Welcome to our dedicated page for Paramount Skydance SEC filings (Ticker: PSKY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Paramount Skydance Corporation (NASDAQ: PSKY) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, along with AI‑assisted tools to interpret them. As a reporting media and entertainment company, Paramount files current reports on Form 8‑K and periodic reports such as Form 10‑K and Form 10‑Q that describe its operations across Filmed Entertainment, Direct‑to‑Consumer, and TV Media segments.
Recent Form 8‑K filings illustrate the type of information investors can expect. A filing dated November 10, 2025 reports that Paramount Skydance issued a shareholder letter announcing financial results for the quarter ended September 30, 2025, furnished as an exhibit. Another Form 8‑K dated September 16, 2025 discloses governance changes, including the appointment of Dennis Cinelli to the Board of Directors and the Audit Committee, and notes that he is eligible to participate in the company’s Non‑Employee Director Compensation Program.
Beyond these examples, PSKY’s SEC filings also include materials referenced in its public communications about a fully financed all‑cash tender offer to acquire Warner Bros. Discovery, Inc. at $30 per share. Related documents, such as the tender offer statement on Schedule TO and any associated exhibits, provide detail on the structure, conditions, and financing of that proposal, as described in company press releases.
On this page, users can access real‑time updates from EDGAR as new Paramount Skydance filings are posted, including 10‑K annual reports, 10‑Q quarterly reports, 8‑K current reports, and any proxy or registration statements related to corporate actions. AI‑powered summaries help explain the key points in lengthy filings, such as segment descriptions, risk factor highlights, and the implications of governance or financing changes. Investors can also review Form 4 insider transaction reports to see equity awards or share transactions by directors and officers when such filings are made.
By combining official SEC documents with AI‑generated explanations, this page is designed to make Paramount Skydance’s regulatory history and ongoing disclosure record easier to understand for both experienced and newer investors.
Paramount Skydance Corp’s Chief Financial Officer Dennis Cinelli had 187,500 Restricted Stock Units vest into an equal number of Class B common shares on April 15, 2026. This reflects scheduled equity compensation rather than an open-market purchase.
To cover related tax obligations, 88,974 Class B shares were withheld by the company at a reference price of $11.67 per share, and were not sold in the market. After these transactions, Cinelli held 104,620 Class B shares directly and 28,112 Class B shares indirectly through an IRA, along with 3,562,500 RSUs remaining outstanding.
Paramount Skydance Corporation (PSKY) arranged major new credit facilities to help finance its pending acquisition of Warner Bros. Discovery and reshape its capital structure. The company completed syndication of a large bridge loan, added $5.00 billion of new senior secured term and revolving credit, and increased an existing unsecured revolver to $5.00 billion. These agreements include leverage covenants and a path to unsecured status if investment-grade ratings are achieved. PSKY also announced that Jeffrey Shell, its President and board member, has left the company under a separation agreement effective April 8, 2026.
Paramount Skydance Corp Chief Legal Officer Makan Delrahim acquired 150,000 shares of Class B common stock on April 6, 2026 through the vesting and exercise of Restricted Stock Units granted as compensation, not through an open-market purchase.
These shares came from an installment of RSUs initially granted on October 6, 2025 that generally vest in equal quarterly installments over a five-year period. Following the transaction, Delrahim directly held 235,936 shares of Class B common stock and 2,700,000 Restricted Stock Units. On the same date, the Class B common stock closed at $9.85 per share on The NASDAQ Global Select Market.
Paramount Skydance Corporation is changing how it reports its business, moving to three segments starting in 2026: Studios, Direct-to-Consumer, and TV Media. It is also shifting its primary segment profit metric from Adjusted OIBDA to Adjusted EBITDA.
The company is furnishing unaudited 2025 financials recast under this new structure, separating Predecessor (Paramount Global) and Successor (Paramount Skydance) periods and providing segment-level Adjusted EBITDA. Management now uses Adjusted EBITDA, which excludes certain non-recurring items and stock-based compensation, as the main tool to assess ongoing operating performance.
