Paramount Skydance (NASDAQ: PSKY) EVP gains Class B shares via RSUs

Rhea-AI Filing Summary

Paramount Skydance Corp EVP, Controller & CAO Katherine Gill Charest reported multiple equity award vestings and related share issuances. On February 28, 2026 and March 1, 2026, Restricted Stock Units converted into shares of Class B common stock at a stated price of $13.51 per share for valuation purposes.

To cover tax liabilities from these RSU vestings, the company withheld 22,906 and 3,588 Class B shares, respectively, at $13.51 per share; the filing notes these were not open‑market sales but tax-withholding dispositions. After these transactions, Charest directly holds 68,584 Class B shares and indirectly holds 420 shares through a 401(k) plan.

SEC Form 4

FORM 4

UNITED 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

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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^*

Gill Charest Katherine

(Last) (First) (Middle)

1515 BROADWAY

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Paramount Skydance Corp [ PSKY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class B common stock	02/28/2026		M		9,477(1)	A	$0(1)	31,542(2)	D
Class B common stock	02/28/2026		F		3,588(3)	D	$13.51	27,954	D
Class B common stock	03/01/2026		M		32,588(4)	A	$0(4)	60,542	D
Class B common stock	03/01/2026		M		18,392(5)	A	$0(5)	78,934	D
Class B common stock	03/01/2026		M		8,174(6)	A	$0(6)	87,108	D
Class B common stock	03/01/2026		M		4,382(7)	A	$0(7)	91,490	D
Class B common stock	03/01/2026		F		22,906(3)	D	$13.51	68,584	D
Class B common stock								420	I	By 401(k)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/28/2026		M			9,477	(1)	(1)	Class B common stock	9,477	$0.0000	0.0000	D
Restricted Stock Units	(7)	03/01/2026		M			4,382	03/01/2023(7)	(7)	Class B common stock	4,382	$0.0000	0.0000	D
Restricted Stock Units	(6)	03/01/2026		M			8,174	03/01/2024(6)	(6)	Class B common stock	8,174	$0.0000	0.0000	D
Restricted Stock Units	(5)	03/01/2026		M			18,392	03/01/2025(5)	(5)	Class B common stock	18,392	$0.0000	18,391	D
Restricted Stock Units	(4)	03/01/2026		M			32,588	03/01/2026(4)	(4)	Class B common stock	32,588	$0.0000	65,177	D

Explanation of Responses:

1. The shares identified in Table I were issued on February 28, 2026, upon vesting of the Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on March 1, 2023. On February 27, 2026, the last business day preceding the date of vesting, the closing price of the Class B common stock on The NASDAQ Global Select Market was $13.51 per share.

2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.

3. 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.

4. The shares identified in Table I were issued on March 1, 2026, upon vesting of the first of three equal annual installments of the RSUs identified in Table II, which were initially granted on February 3, 2025. On February 27, 2026, the last business day preceding the date of vesting, the closing price of the Class B common stock on The NASDAQ Global Select Market was $13.51 per share.

5. The shares identified in Table I were issued on March 1, 2026, upon vesting of the second of three equal annual installments of the RSUs identified in Table II, which were initially granted on March 1, 2024. On February 27, 2026, the last business day preceding the date of vesting, the closing price of the Class B common stock on The NASDAQ Global Select Market was $13.51 per share.

6. The shares identified in Table I were issued on March 1, 2026, upon vesting of the last of three equal annual installments of the RSUs identified in Table II, which were initially granted on March 1, 2023. On February 27, 2026, the last business day preceding the date of vesting, the closing price of the Class B common stock on The NASDAQ Global Select Market was $13.51 per share.

7. The shares identified in Table I were issued on March 1, 2026, upon vesting of the last of four equal annual installments of the RSUs identified in Table II, which were initially granted on March 1, 2022. On February 27, 2026, the last business day preceding the date of vesting, the closing price of the Class B common stock on The NASDAQ Global Select Market was $13.51 per share.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did PSKY executive Katherine Gill Charest report?

Katherine Gill Charest reported Restricted Stock Units vesting into Class B common stock and related tax-share withholdings. RSU conversions on February 28 and March 1, 2026 increased her holdings, while some shares were withheld by the issuer to satisfy tax obligations tied to those vestings.

How many Paramount Skydance (PSKY) shares does the EVP hold after these Form 4 transactions?

After the reported transactions, Katherine Gill Charest directly holds 68,584 shares of Paramount Skydance Class B common stock. She also indirectly holds 420 additional shares through a 401(k) plan, reflecting both RSU vestings and shares withheld for tax payments in late February and early March 2026.

Were any of the PSKY Form 4 transactions open-market stock sales?

The filing states that shares labeled with code F were withheld by the issuer solely to cover tax liabilities from RSU vesting. It explicitly notes these tax-withholding dispositions were not actually sold or otherwise disposed of in open-market transactions at the time of the reported events.

What price per share was used for PSKY’s RSU vesting and tax withholding?

The filing references a Class B common stock closing price of $13.51 per share on February 27, 2026. This price was used in connection with RSU vesting valuations and for calculating the value of shares withheld to satisfy associated tax liabilities on the reported vesting dates.

What types of securities were involved in Katherine Gill Charest’s PSKY Form 4?

The transactions involved Restricted Stock Units and Paramount Skydance Class B common stock. RSUs were exercised or converted into Class B shares, and some of those resulting shares were withheld by the issuer to pay tax obligations, rather than being sold in the open market.

Does the PSKY Form 4 indicate buying or selling by the EVP in the market?

The Form 4 reflects derivative exercises of Restricted Stock Units into Class B common stock and share withholdings for taxes. It does not report open-market purchases or sales; tax-withholding dispositions are specifically described as not being open-market transactions involving third-party buyers or sellers.