Form 4: Paramount Global Director Judith McHale Reports Stock Transactions

Director Judith McHale reports acquisition of Paramount Global Class B common stock through vesting of restricted share units and reinvestment of dividend equivalents.

Summary

• On March 1, 2024, Judith McHale, a director of Paramount Global, acquired 2,169 shares of Class B common stock upon the vesting of restricted share units (RSUs).
• Additionally, 78 shares were acquired due to the reinvestment of dividend equivalents that accrued on the RSUs prior to vesting.
• The price per share for both transactions was $0.00, with the closing price of Class B common stock on The NASDAQ Global Select Market being $10.95 on March 1, 2024.
• Following these transactions, McHale directly owns 32,770 shares of Class B common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

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 company directors.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they represent a small change in the director's holdings.

Key Dates