Ellison David Ferris 4
4 · Paramount Skydance Corp · Filed Aug 11, 2025
Insider Transaction Report
Form 4
Ellison David Ferris
DirectorChief Executive Officer
Transactions
- Other
Class B Common Stock
2025-08-07+76,210,742→ 76,210,742 total(indirect: See Footnote) - Award
Restricted Stock Units
2025-08-07+5,000,000→ 5,000,000 total→ Class B Common Stock (5,000,000 underlying)
Footnotes (4)
- [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.
- [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.