Paramount Skydance Corp·4

Jun 4, 4:56 PM ET

Gill Charest Katherine 4

4 · Paramount Skydance Corp · Filed Jun 4, 2026

Research Summary

AI-generated summary of this filing

Updated

Paramount Skydance (PSKY) EVP Katherine Gill Charest Receives RSUs

What Happened

  • Katherine Gill Charest, EVP, Controller & CAO of Paramount Skydance (PSKY), had 7,969 restricted stock units (RSUs) vest on June 2, 2026. The RSUs converted to 7,969 shares (exercise/conversion code M) at $0 exercise price. To satisfy tax withholding, 4,069 shares were withheld (code F) at the closing market price of $10.78, generating approximately $43,864 to cover tax liability. The remaining 3,900 shares were delivered to her.

Key Details

  • Transaction date: June 2, 2026 (filed on June 4, 2026) — filing appears timely.
  • Vesting/Conversion: 7,969 shares issued upon RSU vesting (exercise/conversion, code M) at $0 exercise price.
  • Tax withholding: 4,069 shares withheld to satisfy tax liability (code F) at $10.78/share, value ≈ $43,864. These shares were withheld by the issuer and not sold on the open market (per footnote F3).
  • Net shares delivered: 3,900 shares (7,969 issued − 4,069 withheld).
  • Footnotes: RSUs were granted March 2, 2026 and vest quarterly over three years (F1); some shares may reflect dividend reinvestment program rules meeting Rule 16a-11 (F2).
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context

  • This was not an open-market sale or purchase; it was RSU vesting with issuer withholding to cover taxes (a common, non-speculative administrative action).
  • For retail investors, awards/vesting are routine compensation events and do not necessarily signal a change in the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-06-02
Gill Charest Katherine
EVP, Controller & CAO
Transactions
  • Exercise/Conversion

    Class B common stock

    [F1][F2]
    2026-06-02+7,96976,919 total
  • Tax Payment

    Class B common stock

    [F3]
    2026-06-02$10.78/sh4,069$43,86472,850 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-06-027,96987,659 total
    Class B common stock (7,969 underlying)
Holdings
  • Class B common stock

    (indirect: By 401(k))
    422
Footnotes (3)
  • [F1]The shares identified in Table I were issued on June 2, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on March 2, 2026 and generally vest in equal quarterly installments over a three-year period. On June 2, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.78 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|2026-06-04

Documents

1 file
  • 4
    doc4.xmlPrimary