Byrne Barbara M 4

What Happened

• Director Barbara M. Byrne was credited with 34 shares of Paramount Skydance Corp Class B common stock on March 1, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (total reported cost $0) because these shares represent dividend equivalents reinvested from previously vested restricted stock units.
• The shares have not been delivered to Byrne because she elected to defer receipt. The filing notes the last business-day closing price on Feb 27, 2026 was $13.51 per share, implying an approximate market value of $459 for the 34 shares (34 × $13.51).

Key Details

• Transaction date: 2026-03-01
• Transaction type/code: Award/Acquisition (A); price reported $0.00 per share
• Shares involved: 34 Class B common shares
• Estimated market value (per filing footnote reference): ~$459 (based on $13.51 close on 2026-02-27)
• Shares received: Not yet delivered — director elected to defer receipt
• Shares owned after transaction: Not stated in the Form 4 summary provided
• Filing timeliness: Report filed 2026-03-03 for a 2026-03-01 transaction (appears timely under Form 4 reporting rules)

Context

• These shares come from dividend equivalents on previously vested restricted stock units that were reinvested; this is not a cash purchase or an option exercise. Such reinvestments and deferrals are routine and do not necessarily indicate a change in the insider’s view of the company.