Form 4: Berry Corp Director Donald L. Paul Reports Stock Transactions
SEC Form 4 Filing
Director Donald L. Paul reports acquisition and disposal of Berry Corp stock and restricted stock units.
Summary
- On March 1, 2025, Donald L. Paul, a director of Berry Corp (BRY), reported transactions involving the company's stock.
- He acquired 21,008 shares of common stock through the vesting of restricted stock units (RSUs) from 2024.
- He also acquired 22,659 restricted stock units that will vest on March 1, 2026.
- Following these transactions, Paul directly owns 116,230 shares of Berry Corp common stock.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing, indicating routine transactions. The sentiment is neutral to slightly positive due to the vesting of RSUs, which suggests confidence in the company's future.
Positives
- The acquisition of RSUs indicates confidence in the company's future performance, as these units vest based on continued employment.
Future Outlook
The reported transactions reflect ongoing compensation and incentive plans for Berry Corp's directors.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders, reflecting changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of grant of 22,659 Restricted Stock Units |
| 03/01/2025 | Date of RSU vesting and stock acquisition |
| 03/01/2025 | Date of RSU vesting and stock acquisition |
| 03/04/2025 | Date of Form 4 filing |
| 03/01/2026 | Vesting date for 22,659 Restricted Stock Units |
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