4//SEC Filing
Byrne Barbara M 4
Accession 0000950170-25-106654
CIK 0002041610other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:10 PM ET
Size
12.3 KB
Accession
0000950170-25-106654
Insider Transaction Report
Form 4
Byrne Barbara M
Director
Transactions
- Award
Class B Common Stock
2025-08-07+43,992→ 43,992 total - Award
Restricted Share Units
2025-08-07+16,340→ 16,340 total→ Class B Common Stock (16,340 underlying) - Disposition to Issuer
Class B Common Stock
2025-08-07−58,976→ 0 total - Disposition to Issuer
Restricted Share Units
2025-08-07−16,340→ 0 total→ Class B Common Stock (16,340 underlying)
Footnotes (6)
- [F1]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.
- [F2]Represents the disposition of shares of Paramount Global common stock and the acquisition of shares of Paramount Skydance common stock (including shares underlying vested restricted share units ("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.
- [F3]Includes 34,382 shares of Paramount Global Class B common stock underlying vested RSUs of which the Reporting Person previously elected to defer receipt.
- [F4]Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.
- [F5]Represents the disposition of Paramount Global RSUs and the acquisition of Paramount Skydance RSUs assumed by Paramount Skydance pursuant to the terms of the Transaction Agreement.
- [F6]These RSUs will generally vest on the earlier of (i) the date of the Issuer's 2026 Annual Meeting of Stockholders and (ii) July 2, 2026, and a corresponding number of Class B shares will be delivered on the vesting date, unless the director has elected to defer receipt.
Documents
Issuer
Paramount Skydance Corp
CIK 0002041610
Entity typeother
Related Parties
1- filerCIK 0001753238
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:10 PM ET
- Size
- 12.3 KB