Hamill Justin 4
4 · Paramount Skydance Corp · Filed Jul 23, 2026
Research Summary
AI-generated summary of this filing
Paramount Skydance (PSKY) Director Justin Hamill Receives Award
What Happened
- Justin Hamill, a director of Paramount Skydance Corp (PSKY), had RSUs vest on July 21, 2026 that resulted in the issuance of 46,893 shares of Class B common stock (reported as an acquisition, A) at $0.00 per share. Using the July 21 closing price of $8.53, those shares have a market value of roughly $400,000.
- The filing also records an exercise/conversion of 25,000 derivative units (M) on the same date: 25,000 shares were recorded as acquired at $0.00 and the same 25,000 shares were immediately disposed as a derivative (reported at $0.00).
Key Details
- Transaction date: July 21, 2026; Form 4 filed July 23, 2026 (timely filing).
- Issued/Acquired: 46,893 shares (A) at $0.00; market value ≈ 46,893 × $8.53 ≈ $400,000.
- Exercise/Conversion + Disposition: 25,000 shares (M) acquired at $0.00 and 25,000 shares disposed (derivative) at $0.00 — reported as a conversion/exercise with an immediate disposition.
- Shares owned after transaction: not specified in the Form 4.
- Footnotes: F1 confirms the shares in Table I were issued July 21, 2026 upon vesting of RSUs granted Aug 7, 2025 and cites the $8.53 closing price; F2 notes each RSU equals one share; F3 summarizes the RSU vesting schedule (generally the earlier of the 2027 annual meeting or July 21, 2027, unless deferred).
Context
- These entries reflect RSU vesting and a conversion/exercise with an immediate disposition of a portion of the shares (a reporting pattern commonly associated with withholding to satisfy tax obligations), not an open-market buy or sell. Awards/vestings are routine compensation events and do not necessarily signal insider sentiment about the company.
Insider Transaction Report
Form 4
Hamill Justin
Director
Transactions
- Exercise/Conversion
Class B common stock
[F1]2026-07-21+25,000→ 25,000 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-07-21−25,000→ 0 total→ Class B common stock (25,000 underlying) - Award
Restricted Stock Units.
[F2][F3]2026-07-21+46,893→ 46,893 total→ Class B common stock (46,893 underlying)
Footnotes (3)
- [F1]The shares identified in Table I were issued on July 21, 2026, upon vesting of the Restricted Stock Units ("RSUs") identified in Table II, which were granted on August 7, 2025. On July 21, 2026 the closing price of the Class B common stock on The NASDAQ Global Select Market was $8.53 per share.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.
- [F3]These RSUs will generally vest on the earlier of (i) the date of the Issuer's 2027 Annual Meeting of Stockholders and (ii) July 21, 2027, and a corresponding number of shares of Class B common stock will be delivered on the vesting date, unless the director has elected to defer receipt.
Signature
/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact|2026-07-23