Paramount Skydance EVP exercises RSUs, pays taxes
Paramount Skydance Corp EVP, Controller & CAO Katherine Gill Charest reported multiple equity award vestings and related share issuances.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
73,013 shares exercised/converted
Exercise
13 txns
Insider
Gill Charest Katherine
Role
EVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,382 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 8,174 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 18,392 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 32,588 | $0.00 | $0.00 |
| Exercise | Class B common stock | 32,588 | $0.00 | $0.00 |
| Exercise | Class B common stock | 18,392 | $0.00 | $0.00 |
| Exercise | Class B common stock | 8,174 | $0.00 | $0.00 |
| Exercise | Class B common stock | 4,382 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class B common stock | 22,906 | $13.51 | $309K |
| Exercise | Restricted Stock Units | 9,477 | $0.00 | $0.00 |
| Exercise | Class B common stock | 9,477 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class B common stock | 3,588 | $13.51 | $48K |
| holding | Class B common stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 83,568 contracts (Direct);
Class B common stock — 68,584 shares (Direct);
Class B common stock — 420 shares (Indirect, By 401(k))
Footnotes (7)
- F1. 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.
- 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. 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.
- F5. 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.
- F6. 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.
- F7. 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.
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 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.
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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
