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Paramount Skydance (NASDAQ: PSKY) director receives 25,000 shares, 46,893 RSUs

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

Paramount Skydance Corp director Paul T. Marinelli reported equity compensation changes dated July 21, 2026. 25,000 Restricted Stock Units vested, delivering 25,000 shares of Class B common stock when the stock closed at $8.53 per share. He also received a new grant of 46,893 RSUs, each representing one Class B share, generally vesting on the earlier of the 2027 annual meeting and July 21, 2027. Company disclosures indicate the Rule 10b5-1 trading plan checkbox was not marked for these transactions.

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Insider Marinelli Paul T
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units F1 25,000 $0.00 $0.00
Grant/Award Restricted Stock Units. F2, F3 46,893 $0.00 $0.00
Exercise Class B common stock F1 25,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Restricted Stock Units. — 46,893 shares (Direct); Class B common stock — 25,000 shares (Direct)
Footnotes (3)
  1. F1. The shares identified in Table I were issued on July 21, 2026, upon vesting of the Restricted Stock Units ("RSUs") identified in Table II, which were granted on August 7, 2025. On July 21, 2026 the closing price of the Class B common stock on The NASDAQ Global Select Market was $8.53 per share.
  2. F2. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.
  3. F3. These RSUs will generally vest on the earlier of (i) the date of the Issuer's 2027 Annual Meeting of Stockholders and (ii) July 21, 2027, and a corresponding number of shares of Class B common stock will be delivered on the vesting date, unless the director has elected to defer receipt.
RSUs vested 25,000 RSUs Restricted Stock Units converted into Class B common stock on July 21, 2026
Shares issued on vesting 25,000 shares Class B common stock delivered upon RSU vesting for Paul T. Marinelli
New RSU grant 46,893 RSUs Restricted Stock Units awarded to Marinelli on July 21, 2026
Closing share price $8.53 per share Class B common stock closing price on July 21, 2026 on NASDAQ Global Select Market
RSU vesting date range Earlier of 2027 meeting or July 21, 2027 General vesting condition for the 46,893 RSU grant
Original RSU grant date August 7, 2025 Grant date of RSUs that vested into 25,000 Class B shares
Restricted Stock Units financial
"upon vesting of the 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.
Class B common stock financial
"one share of the Issuer's Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
The NASDAQ Global Select Market market
"closing price of the Class B common stock on The NASDAQ Global Select Market"
Annual Meeting of Stockholders financial
"the date of the Issuer's 2027 Annual Meeting of Stockholders"
contingent right financial
"Each RSU represents a contingent right to receive one share"

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

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FAQ

What insider transactions did PSKY director Paul T. Marinelli report on July 21, 2026?

Paul T. Marinelli reported vesting of 25,000 RSUs into 25,000 shares of Class B common stock and a new grant of 46,893 Restricted Stock Units. All events are dated July 21, 2026 and relate to Paramount Skydance Corp (PSKY).

How many PSKY shares did Marinelli receive from vested RSUs and at what reference price?

Marinelli received 25,000 shares of Class B common stock when 25,000 Restricted Stock Units vested. On July 21, 2026, the Class B common stock closed at $8.53 per share on The NASDAQ Global Select Market, as disclosed in the footnotes.

What is the size and structure of the new RSU grant reported by PSKY for Marinelli?

The new equity award consists of 46,893 Restricted Stock Units, each RSU representing a contingent right to receive one share of Paramount Skydance’s Class B common stock. This grant increases Marinelli’s derivative equity-based compensation position with the company.

When will Paul T. Marinelli’s 46,893 PSKY RSUs generally vest?

The 46,893 RSUs will generally vest on the earlier of the 2027 Annual Meeting of Stockholders and July 21, 2027. A corresponding number of Class B common shares will be delivered at vesting, unless Marinelli elects to defer receipt under the plan’s terms.

How many PSKY Class B shares does Marinelli hold directly after these transactions?

Following the July 21, 2026 transactions, Marinelli holds 25,000 shares of Paramount Skydance Class B common stock directly. These shares were issued upon vesting of 25,000 RSUs that had originally been granted on August 7, 2025.

Were Marinelli’s PSKY transactions executed under a Rule 10b5-1 trading plan?

The disclosure indicates the Rule 10b5-1 checkbox was not marked, meaning these July 21, 2026 transactions are not characterized as being under a Rule 10b5-1 trading plan. They are reported as equity compensation vesting and a new RSU grant.

What does each Restricted Stock Unit represent in Marinelli’s PSKY awards?

Each Restricted Stock Unit in Marinelli’s Paramount Skydance awards represents a contingent right to receive one share of the issuer’s Class B common stock. Delivery of the underlying shares generally occurs upon vesting, subject to any deferral election by the director.
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*
Marinelli Paul T

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026
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 stock07/21/2026M25,000(1)A$0(1)25,000D
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)07/21/2026M25,000 (1) (1)Class B common stock25,000$0.00000.0000D
Restricted Stock Units.(2)07/21/2026A46,893 (3) (3)Class B common stock46,893$0.000046,893D
Explanation of Responses:
1. The shares identified in Table I were issued on July 21, 2026, upon vesting of the Restricted Stock Units ("RSUs") identified in Table II, which were granted on August 7, 2025. On July 21, 2026 the closing price of the Class B common stock on The NASDAQ Global Select Market was $8.53 per share.
2. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.
3. These RSUs will generally vest on the earlier of (i) the date of the Issuer's 2027 Annual Meeting of Stockholders and (ii) July 21, 2027, and a corresponding number of shares of Class B common stock will be delivered on the vesting date, unless the director has elected to defer receipt.
/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact07/23/2026
** 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)