SEC Form 4 · accession 0001225208-26-006651
Paramount Skydance Corp · PSKY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Cinelli
Officer — Chief Financial Officer
Period of report
Jul 15, 2026
Accepted (ET)
Jul 17, 2026 · 4:53 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002041610
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B common stockF1,F2 | Jul 15, 2026 | M | 187,500 | $0.00 | A | 292,633 | D | |
| Class B common stockF3 | Jul 15, 2026 | F | 95,401 | $9.25 | D | 197,232 | D | |
| Class B common stock | holding | — | — | — | 28,112 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jul 15, 2026 | M | 187,500 | D | — | — | Class B common stock | 187,500 | 3,375,000 | D |
Explanation of responses
- F1The shares identified in Table I were issued on July 15, 2026, upon vesting of an installment of Restricted Stock Units ("RSUs") identified in Table II, which were initially granted on January 15, 2026 and generally vest in equal quarterly installments over a five-year period. On July 15, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $9.25 per share.
- F2Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- F3These shares were withheld by the Issuer to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs, and were not actually sold or otherwise disposed of in an open-market transaction.