Paramount Skydance Executive Reports RSU Vesting and Tax Withholding

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Paramount Skydance Executive Reports RSU Vesting and Tax Withholding

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Katherine Gill Charest, Executive Vice President, Controller, and Chief Accounting Officer for Paramount Skydance Corp, reported the vesting of 7,969 Restricted Stock Units (RSUs) on September 2, 2026. These RSUs converted into an equal number of Class B common stock shares. The RSUs were part of a grant issued on March 2, 2026, which vests in equal quarterly installments over a three-year period.

To address the tax obligations incurred from this vesting event, Paramount Skydance Corp withheld 4,069 Class B shares. The withholding was based on a price of $10.97 per share, which was the closing price of the Class B common stock on the NASDAQ Global Select Market on September 2, 2026. These shares were withheld by the issuer and were not sold in an open-market transaction.

Following these transactions, Ms. Charest directly holds 77,108 shares of Class B common stock, with an additional 424 shares held indirectly through a 401(k) plan. She also beneficially owns 79,690 Restricted Stock Units that have not yet vested. Executive compensation at Paramount Skydance, including for its CEO David Ellison, often includes a significant portion in stock awards, aligning executive interests with long-term shareholder value. For instance, David Ellison’s 2025 compensation package included $58.7 million in stock awards.

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