Paramount Skydance (PSKY) Director CATZ SAFRA Receives 46,893 Shares

What Happened

• CATZ SAFRA, a director of Paramount Skydance Corp (PSKY), received 46,893 shares on July 21, 2026 upon vesting of previously granted RSUs (grant date Aug 7, 2025). The filing shows these shares were issued at $0.00; using the July 21 close of $8.53 per share (per the filing), the market value of the issued shares is approximately $400,000.
• The filing also records an exercise/conversion (transaction code M) of 25,000 derivative units on July 21, 2026 (acquired at $0.00) and a simultaneous disposition of 25,000 derivative units (also $0.00). The filing does not specify the reason for the disposition.

Key Details

• Transaction date: July 21, 2026; Form 4 filed July 23, 2026 (timely filing).
• Prices reported: $0.00 per share for the award and conversions; filing lists the market close at $8.53 on the transaction date (used to estimate market value).
• Estimated market value: 46,893 shares × $8.53 ≈ $400,000; 25,000 shares × $8.53 ≈ $213,250 (for reference).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 notes shares were issued upon vesting of RSUs granted Aug 7, 2025 and cites the $8.53 close; F2 confirms each RSU equals one share; F3 describes future RSU vesting timing/options (earlier of 2027 Annual Meeting or July 21, 2027) if director defers receipt.

Context

• This was an RSU vesting/issuance (award) and a derivative conversion/exercise, not an open-market purchase. Awards and conversions are commonly compensation-related and do not necessarily indicate a buy/sell market signal.
• Transaction codes: A = award/grant (RSU issuance); M = exercise/conversion of a derivative. The filing provides no detail on whether the 25,000-unit disposition was for sale, withholding, or another purpose.