Paramount Skydance EVP exercises RSUs, pays taxes
Paramount Skydance Corp EVP, Controller & CAO Katherine Gill Charest reported equity compensation activity in Class B common stock tied to Restricted Stock Units (RSUs).
Rhea-AI Filing Summary
Paramount Skydance Corp EVP, Controller & CAO Katherine Gill Charest reported equity compensation activity in Class B common stock tied to Restricted Stock Units (RSUs). An installment of RSUs vested into 7,969 shares, and the company withheld 4,069 shares at a price of $10.78 per share to cover tax obligations, rather than selling them in the open market.
After these transactions, Charest directly holds 72,850 shares of Class B common stock and indirectly holds 422 shares through a 401(k) plan, and the RSU award schedule generally vests in equal quarterly installments over three years, leaving additional RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,969 shares exercised/converted
Exercise
4 txns
Insider
Gill Charest Katherine
Role
EVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,969 | $0.00 | $0.00 |
| Exercise | Class B common stock | 7,969 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class B common stock | 4,069 | $10.78 | $44K |
| holding | Class B common stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 87,659 contracts (Direct);
Class B common stock — 72,850 shares (Direct);
Class B common stock — 422 shares (Indirect, By 401(k))
Footnotes (3)
- F1. The shares identified in Table I were issued on June 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 June 2, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.78 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
RSUs vested: 7,969 shares
Tax withholding shares: 4,069 shares
Withholding price: $10.78 per share
+3 more
6 metrics
RSUs vested
7,969 shares
Restricted Stock Units converting into Class B common stock on June 2, 2026
Tax withholding shares
4,069 shares
Shares withheld to satisfy tax liability on June 2, 2026
Withholding price
$10.78 per share
Closing price of Class B common stock on June 2, 2026
Direct holdings after transaction
76,919 shares
Class B common stock directly owned following Form 4 transactions
Indirect 401(k) holdings
422 shares
Class B common stock held indirectly through a 401(k) plan
Remaining RSU balance
87,659 units
Restricted Stock Units outstanding after this vesting installment
Key Terms
Restricted Stock Units, dividend reinvestment program, Rule 16a-11, tax liability incident to the vesting, +1 more
5 terms
Restricted Stock Units financial
"The shares identified in Table I were issued on June 2, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II"
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 meeting the requirements of Rule 16a-11."
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
"Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11."
tax liability incident to the vesting financial
"These shares were withheld by the Issuer to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs"
The NASDAQ Global Select Market market
"On June 2, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.78 per share."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PSKY executive Katherine Gill Charest report?
Katherine Gill Charest reported RSU-related equity activity. 7,969 Restricted Stock Units vested into Class B shares, and 4,069 shares were withheld by the company to satisfy tax obligations, leaving her with increased direct and indirect holdings plus remaining unvested RSUs.
What RSU activity did PSKY disclose for Katherine Gill Charest on June 2, 2026?
An installment of Restricted Stock Units vested on June 2, 2026, converting 7,969 RSUs into Class B common shares. These RSUs were part of an award initially granted on March 2, 2026, that generally vests in equal quarterly installments over three years.
What price was used for PSKY’s tax withholding on Katherine Gill Charest’s RSUs?
The tax withholding used a share value of $10.78, which was the closing price of Paramount Skydance Class B common stock on The NASDAQ Global Select Market on June 2, 2026. At that price, 4,069 shares were withheld to satisfy her related tax obligations.
Does Katherine Gill Charest still have outstanding RSUs in Paramount Skydance (PSKY)?
Yes. After 7,969 RSUs vested into Class B shares, the remaining RSU balance reported was 87,659 units. These RSUs generally vest in equal quarterly installments over three years from the initial March 2, 2026 grant date, creating future potential share deliveries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
