Form 4: Paramount Global Director Nicole Seligman Reports Changes in Beneficial Ownership

Director Nicole Seligman reported the acquisition of 94 shares of Paramount Global Class B common stock due to the crediting of vested Restricted Share Units.

Summary

• On April 1, 2024, Nicole Seligman, a director of Paramount Global, reported a transaction involving the company's Class B common stock.
• Seligman acquired 94 shares at a price of $0.0000 due to the regular quarterly crediting of vested Restricted Share Units.
• Following the transaction, Seligman directly owns 33,529 shares of Class B common stock and indirectly owns 798 shares as Co-Trustee.
• The crediting of vested Restricted Share Units is equivalent to the amount of cash dividends in such quarter attributable to previously vested Restricted Share Units, the settlement of which the Reporting Person elected to defer pursuant to the Issuer's deferred compensation arrangement for directors.
• On April 1, 2024, the closing price of Paramount Global's Class B Common Stock was $11.75 per share.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure for Paramount Global's directors.

Key Dates