Form 4: Berry Corp (BRY) VP, CAO Michael S. Helm Reports Stock Transactions

Michael S. Helm, VP, CAO of Berry Corp (BRY), reports the vesting and subsequent disposal of restricted stock units, along with the acquisition of new restricted stock units.

Summary

• On March 1, 2025, Michael S. Helm, VP, CAO of Berry Corp (BRY), vested 10,831 restricted stock units (RSUs) from the 2024 grant.
• These RSUs converted into common stock, which were then disposed of to cover tax obligations.
• The disposal price was $4.07 per share, resulting in 3,212 shares being disposed of.
• On February 28, 2025, Helm was granted 28,324 new RSUs under the 2025 plan.
• Following these transactions, Helm directly owns 141,069 shares of Berry Corp common stock and 28,324 RSUs from the 2025 grant, in addition to 21,662 RSUs from the 2024 grant.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides 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.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates