Form 4: Paramount Skydance CFO Reports RSU Vesting, Tax Withholding

Paramount Skydance's EVP and Interim CFO, Andrew Warren, reported the vesting of Restricted Share Units and subsequent tax-related share withholding.

Summary

• Andrew Warren, Executive Vice President and Interim Chief Financial Officer of Paramount Skydance Corp, reported transactions involving Class B common stock.
• On August 26, 2025, 58,841 shares of Class B common stock were acquired upon the vesting of the first of three equal annual installments of Restricted Share Units (RSUs).
• These RSUs were initially granted on August 26, 2024, under the Issuer's long-term incentive plan for no consideration.
• Concurrently, 29,610 shares were disposed of to satisfy tax liabilities incident to the RSU vesting, at a price of $15.84 per share.
• Following these transactions, Andrew Warren directly beneficially owns 29,231 shares of Class B common stock.
• Additionally, 117,681 Restricted Share Units remain beneficially owned after the reported vesting.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-scheduled executive compensation event (RSU vesting and tax withholding) which is neutral in terms of company performance or outlook.

Positives

• The vesting of Restricted Share Units represents a component of executive compensation, aligning management's interests with shareholder value.
• The transaction is a routine, pre-scheduled event related to the company's long-term incentive plan.

Future Outlook

The filing indicates that the Restricted Share Units granted on August 26, 2024, are structured to vest in three equal annual installments, implying two more vesting events are scheduled for future years.

Industry Context

This filing is a routine insider transaction report, reflecting executive compensation and compliance with SEC regulations. It does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minor, routine impact as it reflects executive compensation as part of a pre-existing incentive plan.
• Management: Andrew Warren's beneficial ownership of shares aligns his interests with the company's performance.

Next Steps

• Future vesting of the remaining two equal annual installments of Restricted Share Units granted on August 26, 2024.

Key Dates

Keywords

Paramount Skydance, PSKY, Andrew Warren, Restricted Share Units, RSU vesting, Insider transaction, SEC Form 4, Executive compensation, Class B common stock