Form 4: Paramount Global Director Barbara Byrne Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Barbara Byrne reports acquisition of 40 shares of Paramount Global Class B common stock due to reinvested dividend equivalents, and indirect ownership of 1,384 shares through children.
Summary
- On March 1, 2025, Barbara Byrne, a director of Paramount Global, acquired 40 shares of Class B common stock due to reinvested dividend equivalents.
- These dividend equivalents accrued on previously vested restricted share units.
- The price of the Class B common stock on February 28, 2025, was $11.36 per share.
- Byrne also indirectly owns 1,384 shares of Class B common stock through her children.
- Following the reported transactions, Byrne directly owns 42,347 shares of Class B common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports routine transactions and doesn't suggest any significant positive or negative implications for the company.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It doesn't necessarily reflect a significant event for Paramount Global but provides transparency into the holdings of its directors.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Acquisition of Class B common stock due to reinvested dividend equivalents. |
| 02/28/2025 | The last business day preceding the date of reinvestment, the closing price of the Class B common stock on The NASDAQ Global Select Market was $11.36 per share. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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