Form 4: Paramount Skydance CSO Acquires Shares via RSU Vesting

Paramount Skydance's Chief Strategy Officer and COO, Andrew Mark Brandon-Gordon, acquired 200,000 Class B common shares through RSU vesting, with a portion withheld for tax obligations.

Summary

• Andrew Mark Brandon-Gordon, Chief Strategy Officer and COO of Paramount Skydance Corp (PSKY), acquired 200,000 Class B common shares on November 7, 2025.
• These shares were issued upon the vesting of an installment of Restricted Stock Units (RSUs), which were initially granted on August 7, 2025, and generally vest in equal quarterly installments over a five-year period.
• 91,627 shares were withheld by the Issuer to satisfy tax liability incident to the vesting and delivery of shares, at a price of $15.10 per share.
• Following these transactions, Brandon-Gordon beneficially owns 108,373 Class B common shares directly.
• The closing price of the Class B common stock on The NASDAQ Global Select Market on November 7, 2025, was $15.10 per share.
• Brandon-Gordon continues to beneficially own 3,800,000 Restricted Stock Units.

Sentiment

Score: 6

Explanation: The transaction is a routine RSU vesting, which is a neutral event. The executive acquiring shares (even with tax withholding) is generally seen as a positive for aligning management interests with shareholders, hence a slightly positive score.

Positives

• Executive Andrew Mark Brandon-Gordon received 200,000 Class B common shares through the vesting of Restricted Stock Units, indicating continued long-term incentive alignment with shareholder interests.
• The vesting is part of the Issuer's long-term incentive plan, which is a standard practice for executive retention and motivation.

Negatives

• 91,627 shares were withheld by the Issuer to cover tax liabilities, reducing the net shares received by the executive from the vesting event.

Future Outlook

NA

Industry Context

This is a routine executive compensation event, common across publicly traded companies, reflecting the use of equity-based incentives to align management interests with shareholder value over the long term. It does not provide specific insights into broader industry trends for media or entertainment.

Related Party Transactions

• The transaction involves the vesting of Restricted Stock Units and subsequent acquisition of shares by Andrew Mark Brandon-Gordon, a Director, Chief Strategy Officer, and COO of Paramount Skydance Corp, which constitutes a related party transaction as part of his executive compensation.

Stakeholder Impact

• Shareholders: The vesting and acquisition of shares by a key executive can be viewed positively as it aligns management's interests with shareholder value through equity ownership.
• Employees: No direct impact on general employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• Future quarterly installments of the initially granted Restricted Stock Units are expected to vest over the remaining five-year period.

Key Dates

Recommendation

This Form 4 filing details a routine executive RSU vesting and subsequent tax-related share withholding. While it shows continued executive alignment through equity compensation, it does not provide new material information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. It's a standard, expected event.

Keywords

Paramount Skydance, PSKY, Form 4, Andrew Mark Brandon-Gordon, Restricted Stock Units, RSU vesting, insider transaction, executive compensation, Class B common stock, Chief Strategy Officer, COO