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.
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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (3)
- 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.
- F2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- 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.
Key Figures
Key Terms
Restricted Stock Units financial
dividend reinvestment program financial
Rule 16a-11 regulatory
The NASDAQ Global Select Market market
FAQ
What equity transaction did PSKY executive Katherine Gill Charest report on this Form 4?
How many Restricted Stock Units in PSKY does Katherine Gill Charest hold after this transaction?
Were the PSKY transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.