SHELL JEFF 4

4 · Paramount Skydance Corp · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

Paramount Skydance (PSKY) President Jeff Shell Receives 250,000 Shares

What Happened

Jeff Shell, President and a Director of Paramount Skydance Corp (PSKY), had 250,000 restricted stock units (RSUs) vest on Feb 7, 2026, resulting in issuance/conversion to 250,000 shares (coded M, $0.00 per share). To satisfy tax withholding, 116,671 of those shares were withheld at the Feb 6, 2026 closing price of $10.56 per share, representing about $1,232,046 (coded F). The withheld shares were not sold on the open market.

Key Details

Transaction date: February 7, 2026; filing date: February 10, 2026.
Vesting/issuance: 250,000 shares issued upon RSU vesting (code M) at $0.00 exercise price.
Tax withholding: 116,671 shares withheld (code F) at $10.56 closing price on Feb 6, 2026 (~$1,232,046); withholding was to cover withholding tax and not an open-market sale (footnote F3).
Net shares retained from this vesting: 133,329 shares (250,000 issued − 116,671 withheld).
Footnotes: F1 — RSUs granted Aug 7, 2025, vest quarterly over five years; F2 — ownership may include dividend reinvestment; F3 — withheld shares satisfy tax liability and were not sold.
Total shares owned after the transaction are not specified in the provided data (the 133,329 above is the net from this vesting).

Context

This was a routine RSU vesting/award event (not a market purchase or sale). Code M indicates conversion/issuance of derivative awards into common stock; code F indicates shares withheld for taxes. Withholding of shares to meet tax obligations is common and does not necessarily signal a change in insider sentiment.

Form 4

Period: 2026-02-07

DirectorPresident

Transactions

Exercise/Conversion
Class B common stock
[F1][F2]
2026-02-07+250,000→ 383,496 total
Tax Payment
Class B common stock
[F3]
2026-02-07$10.56/sh−116,671$1,232,046→ 266,825 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-02-07−250,000→ 4,500,000 total
→ Class B common stock (250,000 underlying)

Footnotes (3)

[F1]The shares identified in Table I were issued on February 7, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on August 7, 2025 and generally vest in equal quarterly installments over a five-year period. On February 6, 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 $10.56 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.

Signature

/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact|2026-02-10

1 file