Skydance Corp: chief legal officer Delrahim Makan received 1,283,334 shares

What happened

• The filing reports that Delrahim Makan, chief legal officer, acquired a total of 1,283,334 shares through a combination of derivative exercise/conversion and grants on Oct 6, 2026. The filing lists acquisition prices of $0.00 for each transaction and a reported disposition of 150,000 derivative shares at $0.00.

Key details

• Transaction date: Oct 6, 2026.
• Transactions reported:
  • Exercised/converted derivative (code M): acquired 150,000 shares at $0.00.
  • Exercised/converted derivative (code M): disposed 150,000 shares (derivative) at $0.00.
  • Grant/award (code A): acquired 91,667 shares at $0.00.
  • Grant/award (code A): acquired 1,041,667 shares at $0.00.
• Filing date: Oct 8, 2026.
• Shares owned after the transaction: not stated in the provided filing details.
• Footnotes from the filing:
  • The 150,000 shares in Table I were issued on Oct 6, 2026 upon vesting of RSUs initially granted on Oct 6, 2025; those RSUs generally vest in equal quarterly installments over a five-year period. The closing price on the NYSE on Oct 6, 2026 was $9.53 per share. (F1)
  • Includes shares acquired periodically under a dividend reinvestment program meeting Rule 16a-11. (F2)
  • The 91,667 RSUs generally vest in equal quarterly installments over a 3-year period commencing Oct 6, 2026. (F3)
  • The 1,041,667 RSUs generally vest in equal quarterly installments over a 5-year period commencing Oct 6, 2026. (F4)

Why it may matter

• The filing shows an exercise/conversion of a derivative for 150,000 shares and multiple RSU grants/vests totaling 1,133,334 RSU-related shares; the transactions are reported as acquisitions and one derivative disposition.
• These RSUs have scheduled vesting terms (equal quarterly installments over 3 years and 5 years as noted above), and one installment vested on Oct 6, 2026 with a reported NYSE closing price of $9.53 on that date.
• This filing does not show why the insider traded or why the company acted.