Form 4: Paramount Global Director Susan Schuman Acquires Additional Class B Common Stock Through Dividend Reinvestment

Sentiment:

SEC Form 4 Filing


Director Susan Schuman increased her holdings in Paramount Global's Class B common stock through dividend equivalent reinvestment.

Summary

  • On March 1, 2025, Susan Schuman, a director of Paramount Global, acquired 40 shares of Class B common stock.
  • The acquisition was a result of reinvesting dividend equivalents accrued on previously vested restricted share units.
  • The price per share for the reinvestment was $0.0000.
  • Following the transaction, Schuman's direct ownership increased to 34,106 shares of Class B common stock.
  • The shares have not been received because the director elected to defer receipt.
  • On February 28, 2025, the closing price of Paramount Global's Class B common stock was $11.36 per share.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine dividend reinvestment and doesn't suggest any significant change in the director's outlook on the company.

Industry Context

This filing reflects routine insider transactions related to dividend reinvestment, which is a common practice among corporate directors. It doesn't necessarily indicate a significant shift in sentiment towards the company.

Key Dates

DateDescription
03/01/2025Date of transaction: Acquisition of Class B common stock through dividend reinvestment.
02/28/2025Closing price of Class B common stock was $11.36 per share.
03/04/2025Date of Form 4 filing.

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