GEORGE CHEEKS - 07 Aug 2025 Form 4 Insider Report for Paramount Skydance Corp

Role
Office of the CEO
Signature
/s/ Caryn K. Groce, Attorney-in-Fact for George Cheeks
Issuer symbol
PSKY on Nasdaq
Transactions as of
07 Aug 2025
Net transactions value
$0
Form type
4
Filing time
11 Aug 2025, 17:16:21 UTC
Previous filing
23 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
CHEEKS GEORGE Office of the CEO 1515 BROADWAY, NEW YORK /s/ Caryn K. Groce, Attorney-in-Fact for George Cheeks 11 Aug 2025 0001852938

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSKY Class B Common Stock Disposed to Issuer -488,876 -100% 0 07 Aug 2025 Direct F1, F2
transaction PSKY Class B Common Stock Award +191,024 191,024 07 Aug 2025 Direct 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 -465,549 -100% 0 07 Aug 2025 Class B Common Stock 465,549 Direct F4, F5
transaction PSKY Restricted Share Units Award +465,549 465,549 07 Aug 2025 Class B Common Stock 465,549 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

GEORGE CHEEKS 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 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.