Form 4: Berry Corp Director Bob Matthew Regis Acquires 22,659 Restricted Stock Units
SEC Form 4
Director Bob Matthew Regis reports acquisition of 22,659 restricted stock units in Berry Corp (BRY) on February 28, 2025.
Summary
- On February 28, 2025, Bob Matthew Regis, a director of Berry Corp (BRY), acquired 22,659 Restricted Stock Units (RSUs).
- Each RSU represents a contingent right to receive one share of Berry Corp common stock.
- The RSUs will vest on March 1, 2026, contingent upon the continued employment of Mr. Regis.
- The price of each derivative security is $0.00.
- Following the transaction, Mr. Regis directly owns 22,659 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock units being granted, which is neither overtly positive nor negative.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future.
Future Outlook
The vesting of the RSUs is contingent upon the continued employment of the Reporting Person until March 1, 2026.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Bob Matthew Regis acquired 22,659 Restricted Stock Units. |
| 03/04/2025 | Date of report: Filing date of the Form 4. |
| 03/01/2026 | Vesting date for the Restricted Stock Units, contingent upon continued employment. |
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