Summary by Futu AI
Caryn K Groce, EVP, Acting Gen Counsel & Secy of Paramount Global, executed multiple transactions on 12/24/2024. Groce acquired a total of 24,463 Class B common stock shares through four separate exercises of derivative securities, all at a price of $0.00 per share.On the same day, Groce disposed of 12,905 shares at $10.42 each, totaling $134,470.10. This disposition was made as payment for exercise price or tax liability. After these transactions, Groce's direct ownership of Paramount Global Class B common stock stands at 19,974 shares.The transactions, which have been completed, reflect a net increase in Groce's shareholding. The acquisition of shares at no cost suggests they may be part of an executive compensation package, while the sale likely covers associated taxes or fees.