Form 4: Paramount Global Director Barbara Byrne Reports Stock Transactions

Director Barbara Byrne reports acquisition and disposal of Paramount Global Class B common stock related to vesting of restricted share units and dividend reinvestment.

Summary

• Barbara Byrne, a director of Paramount Global, reported transactions involving the company's Class B common stock on May 8, 2024.
• These transactions include the acquisition of 9,260 shares upon the vesting of restricted share units (RSUs) granted on May 8, 2023, which vested on May 8, 2024.
• Byrne also acquired 145 shares through dividend equivalents that accrued on RSUs prior to vesting, reinvested in Class B common stock on the same date.
• The closing price of Paramount Global's Class B common stock on The NASDAQ Global Select Market was $12.82 per share on May 8, 2024.
• Byrne directly owns 41,970 shares of Class B common stock following the reported transactions.
• She also indirectly owns 1,384 shares through her children.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates