Form 4: Paramount Global Director Barbara Byrne Reports Stock Transactions

Director Barbara Byrne reports acquisition of Paramount Global Class B common stock through vesting of restricted share units and dividend equivalents, with deferred receipt.

Summary

• Barbara Byrne, a director of Paramount Global, reported transactions involving Class B common stock on March 1, 2024.
• These transactions include the acquisition of 2,169 shares upon vesting of Restricted Share Units (RSUs) granted on March 1, 2023, which vested on March 1, 2024, but receipt was deferred.
• Additionally, 78 shares were acquired due to dividend equivalents accrued on the RSUs prior to vesting, also with deferred receipt.
• Following these transactions, Byrne directly owns 32,496 shares of Class B common stock.
• Byrne also indirectly owns 1,384 shares through her children.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, and does not inherently convey positive or negative sentiment.

Future Outlook

The director has elected to defer receipt of the shares acquired through the vesting of RSUs and dividend equivalents.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors about the actions of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates