Summary by Moomoo AI
Shari Redstone, associated with Paramount Global, has completed a transaction involving the grant of 422 shares of Class B common stock on October 1, 2024. The shares were acquired at no cost, as typically occurs with stock grants. Following this transaction, Redstone directly holds a total of 600,255 shares in the company. Additionally, Redstone has an indirect beneficial ownership of 17,050 shares through GRAT 4. The transaction reflects a strengthening of Redstone's investment in Paramount Global and may signal confidence in the company's future prospects.