DeDe Lea - 07 Aug 2025 Form 4 Insider Report for Paramount Skydance Corp (PSKY)

Role
EVP, Pub Pol'y & Gov Relations
Signature
/s/ Caryn K. Groce, Attorney-in-Fact for DeDe Lea
Issuer symbol
PSKY
Transactions as of
07 Aug 2025
Transactions value $
$0
Form type
4
Filing time
11 Aug 2025, 17:12:35 UTC
Previous filing
05 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lea DeDe EVP, Pub Pol'y & Gov Relations 1515 BROADWAY, NEW YORK /s/ Caryn K. Groce, Attorney-in-Fact for DeDe Lea 11 Aug 2025 0001347880

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSKY Class B Common Stock Disposed to Issuer -79,956 -100% 0 07 Aug 2025 Direct F1, F2
transaction PSKY Class B Common Stock Award +31,243 31,243 07 Aug 2025 Direct F1, F2, F3
transaction PSKY Class B Common Stock Disposed to Issuer -840 -100% 0 07 Aug 2025 By 401(k) F1, F2
transaction PSKY Class B Common Stock Award +840 840 07 Aug 2025 By 401(k) F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PSKY Restricted Share Units Disposed to Issuer -3,778 -100% 0 07 Aug 2025 Class B Common Stock 3,778 Direct F4, F5
transaction PSKY Restricted Share Units Award +3,778 3,778 07 Aug 2025 Class B Common Stock 3,778 Direct F4, F5
transaction PSKY Restricted Share Units Disposed to Issuer -9,396 -100% 0 07 Aug 2025 Class B Common Stock 9,396 Direct F4, F5
transaction PSKY Restricted Share Units Award +9,396 9,396 07 Aug 2025 Class B Common Stock 9,396 Direct F4, F5
transaction PSKY Restricted Share Units Disposed to Issuer -35,031 -100% 0 07 Aug 2025 Class B Common Stock 35,031 Direct F4, F6
transaction PSKY Restricted Share Units Award +35,031 35,031 07 Aug 2025 Class B Common Stock 35,031 Direct F4, F6
transaction PSKY Restricted Share Units Disposed to Issuer -116,387 -100% 0 07 Aug 2025 Class B Common Stock 116,387 Direct F4, F7
transaction PSKY Restricted Share Units Award +116,387 116,387 07 Aug 2025 Class B Common Stock 116,387 Direct F4, F7
transaction PSKY Restricted Share Units Award +10,893 10,893 07 Aug 2025 Class B Common Stock 10,893 Direct F8, F9
transaction PSKY Restricted Share Units Award +31,531 31,531 07 Aug 2025 Class B Common Stock 31,531 Direct F8, F10
transaction PSKY Stock Option (Right to Buy) Disposed to Issuer -3,178 -100% 0 07 Aug 2025 Class B Common Stock 3,178 $56.06 Direct F11, F12
transaction PSKY Stock Option (Right to Buy) Award +3,178 3,178 07 Aug 2025 Class B Common Stock 3,178 $56.06 Direct F11, F12
transaction PSKY Stock Option (Right to Buy) Disposed to Issuer -8,564 -100% 0 07 Aug 2025 Class B Common Stock 8,564 $51.76 Direct F11, F12
transaction PSKY Stock Option (Right to Buy) Award +8,564 8,564 07 Aug 2025 Class B Common Stock 8,564 $51.76 Direct F11, F12
transaction PSKY Phantom Class B Common Stock Units Disposed to Issuer -815 -100% 0 07 Aug 2025 Class B Common Stock 815 Direct F13
transaction PSKY Phantom Class B Common Stock Units Award +815 815 07 Aug 2025 Class B Common Stock 815 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

DeDe Lea is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On August 7, 2025, the previously announced transactions contemplated by the transaction agreement, dated as of July 7, 2024 ("Transaction Agreement"), by and among: Skydance Media, LLC ("Skydance"), Paramount Global, Paramount Skydance Corporation (f/k/a New Pluto Global, Inc.) ("Paramount Skydance"), and the other parties thereto were completed. Pursuant to the terms of the Transaction Agreement, in a series of transactions, each of Paramount Global and Skydance merged into subsidiaries of Paramount Skydance.
F2 Represents the disposition of shares of Paramount Global common stock and the acquisition of shares of Paramount Skydance common stock. Pursuant to the terms of the Transaction Agreement, each share of Paramount Global Class B common stock converted into the right to receive one share of Paramount Skydance Class B common stock, or at the election of the holder of such share, cash in the amount of $15.00 per share, subject to pro ration as set forth in the Transaction Agreement.
F3 Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.
F4 Represents the disposition of Paramount Global restricted share units ("RSUs") and the acquisition of Paramount Skydance RSUs assumed by Paramount Skydance pursuant to the terms of the Transaction Agreement.
F5 These RSUs will vest on March 1, 2026, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
F6 These RSUs will vest in two equal annual installments beginning on March 1, 2026, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
F7 These RSUs will vest in three equal annual installments beginning on March 1, 2026, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
F8 Represents Paramount Global performance share units that converted into time-based RSUs pursuant to the terms of the Transaction Agreement.
F9 These RSUs will vest on February 28, 2026, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
F10 These RSUs will vest on February 28, 2027, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
F11 Represents the disposition of Paramount Global stock options and the acquisition of Paramount Skydance stock options assumed by Paramount Skydance pursuant to the terms of the Transaction Agreement.
F12 These options are fully vested.
F13 Represents the disposition of Paramount Global Phantom Class B Common Stock Units and the acquisition of Paramount Skydance Phantom Class B Common Stock Units pursuant to the terms of the Transaction Agreement.