David Ferris Ellison - 07 Aug 2025 Form 4 Insider Report for Paramount Skydance Corp (PSKY)

Role: Chief Executive Officer, Director
Signature: /s/ Stephanie Kyoko McKinnon, Attorney-in-Fact
Issuer symbol: PSKY
Transactions as of: 07 Aug 2025
Transactions value $: $0
Form type: 4
Filing time: 11 Aug 2025, 20:10:54 UTC
Next filing: 12 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Ellison David Ferris	Chief Executive Officer, Director	C/O PARAMOUNT SKYDANCE CORPORATION, 1515 BROADWAY, NEW YORK	/s/ Stephanie Kyoko McKinnon, Attorney-in-Fact	11 Aug 2025	0002078052

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PSKY	Class B Common Stock	Other		+76.2M			76.2M	07 Aug 2025	See Footnote	F1, F2

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 Stock Units	Award	$0	+5M		$0.00	5M	07 Aug 2025	Class B Common Stock	5M		Direct	F3, F4

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

Explanation of Responses:

Id	Content
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.