Form 4: Paramount Global Director Linda M. Griego Reports Acquisition of Class B Common Stock
SEC Form 4 Filing
Director Linda M. Griego reports acquisition of 40 shares of Paramount Global Class B common stock due to reinvested dividend equivalents.
Summary
- Linda M. Griego, a director of Paramount Global, reported acquiring 40 shares of Class B common stock on March 1, 2025.
- The acquisition was a result of reinvested dividend equivalents accrued on previously vested restricted share units.
- The price per share was $0.0000, and the director elected to defer receipt of the shares.
- Following the transaction, Griego beneficially owns 65,460 shares of Class B common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend reinvestment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Transaction date: Acquisition of Class B common stock. |
| 02/28/2025 | Closing price of Class B common stock was $11.36 per share. |
| 03/04/2025 | Date of signature. |
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