Paramount Skydance (PSKY) CLO Makan Delrahim receives 150,000 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paramount Skydance Corp Chief Legal Officer Makan Delrahim acquired 150,000 shares of Class B common stock through RSU vesting. The shares were issued on July 6, 2026 upon vesting of a Restricted Stock Unit installment that was originally granted on October 6, 2025 and generally vests in equal quarterly installments over five years.
Following this vesting event, Delrahim holds 387,093 shares of Class B common stock directly and 2,550,000 Restricted Stock Units. The footnotes note that some shares include amounts acquired through a dividend reinvestment program, and the Class B closing price on July 6, 2026 was $10.09 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
150,000 shares exercised/converted
Mixed
2 txns
Insider
Delrahim Makan
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 150,000 | $0.00 | -- |
| Exercise | Class B common stock | 150,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,550,000 shares (Direct, null);
Class B common stock — 387,093 shares (Direct, null)
Footnotes (1)
- The shares identified in Table I were issued on July 6, 2026, upon vesting of an installment of Restricted Stock Units 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 July 6, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.09 per share. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
Key Figures
Shares acquired via RSU vesting: 150,000 shares
Class B shares after transaction: 387,093 shares
Restricted Stock Units after transaction: 2,550,000 RSUs
+3 more
6 metrics
Shares acquired via RSU vesting
150,000 shares
Class B common stock issued July 6, 2026
Class B shares after transaction
387,093 shares
Direct Class B common stock holdings after July 6, 2026
Restricted Stock Units after transaction
2,550,000 RSUs
Derivative holdings following RSU vesting
Class B closing price
$10.09 per share
Closing price on July 6, 2026
RSU exercise price
$0.00 per share
Exercise or conversion price for vested RSUs
RSU grant date
October 6, 2025
Initial grant date of Restricted Stock Units
Key Terms
Restricted Stock Units, dividend reinvestment program, Rule 16a-11, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"The shares were issued upon vesting of an installment of Restricted Stock Units 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."
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
FAQ
What insider transaction did PSKY Chief Legal Officer Makan Delrahim report?
Makan Delrahim reported acquiring 150,000 shares of Paramount Skydance Class B common stock. The shares were issued on July 6, 2026 upon vesting of a Restricted Stock Unit installment originally granted on October 6, 2025 as part of his compensation.
What are Makan Delrahim’s PSKY holdings after this Form 4 transaction?
After the transaction, Delrahim directly holds 387,093 shares of Class B common stock and 2,550,000 Restricted Stock Units. These figures come from the post-transaction totals reported in the Form 4 tables for non-derivative and derivative securities, respectively.
Was the PSKY insider transaction an open-market buy or a compensation event?
The transaction was a compensation-related event, not an open-market buy. The Form 4 identifies code M for exercise or conversion of derivative securities, and footnotes explain the shares were issued upon vesting of Restricted Stock Units granted in October 2025.