Paramount Skydance (PSKY) EVP Katherine Gill Charest Receives 7,969 RSUs

What Happened Katherine Gill Charest, EVP, Controller & CAO of Paramount Skydance Corp (PSKY), had an installment of Restricted Stock Units (RSUs) vest on September 2, 2026. The RSU conversion resulted in 7,969 Class B shares being issued (reported as derivative conversion). Of those, 4,069 shares were withheld by the issuer to satisfy tax withholding (value withheld reported as $44,637 based on the $10.97 closing price), leaving a net of 3,900 shares issued to the insider. The issuance had an approximate market value of $87,420 at the Sept. 2 closing price.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04 (timely filing).
• Primary actions reported:
  • M (Exercise/conversion of derivative): 7,969 shares acquired via RSU vesting (reported at $0 exercise price).
  • F (Tax withholding): 4,069 shares withheld/disposed at $10.97 each to cover tax liability (withheld value $44,637).
  • A corresponding derivative position was terminated/converted (7,969 shares, reported as disposed for the derivative instrument).
• Closing price used: $10.97 per share on NASDAQ Global Select Market (Sept. 2, 2026).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Shares issued upon vesting of RSUs granted Mar. 2, 2026; vest quarterly over three years.
  • F2: Includes shares acquired via a dividend reinvestment program (per Rule 16a-11).
  • F3: Shares withheld to satisfy tax liability were surrendered to the issuer and were not sold in the open market.

Context This was an RSU vesting event (award conversion), not a market purchase or open-market sale. The withholding of shares to cover taxes is a routine administrative step (not an open-market sale) and is commonly reported as a disposition under tax-withholding code F. Net new shares added to the insider’s holdings equal the issued shares minus the withheld shares (7,969 − 4,069 = 3,900).