Paramount Skydance Corporation approved a charter amendment increasing authorized Class B common shares from 5.5 billion to 7.0 billion and allowing dividends on Class B without matching Class A dividends, with prior consent of all Class A holders. The company describes funding plans for its proposed acquisition of Warner Bros. Discovery at $31 per share, backed by a guarantee from the Ellison Parties and large private investments in Class B stock. Ellison-affiliated entities and RedBird have syndicated their subscription rights to major institutional investors through an equity syndication that will issue new, non-voting Class B shares while Ellison and RedBird retain 100% of voting Class A shares. Paramount Skydance will also distribute 10‑year tradable warrants as a dividend to Class B shareholders, replacing a previously planned rights offering at $16.02 per share, with each warrant initially exercisable at the syndication purchase price and callable if the stock closes at or above $30.00 for 20 of 30 days after the third anniversary.
Gill Charest Katherine reported acquisition or exercise transactions in this Form 4 filing.
Paramount Skydance Corp executive Katherine Gill Charest, EVP, Controller & CAO, reported receiving a grant of 95,628 Restricted Stock Units. These RSUs were awarded at no cash cost and are scheduled to vest in equal quarterly installments over a three-year period beginning on March 2, 2026.
Paramount Skydance Corp EVP, Controller & CAO Katherine Gill Charest reported multiple equity award vestings and related share issuances. On February 28, 2026 and March 1, 2026, Restricted Stock Units converted into shares of Class B common stock at a stated price of $13.51 per share for valuation purposes.
To cover tax liabilities from these RSU vestings, the company withheld 22,906 and 3,588 Class B shares, respectively, at $13.51 per share; the filing notes these were not open‑market sales but tax-withholding dispositions. After these transactions, Charest directly holds 68,584 Class B shares and indirectly holds 420 shares through a 401(k) plan.
Paramount Skydance Corp director Barbara M. Byrne acquired 34 shares of Class B common stock as a grant tied to dividend equivalents on previously vested restricted stock units. The shares were reinvested on March 1, 2026 at no cost and their receipt was deferred. After this award, she beneficially owns 44,186 Class B shares. The footnote notes that on February 27, 2026, the closing price of the Class B common stock on The NASDAQ Global Select Market was $13.51 per share.
Paramount Skydance Corporation agreed to acquire Warner Bros. Discovery in an all‑cash merger valuing WBD at $31.00 per share, plus a daily “ticking” fee of $0.00277778 per share if closing occurs after September 30, 2026. The deal values WBD at about $81 billion in equity and $110 billion in enterprise value and is unanimously approved by both boards, with WBD stockholders still required to vote.
Paramount expects more than $6 billion of cost synergies, and projects net debt-to-EBITDA of 4.3x on a fully synergized basis with a stated goal of returning to investment‑grade metrics within three years. Financing combines $47 billion of new Class B equity at $16.02 per share, fully backed by the Ellison family and RedBird, a rights offering of up to $3.25 billion, and $54 billion of 364‑day bridge and $3.5 billion of revolving debt commitments.
The Ellison trust guarantees up to $45.72 billion of merger consideration plus key fees, and has signed a PIPE subscription of up to $46.72 billion, alongside $250 million from RedBird. The agreement carries heavy break fees, including a $3 billion company termination fee payable by WBD in certain competing‑bid scenarios and a $7 billion regulatory termination fee payable by Paramount if antitrust or regulatory obstacles ultimately block closing.
Paramount Skydance Corporation posted on social media on February 27, 2026 describing its proposed acquisition of Warner Bros. Discovery, Inc. The post states that WBD will file proxy materials with the SEC in connection with the proposed transaction and urges WBD stockholders to read those materials.
The communication identifies potential risks verbatim, including Hart-Scott-Rodino antitrust clearance, uncertainty as to the percentage of WBD stockholders who will vote to approve the proposed transaction, possible delays or non-completion, employee departures or management distraction, stockholder litigation, and integration and operational risks for Paramount and WBD.