4Filed Aug 10, 8:00 PM ET

Paramount Skydance (PSKY) COO Brandon-Gordon Receives 200,000 Shares

$PSKY · Paramount Skydance Corp

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Paramount Skydance (PSKY) COO Brandon-Gordon Receives 200,000 Shares

What Happened
Brandon‑Gordon Andrew Mark, Chief Strategy Officer and COO (also a director) of Paramount Skydance Corp, had an installment of Restricted Stock Units (RSUs) vest on Aug 7, 2026 and received 200,000 shares (recorded as conversion/exercise of a derivative at $0.00). The issuer withheld 101,760 of those shares to cover tax withholding at the closing price of $9.19 on Aug 7, 2026, a withholding value of about $935,174. Net shares delivered to him after withholding were 98,240. This was an RSU vesting/tax‑withholding event, not an open‑market sale or cash purchase.

Key Details

  • Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (Period of Report: Aug 7, 2026).
  • Shares issued on vesting: 200,000; exercise/conversion price recorded $0.00.
  • Tax withholding: 101,760 shares withheld at $9.19/share = ~$935,174 (withheld shares were not sold in the market).
  • Net shares delivered to insider: 98,240 (200,000 − 101,760).
  • Codes: M = exercise/conversion of derivative (RSU conversion); F = payment of exercise price or tax liability (share withholding).
  • Footnotes: RSUs were granted Aug 7, 2025 and vest in equal quarterly installments over five years. The withheld shares were retained by the issuer to satisfy tax liabilities (not an open‑market sale).
  • Shares owned after transaction: not specified in the filing.

Context
This was a routine RSU vesting and tax‑withholding event (a common form of executive compensation). The issuer’s withholding is effectively a cashless way to cover taxes and should not be interpreted as an open‑market sale. For retail investors, outright purchases by insiders can be a stronger signal than routine vesting; this filing documents compensation delivery and tax withholding rather than a market directional trade.