Paramount Skydance CEO exercises 250K RSUs
Paramount Skydance Corp Chief Executive Officer David Ferris Ellison reported the August 7, 2026 vesting and exercise of 250,000 Restricted Stock Units, delivering an equal number of Class B common shares.
Rhea-AI Filing Summary
Paramount Skydance Corp Chief Executive Officer David Ferris Ellison reported the August 7, 2026 vesting and exercise of 250,000 Restricted Stock Units, delivering an equal number of Class B common shares. The company withheld 127,200 Class B shares at $9.19 per share to cover tax liability, not through open-market sales. Following the RSU exercise, 4,000,000 RSUs remain outstanding, and 76,210,742 Class B shares are held indirectly through Skydance Entertainment Group, LLC, of which Ellison is the manager.
Positive
- None.
Negative
- None.
Insider Trade Summary
250,000 shares exercised/converted
Exercise
4 txns
Insider
Ellison David Ferris
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 250,000 | $0.00 | $0.00 |
| Exercise | Class B common stock F1, F2 | 250,000 | $0.00 | $0.00 |
| Tax Withholding | Class B common stock F3 | 127,200 | $9.19 | $1.17M |
| holding | Class B common stock F4 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,000,000 contracts (Direct);
Class B common stock — 508,959 shares (Direct);
Class B common stock — 76,210,742 shares (Indirect, See Footnote)
Footnotes (4)
- F1. The shares identified in Table I were issued on August 7, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on August 7, 2025 and generally vest in equal quarterly installments over a five-year period. On August 7, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $9.19 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.
- F4. By Skydance Entertainment Group, LLC, of which Mr. Ellison is the manager.
Key Figures
RSUs exercised: 250,000 Restricted Stock Units
Shares withheld for taxes: 127,200 Class B shares
Closing price on vesting date: $9.19 per share
+2 more
5 metrics
RSUs exercised
250,000 Restricted Stock Units
Vested and converted into Class B common stock on August 7, 2026
Shares withheld for taxes
127,200 Class B shares
Withheld by issuer to satisfy tax liability at $9.19 per share
Closing price on vesting date
$9.19 per share
Closing price of Class B common stock on August 7, 2026
Remaining RSUs
4,000,000 Restricted Stock Units
RSUs remaining after the 250,000-unit vesting installment
Indirect Class B holdings
76,210,742 shares
Indirectly held by Skydance Entertainment Group, LLC
Key Terms
Restricted Stock Units, dividend reinvestment program, Rule 16a-11, withheld by the Issuer, +1 more
5 terms
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 meeting the requirements"
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"
withheld by the Issuer financial
"These shares were withheld by the Issuer to satisfy tax liability incident to the vesting"
indirect financial
"By Skydance Entertainment Group, LLC, of which Mr. Ellison is the manager"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Paramount Skydance (PSKY) CEO David Ellison report in this Form 4?
David Ellison reported the vesting and exercise of 250,000 RSUs on August 7, 2026, which delivered an equal number of Class B common shares. The filing also shows shares withheld for taxes and large indirect holdings through Skydance Entertainment Group, LLC.
How many Paramount Skydance (PSKY) RSUs did David Ellison exercise?
David Ellison exercised 250,000 Restricted Stock Units into 250,000 shares of Class B common stock. These RSUs were part of a grant from August 7, 2025 that generally vests in equal quarterly installments over five years, and this installment vested on August 7, 2026.
What indirect Paramount Skydance (PSKY) holdings does David Ellison report?
The Form 4 lists 76,210,742 Class B shares held indirectly by Skydance Entertainment Group, LLC, of which David Ellison is the manager. These shares are reported as indirect ownership, reflecting holdings through that entity rather than directly in his own name.
How many Paramount Skydance (PSKY) RSUs remain after this transaction?
After the reported RSU vesting and exercise, the filing shows 4,000,000 Restricted Stock Units remaining. These RSUs stem from an award initially granted on August 7, 2025, which generally vests in equal quarterly installments over a five-year period.
Was the Paramount Skydance (PSKY) CEO’s transaction under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is not marked as affirming a trading plan for these transactions. The footnotes describe vesting-related issuances and tax withholding but do not indicate that a pre-arranged Rule 10b5-1 trading plan governed the reported activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
