Skydance CFO receives 187,500 shares as award vests

The issuer withheld 95,401 shares for tax liability; the withheld shares were not sold in an open-market transaction.

Rhea-AI Filing Summary

Skydance Corp (PSKY) Chief Financial Officer Dennis Cinelli had an installment of 187,500 Restricted Stock Units vest on October 15, 2026, and 187,500 Class B common shares were issued. The RSUs were initially granted on January 15, 2026 and generally vest in equal quarterly installments over five years.

The issuer withheld 95,401 shares to satisfy tax liability incident to vesting and delivery; those shares were not sold in an open-market transaction. Class B common stock closed at $7.26 per share that day. No Rule 10b5-1 plan is reported. The reported post-transaction RSU position was 3,187,500 units, and Cinelli also reported 28,112 Class B shares held indirectly through an IRA.

Insider Trade Summary

187,500 shares exercised/converted

Exercise 4 txns

Insider Cinelli Dennis

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1	187,500	$0.00	$0.00
Exercise	Class B common stock F1, F2	187,500	$0.00	$0.00
Tax Withholding	Class B common stock F3	95,401	$7.26	$693K
holding	Class B common stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 3,187,500 contracts (Direct); Class B common stock — 290,357 shares (Direct); Class B common stock — 28,112 shares (Indirect, By IRA)

Footnotes (3)

1. F1. The shares identified in Table I were issued on October 15, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on January 15, 2026 and generally vest in equal quarterly installments over a five-year period. On October 15, 2026, the closing price of the Class B common stock on the New York Stock Exchange was $7.26 per share.
2. F2. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
3. 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.

Key Figures

Restricted Stock Units vested: 187,500 units Class B common shares issued: 187,500 shares Shares withheld for tax liability: 95,401 shares +3 more

6 metrics

Restricted Stock Units vested 187,500 units Installment vested October 15, 2026

Class B common shares issued 187,500 shares Issued upon vesting on October 15, 2026

Shares withheld for tax liability 95,401 shares Withheld by the issuer upon vesting and delivery

Class B common stock closing price $7.26 per share October 15, 2026

Restricted Stock Units following transaction 3,187,500 units Reported position after the October 15, 2026 transaction

Class B common shares held indirectly through an IRA 28,112 shares Reported holding

Key Terms

Restricted Stock Units, dividend reinvestment program, Rule 16a-11

3 terms

Restricted Stock Units financial

"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

"pursuant to a dividend reinvestment program"

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

"meeting the requirements of Rule 16a-11"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did PSKY Chief Financial Officer Dennis Cinelli receive?

Cinelli received 187,500 Class B common shares when an installment of his Restricted Stock Units vested on October 15, 2026. The RSUs were initially granted on January 15, 2026 and generally vest in equal quarterly installments over five years.

How many shares were withheld from Dennis Cinelli for taxes?

The issuer withheld 95,401 shares to satisfy tax liability incident to vesting and delivery of the RSUs. The shares were not sold or otherwise disposed of in an open-market transaction. Class B common stock closed at $7.26 per share on October 15, 2026.

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

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Available on EDGAR 10/19/2026 - 05:24 PM EDT Accepted by SEC EDGAR 10/19/2026 - 05:24 PM EDT Learn about SEC filing dates

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

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^*

Cinelli Dennis

(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
Skydance Corp [ SKYD ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class B common stock	10/15/2026		M		187,500(1)	A	$0(1)	385,758(2)	D
Class B common stock	10/15/2026		F		95,401(3)	D	$7.26	290,357	D
Class B common stock								28,112	I	By IRA

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)	10/15/2026		M			187,500	(1)	(1)	Class B common stock	187,500	$0.0000	3,187,500	D

Explanation of Responses:

1. The shares identified in Table I were issued on October 15, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on January 15, 2026 and generally vest in equal quarterly installments over a five-year period. On October 15, 2026, the closing price of the Class B common stock on the New York Stock Exchange was $7.26 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.

	/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact	10/19/2026
	** Signature of Reporting Person	Date
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)