Form 4: Paramount Global Director Barbara Byrne Reports Acquisition of Class B Common Stock
SEC Form 4 Filing
Director Barbara Byrne acquired 162 shares of Paramount Global's Class B common stock through dividend equivalent reinvestment.
Summary
- On May 8, 2025, Barbara Byrne, a director of Paramount Global, acquired 162 shares of Class B common stock.
- The acquisition was a result of dividend equivalents accrued on previously vested restricted share units being reinvested.
- The price per share was $0.0000, and the closing price of the Class B common stock on The NASDAQ Global Select Market on May 8, 2025, was $11.68.
- Following the transaction, Byrne directly owns 42,509 shares of Class B common stock.
- The reporting person elected to defer receipt of the shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a director's stock ownership changes, which is common in publicly traded companies. It doesn't necessarily indicate a broader trend in the media industry but reflects individual investment decisions.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Acquisition of Class B common stock through dividend reinvestment. |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Paramount Global, Director, Barbara Byrne, Class B Common Stock, Dividend Reinvestment, Beneficial Ownership, PARAA, PARA
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