Form 4: Paramount Global Director Linda M. Griego Reports Acquisition of Class B Common Stock

Director Linda M. Griego reports acquiring 583 shares of Paramount Global Class B common stock through dividend reinvestment.

Summary

• Linda M. Griego, a director of Paramount Global, filed a Form 4 on February 4, 2025, reporting a transaction on January 31, 2025.
• She acquired 583 shares of Class B common stock through dividend equivalents reinvested at a price of $0.00 per share.
• The closing price of the Class B common stock on January 31, 2025, was $10.88 per share.
• Following the transaction, Griego directly owns 65,320 shares of Paramount Global Class B common stock, which includes shares acquired through a dividend reinvestment program.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing simply reports a routine transaction (dividend reinvestment) by a director.

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 programs is a common practice, reflecting alignment with shareholder interests.

Stakeholder Impact

• The director's participation in the dividend reinvestment program could be viewed positively by shareholders.

Key Dates

Keywords

Form 4, Director, Linda M. Griego, Paramount Global, PARA, PARAA, Class B Common Stock, Dividend Reinvestment, Beneficial Ownership, SEC Filing