4//SEC Filing
CHEEKS GEORGE 4
Accession 0000950170-25-106670
CIK 0002041610other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:16 PM ET
Size
12.1 KB
Accession
0000950170-25-106670
Insider Transaction Report
Form 4
CHEEKS GEORGE
Office of the CEO
Transactions
- Award
Restricted Share Units
2025-08-07+465,549→ 465,549 total→ Class B Common Stock (465,549 underlying) - Disposition to Issuer
Class B Common Stock
2025-08-07−488,876→ 0 total - Disposition to Issuer
Restricted Share Units
2025-08-07−465,549→ 0 total→ Class B Common Stock (465,549 underlying) - Award
Class B Common Stock
2025-08-07+191,024→ 191,024 total
Footnotes (5)
- [F1]On August 7, 2025, the previously announced transactions contemplated by the transaction agreement, dated as of July 7, 2024 ("Transaction Agreement"), by and among: Skydance Media, LLC ("Skydance"), Paramount Global, Paramount Skydance Corporation (f/k/a New Pluto Global, Inc.) ("Paramount Skydance"), and the other parties thereto were completed. Pursuant to the terms of the Transaction Agreement, in a series of transactions, each of Paramount Global and Skydance merged into subsidiaries of Paramount Skydance.
- [F2]Represents the disposition of shares of Paramount Global common stock and the acquisition of shares of Paramount Skydance common stock. Pursuant to the terms of the Transaction Agreement, each share of Paramount Global Class B common stock converted into the right to receive one share of Paramount Skydance Class B common stock, or at the election of the holder of such share, cash in the amount of $15.00 per share, subject to pro ration as set forth in the Transaction Agreement.
- [F3]Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.
- [F4]Represents the disposition of Paramount Global restricted share units ("RSUs") and the acquisition of Paramount Skydance RSUs assumed by Paramount Skydance pursuant to the terms of the Transaction Agreement.
- [F5]These RSUs will vest in three equal annual installments beginning on March 1, 2026, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
Documents
Issuer
Paramount Skydance Corp
CIK 0002041610
Entity typeother
Related Parties
1- filerCIK 0001852938
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:16 PM ET
- Size
- 12.1 KB