Andrew Warren - 07 Aug 2025 Form 4 Insider Report for Paramount Skydance Corp

Role: Interim CFO
Signature: /s/ Caryn K. Groce, Attorney-in-Fact for Andrew Warren
Issuer symbol: PSKY on Nasdaq
Transactions as of: 07 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Aug 2025, 17:22:57 UTC
Previous filing: 07 Jul 2025
Next filing: 28 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Warren Andrew	Interim CFO	1515 BROADWAY, NEW YORK	/s/ Caryn K. Groce, Attorney-in-Fact for Andrew Warren	11 Aug 2025	0001406357

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PSKY	Restricted Share Units	Disposed to Issuer		-176,522	-100%		0	07 Aug 2025	Class B Common Stock	176,522		Direct	F1, F2, F3
transaction	PSKY	Restricted Share Units	Award		+176,522			176,522	07 Aug 2025	Class B Common Stock	176,522		Direct	F1, F2, F3
transaction	PSKY	Restricted Share Units	Disposed to Issuer		-465,549	-100%		0	07 Aug 2025	Class B Common Stock	465,549		Direct	F1, F2, F4
transaction	PSKY	Restricted Share Units	Award		+465,549			465,549	07 Aug 2025	Class B Common Stock	465,549		Direct	F1, F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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).
F2	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.
F3	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.
F4	These RSUs will vest in three equal annual installments beginning on March 1, 2026, 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.