Form 4: Berry Corp Director Rajath Shourie Reports Stock Transactions

Director Rajath Shourie reports the acquisition and disposal of Berry Corp common stock and restricted stock units.

Summary

• On March 1, 2025, Director Rajath Shourie exercised 21,008 Restricted Stock Units (RSUs) from the 2024 grant, acquiring 21,008 shares of Berry Corp common stock.
• Following this transaction, Shourie directly owns 104,678 shares of common stock.
• On February 28, 2025, Shourie was granted 22,659 Restricted Stock Units (RSUs) from the 2025 grant, which will vest on March 1, 2026, subject to continued employment.
• Each RSU represents a contingent right to receive one share of Berry Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications for the company's performance.

Future Outlook

The 2025 RSUs will vest on March 1, 2026, subject to the continued employment of the reporting person.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the director's holdings.
• The vesting of RSUs is contingent on the director's continued employment, potentially impacting employee retention.

Key Dates