Form 4 for PSKY Paramount Skydance Corporation
Accepted 2025-08-11 00:00:00 ET · period of report 2025-08-07 · accession 0001641172-25-023059 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-08-11 | 2025-08-07 | PSKY | Ellison David Ferris | CEO, Dir | J - Other | — | +76.21M | 76.21M | New | — |
| D | 2025-08-11 | 2025-08-07 | PSKY | Ellison David Ferris | CEO, Dir | A - Grant | $0.00 | +5.00M | 5.00M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2025-08-07 | J | A | 76,210,742 | — | 76,210,742 | I See Footnote | — | — | (F1) On August 7, 2025 (the "Closing Date"), the previously announced transactions contemplated by the transaction agreement (the "Transaction Agreement"), dated as of July 7, 2024, by and among Skydance Media, LLC ("Skydance"), Paramount Global ("Old Paramount"), New Pluto Global, Inc. ("New Paramount"), and the other parties thereto, were completed. Pursuant to the terms of the Transaction Agreement, in a series of transactions, among other things, (i) each of Old Paramount and Skydance merged into subsidiaries of New Paramount; (ii) each share of Old Paramount Class A Common Stock automatically converted into the right to receive one share of Class A Common Stock of New Paramount and (iii) each share of Old Paramount Class B Common Stock automatically converted into the right to receive one share of Class B Common Stock of New Paramount (the "Transactions"). In connection with the closing of the Transactions, New Paramount changed its name to Paramount Skydance Corporation (the "Issuer") (F2) By Skydance Entertainment Group, LLC, of which Mr Ellison is the manager. |
| 2 | Derivative | Restricted Stock Units | 2025-08-07 | A | A | 5,000,000 | $0.00 | 5,000,000 | D | — · — to — | 5,000,000 Class B Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F4) The restricted stock units vest quarterly over a 5-year period commencing on the Closing Date. |