Form 4: Berry Corp Director Bob Matthew Regis Acquires Restricted Stock Units

Director Bob Matthew Regis acquired 5,252 Restricted Stock Units in Berry Corp on October 23, 2024, convertible to common stock on October 23, 2025, subject to continued employment.

Summary

• On October 23, 2024, Bob Matthew Regis, a director of Berry Corp (bry), acquired 5,252 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of Berry Corp common stock.
• The RSUs will vest on October 23, 2025, subject to Mr. Regis's continued employment with the company.
• The price of each derivative security is $0.00.
• Following the transaction, Mr. Regis directly owns 5,252 derivative securities.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock unit acquisition by a director.

Future Outlook

The RSUs will vest on October 23, 2025, subject to the continued employment of the Reporting Person.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.

Stakeholder Impact

• The acquisition of RSUs by a director aligns their interests with shareholders, incentivizing them to improve company performance.

Key Dates