Paramount Global filed a Form 8-K on December 27, 2024, outlining executive compensation adjustments to mitigate tax impacts under Section 280G of the Internal Revenue Code. Key executives received accelerated vesting of restricted share units (RSUs) and performance share units (PSUs), originally set to vest between 2025 and 2027. Conditions for repayment were included if executives resigned or were terminated for cause before the original vesting dates. These changes are tied to a transaction agreement from July 2024.