert into the same number of shares of Class B common stock on September 2, 2026. The RSUs were part of a grant from March 2, 2026 that generally vests in equal quarterly installments over three years.

Of the vested shares, 4,069 Class B shares were withheld by the issuer to satisfy tax liabilities related to the RSU vesting, using a reference price of $10.97 per share, and were not sold in an open-market transaction. After the transaction, Charest directly held 79,690 RSUs and indirectly held 424 Class B shares through a 401(k) plan. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

  • None.

Negative

  • None.
Insider Gill Charest Katherine
Role EVP, Controller & CAO
Type Security Shares Price Value
Exercise Restricted Stock Units F1 7,969 $0.00 $0.00
Exercise Class B common stock F1, F2 7,969 $0.00 $0.00
Tax Withholding Class B common stock F3 4,069 $10.97 $45K
holding Class B common stock -- -- --
Holdings After Transaction: Restricted Stock Units — 79,690 contracts (Direct); Class B common stock — 77,108 shares (Direct); Class B common stock — 424 shares (Indirect, By 401(k))
Footnotes (3)
  1. F1. The shares identified in Table I were issued on September 2, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on March 2, 2026 and generally vest in equal quarterly installments over a three-year period. On September 2, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.97 per share.
  2. F2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
  3. F3. These shares were withheld by the Issuer to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs, and were not actually sold or otherwise disposed of in an open-market transaction.
RSUs vested and converted 7,969 units/shares Restricted Stock Units vesting into Class B common stock on September 2, 2026
Closing price $10.97 per share PSKY Class B common stock closing price on September 2, 2026
Shares withheld for taxes 4,069 shares Class B shares withheld by issuer to satisfy tax liability on RSU vesting
RSUs held after transaction 79,690 units Directly held Restricted Stock Units following the September 2, 2026 events
Indirect 401(k) holdings 424 shares Class B common stock held indirectly by 401(k) after the reported transactions
Restricted Stock Units financial
"The shares identified in Table I were issued ... upon vesting of an installment of 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.
dividend reinvestment program financial
"Includes shares acquired periodically 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
"dividend reinvestment program meeting the requirements of Rule 16a-11"
The NASDAQ Global Select Market market
"the closing price of the Class B common stock on The NASDAQ Global Select Market"

FAQ

What equity transaction did PSKY executive Katherine Gill Charest report on this Form 4?

Katherine Gill Charest reported the vesting and conversion of 7,969 Restricted Stock Units into 7,969 shares of Class B common stock of Paramount Skydance Corp on September 2, 2026, from an RSU grant dated March 2, 2026.

How many PSKY shares were withheld to cover taxes for the RSU vesting?

A total of 4,069 Class B common shares of PSKY were withheld by the issuer to satisfy tax liability associated with the RSU vesting and share delivery; they were not sold in an open-market transaction.

What price per share was used for the PSKY tax-withholding shares?

The filing states that on September 2, 2026, the closing price of PSKY Class B common stock on The NASDAQ Global Select Market was $10.97 per share, which underlies the tax-withholding calculation for the 4,069 withheld shares.

How many Restricted Stock Units in PSKY does Katherine Gill Charest hold after this transaction?

After the September 2, 2026 vesting and conversion, Katherine Gill Charest directly held 79,690 Restricted Stock Units of Paramount Skydance Corp, according to the post-transaction RSU line in the Form 4 data.

Does Katherine Gill Charest have any indirect holdings of PSKY shares?

Yes. The Form 4 shows an indirect holding of 424 shares of Class B common stock of PSKY held by 401(k), in addition to her directly held equity interests.

Were the PSKY transactions made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not describe any pre-arranged Rule 10b5-1 trading plan for these equity transactions.

Do the PSKY tax-withholding shares reflect an open-market sale?

No. The filing states that the 4,069 withheld shares were retained by the issuer to satisfy tax liability incident to the RSU vesting and delivery and were not sold or otherwise disposed of in an open-market transaction.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Gill Charest Katherine

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Controller & CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class B common stock09/02/2026M7,969(1)A$0(1)81,177(2)D
Class B common stock09/02/2026F4,069(3)D$10.9777,108D
Class B common stock424IBy 401(k)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/02/2026M7,969 (1) (1)Class B common stock7,969$0.000079,690D
Explanation of Responses:
1. The shares identified in Table I were issued on September 2, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on March 2, 2026 and generally vest in equal quarterly installments over a three-year period. On September 2, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.97 per share.
2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
3. These shares were withheld by the Issuer to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs, and were not actually sold or otherwise disposed of in an open-market transaction.
/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact09/04/2026
** Signature of Reporting PersonDate
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)

Keep reading