August 7, 2025 · Form 4 insider transaction
Warren Andrew sold 176,522 shares of Paramount Skydance Corporation Class B Common Stock, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents the disposition of Paramount Global restricted share units ("RSUs") and the acquisition of RSUs of Paramount Skydance (as defined below) assumed by Paramount Skydance pursuant to the terms of the Transaction Agreement (as defined below).; 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.; These RSUs will vest in three equal annual installments beginning on August 26, 2025, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.