Gill Charest Katherine 4

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.