Insider · CIK 0001204726
REDSTONE SUMNER M
Reports to the SEC for 12 companies · NEW YORK, NY
Transactions
50
Companies
12
Filings
9
CIK
0001204726
Summary
Sumner M. Redstone
Sumner M. Redstone was a media executive and controlling shareholder through National Amusements who served as executive chairman and long‑time board leader of major media companies including Viacom/CBS/Paramount and related subsidiaries. His ownership and board roles are documented in SEC filings and corporate disclosures.[1]
Career Background
- Founder and chairman of National Amusements, the private holding company that controlled major media assets through voting stock.[2]
- Longtime executive chairman and board leader of Viacom (and later affiliated entities that became Paramount/CBS), serving in senior governance roles over several decades.[1]
- Beneficial owner and disclosed large‑stake investor in multiple media companies; SEC filings show reported 10%‑level beneficial interests and Schedule 13D disclosures for specific issuers.[3]
- Education: graduate of Harvard College (A.B.) and Harvard Law School (LL.B.), as documented in public biographies and company proxy materials.[1]
Current Positions
- National Amusements (private) — Founder and controlling shareholder (role historically shown as Chairman/CEO in company and SEC disclosures).[2]
- Former Executive Chairman / Chairman roles at major public media companies (Viacom, CBS/Paramount) — served as a board chair and reporting person in SEC filings and company proxy statements.[4]
- Documented beneficial ownership stakes disclosed in issuer filings (e.g., WMS Industries, Spanish Broadcasting System) and in corporate proxy/SEC disclosures.[3]
SEC Filing Context
- Served as a Section 16 reporting person on numerous Form 3/4/5 filings and as a named filer on Schedule 13D/13G ownership disclosures across multiple issuers, reflecting long‑standing board roles and significant equity holdings.[4]
Forms 4 and 5
Insider transactions
| Date | Company | Value |
|---|---|---|
| 2019-12-04 | Viacom Inc.D Disposition to Issuer | — |
| 2019-12-04 | Viacom Inc.D Disposition to Issuer | — |
| 2019-12-04 | Viacom Inc.D Disposition to Issuer | — |
| 2019-12-04 | Viacom Inc.D Disposition to Issuer | — |
| 2019-12-04 | Paramount GlobalA Award | — |
| 2019-12-04 | Paramount GlobalA Award | — |
| 2019-12-04 | Paramount GlobalA Award | — |
| 2019-03-27 | Paramount GlobalC Conversion | — |
| 2019-03-27 | Paramount GlobalC Conversion | — |
| 2019-03-07 | Paramount GlobalC Conversion | — |
| 2019-03-07 | Paramount GlobalC Conversion | — |
| 2019-01-24 | Paramount GlobalC Conversion | — |
| 2019-01-24 | Paramount GlobalC Conversion | — |
| 2016-11-23 | Paramount GlobalC Conversion | — |
| 2016-11-23 | Paramount GlobalC Conversion | — |
| 2016-11-23 | Viacom Inc.G Gift | — |
| 2016-11-23 | Paramount GlobalG Gift | — |
| 2015-11-17 | Viacom Inc.G Gift | — |
| 2015-11-17 | Paramount GlobalC Conversion | — |
| 2015-11-17 | Paramount GlobalC Conversion | — |
| 2015-11-17 | Paramount GlobalG Gift | — |
| 2015-10-15 | Viacom Inc.C Conversion | — |
| 2015-10-15 | Viacom Inc.C Conversion | — |
| 2015-06-09 | Viacom Inc.M Exercise/Conversion | +$3.27M |
| 2015-06-09 | Viacom Inc.S Sale | −$4.37M |
| 2015-06-09 | Viacom Inc.Employee Stock Option (Right to Buy)M Exercise/Conversion | — |
| 2015-03-24 | Viacom Inc.C Conversion | — |
| 2015-03-24 | Viacom Inc.C Conversion | — |
| 2015-03-24 | Viacom Inc.G Gift | — |
| 2015-03-24 | Paramount GlobalG Gift | — |
| 2015-03-02 | Viacom Inc.M Exercise/Conversion | +$2.49M |
| 2015-03-02 | Viacom Inc.M Exercise/Conversion | +$3.27M |
| 2015-03-02 | Viacom Inc.S Sale | −$10M |
| 2015-03-02 | Viacom Inc.Employee Stock Option (Right to Buy)M Exercise/Conversion | — |
| 2015-03-02 | Viacom Inc.Employee Stock Option (Right to Buy)M Exercise/Conversion | — |
| 2015-03-02 | Paramount GlobalM Exercise/Conversion | +$2.29M |
| 2015-03-02 | Paramount GlobalS Sale | −$5.91M |
| 2015-03-02 | Paramount GlobalEmployee Stock Option (right to buy)M Exercise/Conversion | — |
| 2015-02-20 | Paramount GlobalS Sale | −$6.13M |
| 2015-02-19 | Paramount GlobalA Award | — |
| 2015-02-19 | Paramount GlobalF Tax Payment | −$7.9M |
| 2015-02-04 | Paramount GlobalM Exercise/Conversion | +$1.43M |
| 2015-02-04 | Paramount GlobalM Exercise/Conversion | +$861.84 |
| 2015-02-04 | Paramount GlobalD Disposition to Issuer | −$2.68M |
| 2015-02-04 | Paramount GlobalStock Option EquivalentsM Exercise/Conversion | — |
| 2015-02-04 | Paramount GlobalStock Option EquivalentsM Exercise/Conversion | — |
| 2015-01-28 | Paramount GlobalM Exercise/Conversion | +$1.44M |
| 2015-01-28 | Paramount GlobalD Disposition to Issuer | −$2.69M |
| 2015-01-28 | Paramount GlobalStock Option EquivalentsM Exercise/Conversion | — |
| 2015-01-21 | Paramount GlobalM Exercise/Conversion | +$1.44M |
Recent filings
- 4REDSTONE SUMNER M0000947871-19-000916SEC(opens sec.gov)
- 4REDSTONE SUMNER M0001225208-19-015414SEC(opens sec.gov)
- 4REDSTONE SUMNER M0001225208-19-005898SEC(opens sec.gov)
- 4NATIONAL AMUSEMENTS INC /MD/0001225208-19-005045SEC(opens sec.gov)
- 4REDSTONE SUMNER M0001225208-19-001382SEC(opens sec.gov)
- 4Viacom Inc.0001209191-16-152181SEC(opens sec.gov)
- 4CBS CORP0001225208-16-042319SEC(opens sec.gov)
- 4Viacom Inc.0001209191-15-081288SEC(opens sec.gov)
- 4CBS CORP0001225208-15-021112SEC(opens sec.gov)
Companies
- BLOCKBUSTER INCDirector, 10% Owner
- CNET NETWORKS INC10% Owner
- DIAL GLOBAL, INC. /DE/10% Owner
- MARKETWATCH INC10% Owner
- MARKETWATCH MEDIA INC10% Owner
- MIDWAY GAMES INC10% Owner
- OUTFRONT Media Inc.Director, 10% OwnerOUT
- Paramount GlobalDirector, 10% Owner, Chairman Emeritus
- PROELITE, INC.10% Owner
- SPANISH BROADCASTING SYSTEM INC10% Owner
- Viacom Inc.Director, 10% Owner, Chairman Emeritus
- WMS INDUSTRIES INC /DE/10% Owner
Address
1515 BROADWAY
NEW YORK, NY, 10036