Ellison David Ferris bought PSKY
August 7, 2025 · Form 4 insider transaction
Ellison David Ferris bought 76,210,742 shares of Paramount Skydance Corporation, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
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"); By Skydance Entertainment Group, LLC, of which Mr Ellison is the manager.