Form 4: Paramount Skydance Corp: Insider Stock Transaction

Makan Delrahim, Chief Legal Officer of Paramount Skydance Corp, reported a transaction involving Class B common stock.

Summary

• Makan Delrahim, Chief Legal Officer of Paramount Skydance Corp (PSKY), reported a transaction on April 6, 2026.
• The transaction involved the acquisition of 150,000 shares of Class B common stock.
• These shares were acquired upon the vesting of Restricted Stock Units (RSUs) initially granted on October 6, 2025.
• The RSUs vest in equal quarterly installments over a five-year period.
• The acquisition price for these shares was $0.
• Following this transaction, Delrahim beneficially owns 235,936 shares of Class B common stock directly.
• Additionally, Delrahim holds 2,700,000 shares of Class B common stock directly through RSUs.
• The closing price of the Class B common stock on April 6, 2026, was $9.85 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock vesting event for an executive and does not inherently signal positive or negative performance.

Positives

• Acquisition of a significant number of shares (150,000) by a key executive.
• The shares were acquired upon vesting of RSUs, indicating a performance-based compensation structure.
• The acquisition price was $0, representing a gain for the executive.
• The executive's beneficial ownership of Class B common stock remains substantial.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. It details a past transaction related to stock vesting.

Industry Context

StockSavvy.ai notes that this Form 4 filing is a standard disclosure for insider stock transactions, common in the media and entertainment sector where executive compensation often includes equity-based awards that vest over time.

Stakeholder Impact

• Shareholders: The transaction confirms continued executive commitment and alignment with company performance through equity ownership. The vesting of RSUs is a pre-planned event.
• Employees: The structure of executive compensation, including RSUs, can influence overall employee morale and retention strategies.
• Management: Reinforces the compensation structure for key executives, aligning their interests with long-term shareholder value.

Key Dates

Keywords

Paramount Skydance Corp, PSKY, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Class B Common Stock, Makan Delrahim, Chief Legal Officer