Form 4: Paramount Global Director Barbara Byrne Reports Acquisition of Class B Common Stock

Sentiment:

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

DateDescription
05/08/2025Date of transaction: Acquisition of Class B common stock through dividend reinvestment.
05/12/2025Date 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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