Form 4: Paramount Global Director Judith McHale Reports Acquisition of Class B Common Stock

Director Judith McHale reports acquiring 191 shares of Paramount Global Class B common stock through dividend reinvestment.

Summary

• On February 15, 2025, Judith McHale, a director of Paramount Global, acquired 191 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, as it was a reinvestment of dividends.
• Following the transaction, McHale directly owns 42,859 shares of Class B common stock, which includes shares acquired through a dividend reinvestment program.
• The closing price of Paramount Global's Class B common stock on February 14, 2025, was $11.30 per share.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a director, which is generally seen as a positive but not significantly impactful event.

Positives

• The director's participation in the dividend reinvestment program signals confidence in the company's future.

Industry Context

Directors acquiring shares through dividend reinvestment is a common practice and generally viewed positively by the market.

Comparison to Industry Standards

• Comparing Paramount Global's dividend reinvestment program to similar programs at companies like Disney (DIS) or Comcast (CMCSA) could provide further context.
• Director ownership levels are often compared to industry peers to assess alignment with shareholder interests.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.

Key Dates