Form 4: Berry Global Director Jill A. Rahman Acquires Shares Through Vesting of Restricted Stock Units

Director Jill A. Rahman of Berry Global Group, Inc. acquired 1,518 shares of common stock through the vesting of restricted stock units.

Summary

• Jill A. Rahman, a director at Berry Global Group, Inc., acquired 1,518 shares of common stock on November 20, 2024.
• This acquisition resulted from the vesting of restricted stock units that were granted on November 20, 2023.
• The restricted stock units vested in full on November 20, 2024, and each unit represents the right to receive one share of BERY common stock.
• The number of previously disclosed Restricted Stock Units was adjusted to reflect the previously announced spinoff and merger of BERY's HHNF with Glatfelter Corporation.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed neutrally to slightly positive. The vesting of shares is a positive sign of alignment of interests.

Positives

• The vesting of restricted stock units indicates a long-term alignment of interests between the director and the company.
• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This transaction is a routine part of executive compensation and aligns with standard practices for publicly traded companies.

Comparison to Industry Standards

• The vesting of restricted stock units is a common practice in executive compensation across various industries.
• Many publicly traded companies use restricted stock units as a way to incentivize and retain key personnel, aligning their interests with those of shareholders.
• The specific vesting schedule and terms of the restricted stock units are typical for director compensation packages.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it demonstrates confidence in the company's future performance.

Key Dates

Keywords

Berry Global, Director, Jill A. Rahman, Restricted Stock Units, Share Acquisition, Vesting, BERY