Form 4: Paramount Global Director Susan Schuman Reports Stock Transactions

Director Susan Schuman reports acquisition of Paramount Global Class B common stock through vesting of restricted share units and reinvestment of dividend equivalents, with deferred receipt.

Summary

• On May 8, 2024, Susan Schuman, a director of Paramount Global, acquired 9,260 shares of Class B common stock upon vesting of restricted share units (RSUs).
• Schuman also acquired 145 shares of Class B common stock through reinvestment of dividend equivalents accrued on RSUs prior to vesting.
• The director elected to defer receipt of these shares.
• Following these transactions, Schuman beneficially owns 33,672 shares of Class B common stock directly.
• The closing price of Paramount Global's Class B common stock on May 8, 2024, was $12.82 per share.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates