Form 4: Paramount Global Director Susan Schuman Reports Acquisition of Class B Common Stock

Sentiment:

SEC Form 4 Filing


Director Susan Schuman reports acquiring 162 shares of Paramount Global Class B common stock due to reinvested dividend equivalents.

Summary

  • On May 8, 2025, Susan Schuman, a director of Paramount Global, acquired 162 shares of Class B common stock.
  • The acquisition was a result of reinvested dividend equivalents accrued on previously vested restricted share units.
  • The price per share was $0.0000, indicating it was a reinvestment of dividends.
  • Following the transaction, Schuman directly owns 34,268 shares of Class B common stock.
  • The closing price of Paramount Global's Class B common stock on May 8, 2025, was $11.68 per share.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction (dividend reinvestment) by a director. It shows confidence but isn't a major market-moving event.

Positives

  • The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's increased stake in the company, which can be perceived positively by investors.

Stakeholder Impact

  • The increased stake of a director may positively influence shareholder sentiment.

Key Dates

DateDescription
05/08/2025Date of transaction: Susan Schuman acquired 162 shares of Class B common stock due to reinvested dividend equivalents; closing price was $11.68 per share.
05/12/2025Date of report filing.

Keywords

Paramount Global, Director, Susan Schuman, Class B Common Stock, Dividend Equivalents, Beneficial Ownership, Form 4, PARAA, PARA

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