PARAA Form 4: Director Susan Schuman Receives 16,340 RSUs
Rhea-AI Filing Summary
Paramount Global (PARAA/ PARA) – Form 4 filing dated 07/07/2025
Director Susan Schuman received 16,340 Restricted Share Units (RSUs) of Paramount Global Class B common stock on 07/02/2025 under the company’s equity plan for outside directors. The RSUs were granted for no consideration and will vest on the earlier of (i) the company’s 2026 Annual Meeting of Stockholders or (ii) 07/02/2026. Upon vesting, an equivalent number of Class B shares will be delivered unless the director elects to defer receipt. Schuman now beneficially owns 16,340 derivative securities directly.
Positive
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Insights
TL;DR: Routine director grant of 16,340 RSUs; immaterial impact, aligns with standard board compensation practice.
The filing documents a single equity award rather than a purchase or sale. Because the RSUs are granted at no cost and represent a modest share count relative to Paramount Global’s large float, dilution is negligible. The one-year vesting schedule (earlier of 2026 AGM or 07/02/2026) follows typical director compensation design, providing deferred ownership without immediate cash outlay. No insider selling occurred, so the transaction does not signal a change in sentiment. Overall impact on shareholders or valuation is minimal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 16,340 | $0.00 | -- |
Footnotes (1)
- Granted under the Issuer's equity plan for outside directors for no consideration. These Restricted Share Units will generally vest on the earlier of (i) the date of the Issuer's 2026 Annual Meeting of Stockholders and (ii) July 2, 2026, and a corresponding number of Class B shares will be delivered on the vesting date, unless the director has elected to defer receipt.