Form 4: Berry Corp (BRY) Officer Helm Michael S. Reports Stock Transactions
SEC Form 4 Filing
VP, CAO Michael S. Helm reports transactions involving Berry Corp (BRY) common stock and restricted stock units.
Summary
- On February 19, 2025, Michael S. Helm, VP, CAO of Berry Corp (BRY), executed transactions involving common stock and restricted stock units.
- Helm acquired 12,335 shares of common stock through the vesting of restricted stock units (2022) and disposed of 3,658 shares to cover tax obligations at a price of $4.36.
- Additionally, Helm acquired 6,727 shares of common stock through the vesting of restricted stock units (2023) and disposed of 1,847 shares to cover tax obligations at a price of $4.36.
- Following these transactions, Helm directly owns 133,450 shares of Berry Corp common stock and 6,726 restricted stock units (2023).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment, as it simply reports factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 02/19/2022 | Initial grant date for 2022 Restricted Stock Units, vesting in three annual installments. |
| 02/19/2023 | Initial grant date for 2023 Restricted Stock Units, vesting in three annual installments. |
| 02/19/2025 | Date of reported transactions: vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Berry Corp, BRY, Helm Michael S., Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.