Form 4: Berry Corp Director Renee J. Hornbaker Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Renee J. Hornbaker reports the vesting of restricted stock units and acquisition of common stock in Berry Corp.

Summary

  • On March 1, 2025, Renee J. Hornbaker, a director of Berry Corp (BRY), acquired 30,812 shares of common stock upon the vesting of restricted stock units.
  • These restricted stock units, granted in 2024, converted into common stock at a price of $0.00 per share.
  • Following this transaction, Hornbaker directly owns 88,972 shares of Berry Corp common stock.
  • Additionally, Hornbaker was granted 33,233 restricted stock units on February 28, 2025, which will vest on March 1, 2026, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The reporting person will receive 33,233 shares of common stock on March 1, 2026, subject to continued employment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the ownership positions of company executives and directors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

DateDescription
02/28/2025Grant date of 33,233 Restricted Stock Units
03/01/2025Vesting date of 30,812 Restricted Stock Units and acquisition of common stock
03/04/2025Date of Form 4 filing

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