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

Director Susan Schuman acquired 394 shares of Paramount Global Class B common stock through dividend equivalent reinvestment, as reported in a recent SEC Form 4 filing.

Summary

• Susan Schuman, a director of Paramount Global, filed a Form 4 with the SEC on February 19, 2025.
• The filing reports a transaction on February 15, 2025, where Ms. Schuman acquired 394 shares of Paramount Global Class B common stock.
• These shares were acquired through the reinvestment of dividend equivalents accrued on previously vested restricted share units.
• The price per share for the reinvestment was $0.0000, reflecting the reinvestment of dividends.
• Following the transaction, Ms. Schuman directly owns 34,066 shares of Paramount Global Class B common stock.
• The filing also includes a Power of Attorney document, granting Caryn K. Groce the authority to file reports on Ms. Schuman's behalf regarding her ownership of Paramount Global securities.

Sentiment

Score: 6

Explanation: The document is neutral, reporting a routine transaction. The director's reinvestment is a mildly positive signal.

Positives

• The acquisition of shares through dividend reinvestment demonstrates a continued investment in the company by a director.

Industry Context

Directors acquiring shares through dividend reinvestment is a common practice and generally viewed positively, indicating confidence in the company's future.

Comparison to Industry Standards

• Comparing director ownership and trading activity to peers like Disney (DIS), Warner Bros. Discovery (WBD), and Netflix (NFLX) can provide context.
• Analyzing the percentage of shares owned by insiders relative to the company's market capitalization can offer insights into alignment with shareholder interests.
• Benchmarking dividend reinvestment programs against industry best practices can assess the attractiveness of Paramount Global's program.

Stakeholder Impact

• The director's continued investment in the company may be viewed positively by shareholders.

Key Dates

Keywords

Form 4, Paramount Global, Director, Susan Schuman, Class B Common Stock, Dividend Reinvestment, SEC, Ownership, Securities, PARAA, PARA