Byrne Barbara M 4

What Happened

• Barbara M. Byrne, a director of Paramount Skydance Corp (PSKY), had restricted stock units (RSUs) vest on July 2, 2026. The filing reports 16,340 shares were converted/acquired from derivatives (RSU conversion) and 315 shares were issued for dividend equivalents, all reported with $0.00 purchase price. At the July 2, 2026 closing price of $10.39, the vested shares are worth approximately $169,773 and the dividend-equivalent shares about $3,273 (total ≈ $173,046). The filing also shows a simultaneous derivative “disposition” of 16,340 shares (reported at $0.00); the Form 4 does not specify the reason for that disposition.

Key Details

• Transaction date: July 2, 2026. Reported filing date: July 7, 2026 (appears one business day after the 2-business-day Form 4 deadline).
• Reported price: $0.00 (shares issued upon vesting/award). Market close price used in footnotes: $10.39/share.
• Shares: 16,340 shares converted/acquired (RSU vesting) + 315 shares from reinvested dividend equivalents. Approximate market value at $10.39: $169,773 and $3,273 respectively.
• Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for total holdings.
• Footnotes: RSUs were granted on July 2, 2025 and vested on July 2, 2026; dividend equivalents accrued on the RSUs were reinvested into 315 shares upon vesting.
• Filing timeliness: filed July 7, 2026 for a July 2 transaction (appears late by one business day).

Context

• These entries reflect RSU vesting and dividend-equivalent issuance (an award), not an open-market purchase or a voluntary sale. Conversion/exercise of RSUs is typically a routine compensation event; the filing’s simultaneous acquisition and disposition of the same number of shares is reported but not explained in the footnotes. For full details (total post-transaction holdings and any tax-withholding or share-surrender explanations), consult the complete Form 4 filing (Accession 0001225208-26-006532).