Form 4: Berry Corp CEO Reports Stock Transactions
SEC Form 4
Berry Corp CEO Fernando Araujo reports acquisition and disposal of common stock due to vesting of restricted stock units and tax withholding.
Summary
- On February 28, 2024, Fernando Araujo, the CEO of Berry Corp (BRY), reported transactions involving the company's common stock.
- Araujo acquired 87,602 shares of common stock at $0.00.
- Araujo disposed of 44,397 shares of common stock at $6.83.
- Araujo acquired 155,831 shares of common stock at $0.00.
- Araujo disposed of 70,350 shares of common stock at $6.83.
- Following these transactions, Araujo beneficially owns 286,995 shares of Berry Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the CEO's stock transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transactions (acquisition and disposal). |
| 03/01/2024 | Date of signature by attorney-in-fact. |
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