Form 4: Paramount Global Director Barbara Byrne Reports Stock Acquisition Through Dividend Reinvestment

Director Barbara Byrne acquired 106 shares of Paramount Global Class B common stock through dividend equivalents reinvestment, as disclosed in a recent SEC filing.

Summary

• Barbara Byrne, a director at Paramount Global, filed a Form 4 with the SEC.
• The filing reports the acquisition of 106 shares of Class B common stock on February 15, 2025, through reinvestment of dividend equivalents.
• The price per share for the reinvestment was $0.0000, based on a closing price of $11.30 on February 14, 2025.
• Following the transaction, Byrne directly owns 42,307 shares and indirectly owns 1,384 shares through her children.
• The filing also includes a Power of Attorney document, appointing Caryn K. Groce as attorney-in-fact to handle SEC filings related to Paramount Global securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's participation in a dividend reinvestment program. It doesn't contain any particularly positive or negative information.

Positives

• The director's participation in the dividend reinvestment program could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends. However, insider activity is often monitored by investors for signals about a company's prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders, as it involves a small number of shares acquired through a standard dividend reinvestment program.

Key Dates

Keywords

Form 4, Paramount Global, Director, Barbara Byrne, Dividend Reinvestment, Class B Common Stock, SEC Filing, Power of Attorney