SEC Form 4 · accession 0001225208-26-006728
Paramount Skydance Corp · PSKY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald J. Cardinale
Director
Period of report
Jul 21, 2026
Accepted (ET)
Jul 23, 2026 · 6:04 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 | Jul 21, 2026 | M | 25,000 | $0.00 | A | 25,000 | D | |
| Class B common stockF2 | holding | — | — | — | 21,208,559 | I | By RB Maverick LLC | |
| Class B common stockF3 | holding | — | — | — | 83,640,992 | I | By RB Tentpole Holdings LP |
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 21, 2026 | M | 25,000 | D | — | — | Class B common stock | 25,000 | 0 | D |
| Restricted Stock Units.F4,F5 | — | Jul 21, 2026 | A | 46,893 | A | — | — | Class B common stock | 46,893 | 46,893 | D |
Explanation of responses
- F1The shares identified in Table I were issued on July 21, 2026, upon vesting of the Restricted Stock Units ("RSUs") identified in Table II, which were granted on August 7, 2025. On July 21, 2026 the closing price of the Class B common stock on The NASDAQ Global Select Market was $8.53 per share.
- F2These securities are held directly by RB Maverick LLC, and may also be deemed to be beneficially owned by the Reporting Person who is the sole member of the general partner of RedBird Capital Partners L.P., which indirectly controls RB Maverick LLC. The Reporting Person's prior Form 4 filed on August 7, 2025 overstated the number of shares of Class B Common Stock beneficially owned by RB Maverick LLC, which has been corrected herein.
- F3These securities are held directly by RB Tentpole Holdings LP, and may also be deemed to be beneficially owned by the Reporting person, who is the sole member of the general partner of RedBird Capital Partners L.P., which indirectly controls RB Tentpole Holdings LP.
- F4Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.
- F5These RSUs will generally vest on the earlier of (i) the date of the Issuer's 2027 Annual Meeting of Stockholders and (ii) July 21, 2027, and a corresponding number of shares of Class B common stock will be delivered on the vesting date, unless the director has elected to defer receipt.