Roanne Sragow - Aug 7, 2025 Form 4 Insider Report for Paramount Skydance Corp (PSKY)

Role
Director
Signature
/s/ Caryn K. Groce, Attorney-in-Fact for Roanne Sragow Licht
Stock symbol
PSKY
Transactions as of
Aug 7, 2025
Transactions value $
$0
Form type
4
Date filed
8/11/2025, 05:21 PM
Previous filing
Jul 7, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sragow Licht Roanne Director 1515 BROADWAY, NEW YORK /s/ Caryn K. Groce, Attorney-in-Fact for Roanne Sragow Licht 2025-08-11 0002076133

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSKY Class B Common Stock Options Exercise +16.3K 16.3K Aug 7, 2025 Direct F1
transaction PSKY Class B Common Stock Disposed to Issuer -16.3K -100% 0 Aug 7, 2025 Direct F2, F3
transaction PSKY Class B Common Stock Award +16.3K 16.3K Aug 7, 2025 Direct F2, F3, F4

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 Options Exercise $0 -16.3K -100% $0.00 0 Aug 7, 2025 Class B Common Stock 16.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 The shares identified in Table I represent shares of Class B common stock of Paramount Global to which the Reporting Person became entitled, upon vesting of Restricted Share Units identified in Table II, immediately prior to the closing of the Transactions (as defined below), but which have not been received because the director elected to defer receipt.
F2 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 (the "Transactions").
F3 Represents the disposition of shares of Paramount Global common stock and the acquisition of shares of Paramount Skydance common stock (including shares underlying vested RSUs assumed by Paramount Skydance for which the Reporting Person previously elected to defer receipt). 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.
F4 Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.