Paramount Skydance Corp·4

Jun 8, 5:09 PM ET

Byrne Barbara M 4

Research Summary

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Paramount Skydance Director Barbara Byrne Receives 309 Shares

What Happened
Barbara M. Byrne, a director of Paramount Skydance Corp (PSKY), was credited with 309 shares of the issuer’s Class B common stock on June 4, 2026 as an award (transaction code A) at $0.00 per share. Using the June 4, 2026 closing price of $10.68, the grant’s implied market value is about $3,300. This issuance represents dividend equivalents on previously vested restricted stock units that were reinvested; Byrne elected to defer receipt, so the shares have not been delivered.

Key Details

  • Transaction date: June 4, 2026. Form 4 filed: June 8, 2026 (filed within the required two business days).
  • Transaction: Award/grant (A) of 309 Class B shares at $0.00 per share.
  • Implied value: 309 × $10.68 = $3,300.12 (based on NASDAQ closing price on 6/4/2026).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: Shares reflect reinvested dividend equivalents on vested RSUs; director elected to defer receipt, so although credited, shares have not been received.
  • Filing timeliness: Timely (not indicated as late).

Context: This was an administrative credit of shares tied to dividend equivalents on RSUs, not a market purchase or sale. Such awards are routine and do not by themselves signal a buy or sell decision by the insider.