Gill Charest Katherine 4

What Happened

• Katherine Gill Charest, EVP, Controller & CAO of Paramount Skydance Corp (PSKY), received shares when multiple restricted stock unit (RSU) awards vested on Feb 28 and Mar 1, 2026. A total of 73,013 shares were issued upon vesting (conversion of derivative securities). Of those, 26,494 shares were withheld by the company to satisfy tax withholding (codes: M = exercise/conversion of derivative; F = payment of tax liability). The withholding satisfied $357,934 in tax liability based on the closing price of $13.51 per share on Feb 27, 2026. Net shares issued to her after withholding were 46,519, with the total vested value at that price roughly $986k.

Key Details

• Transaction dates: Feb 28, 2026 and Mar 1, 2026. Filing date: Mar 3, 2026.
• Shares issued (vested): 73,013 total (9,477 on Feb 28; 63,536 on Mar 1).
• Shares withheld for taxes: 26,494 (3,588 at $13.51 = $48,474; 22,906 at $13.51 = $309,460). Withheld shares were not sold on the open market (footnote F3).
• Net shares retained by insider after withholding: 46,519 (approx. $628k at $13.51).
• Footnotes detail which grants vested (RSUs from 2022–2025 grant dates) and confirm the $13.51 per-share price used for tax withholding (last business day close, Feb 27, 2026).
• Filing includes Exhibit 24 (Power of Attorney). The filing does not flag a late report.

Context

• These transactions reflect RSU vesting and conversion to common shares rather than open-market purchases or discretionary sales. The “M” entries reflect conversion/exercise of derivative awards (RSUs); the “F” entries reflect company withholding of shares to cover tax obligations — a routine administrative step that does not indicate an open-market sale.
• The filing does not disclose total shares Ms. Charest owned after these transactions; ownership after the transaction is not stated in the Form 4.