Hamill Justin 4

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.