SHARI REDSTONE - 07 Aug 2025 Form 4 Insider Report for Paramount Skydance Corp (PSKY)

Role
Director
Signature
/s/ Caryn K. Groce, Attorney-in-Fact for Shari Redstone
Issuer symbol
PSKY
Transactions as of
07 Aug 2025
Transactions value $
$0
Form type
4
Filing time
11 Aug 2025, 17:29:21 UTC
Previous filing
07 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
REDSTONE SHARI Director 1515 BROADWAY, NEW YORK /s/ Caryn K. Groce, Attorney-in-Fact for Shari Redstone 11 Aug 2025 0001204569

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSKY Class B Common Stock Options Exercise +16,340 +2.6% 653,017 07 Aug 2025 Direct F1, F2
transaction PSKY Class B Common Stock Disposed to Issuer -653,017 -100% 0 07 Aug 2025 Direct F3, F4
transaction PSKY Class B Common Stock Award +653,017 653,017 07 Aug 2025 Direct F3, F4, F5

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 -16,340 -100% 0 07 Aug 2025 Class B Common Stock 16,340 Direct F1
transaction PSKY Phantom Class A Common Stock Units Disposed to Issuer -57,615 -100% 0 07 Aug 2025 Class A Common Stock 57,615 Direct F6
transaction PSKY Phantom Class B Common Stock Units Award +88,341 88,341 07 Aug 2025 Class B Common Stock 88,341 Direct F6
transaction PSKY Phantom Class B Common Stock Units Disposed to Issuer -72,308 -100% 0 07 Aug 2025 Class B Common Stock 72,308 Direct F7
transaction PSKY Phantom Class B Common Stock Units Award +72,308 +82% 160,649 07 Aug 2025 Class B Common Stock 72,308 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SHARI REDSTONE 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 ("RSUs") 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 Includes 212,830 shares of Paramount Global Class B common stock underlying vested RSUs for which the Reporting Person previously elected to defer receipt.
F3 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").
F4 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.
F5 Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.
F6 Represents the disposition of Paramount Global Phantom Class A Common Stock Units and the acquisition of Paramount Skydance Phantom Class B Common Stock Units pursuant to the terms of the Transaction Agreement.
F7 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.