Form 4: Berry Global Director Transfers Shares to Revocable Trust

Director Evan Bayh transferred 1,518 shares of Berry Global stock to a revocable trust on November 26, 2024.

Summary

• On November 26, 2024, Evan Bayh, a director at Berry Global Group, Inc., transferred 1,518 shares of common stock to a revocable trust.
• The transfer was executed at a price of $0 per share, indicating it was not a sale but a movement of ownership.
• Following the transaction, Mr. Bayh directly owns 28,258 shares and indirectly owns 3,488 shares through the revocable trust.

Sentiment

Score: 5

Explanation: The document is a routine filing of a share transfer to a trust, which is neither positive nor negative for the company's performance.

Industry Context

This is a routine filing related to insider transactions and does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider reporting requirements.
• Similar transactions are common among directors and officers of public companies as part of their personal financial planning.

Stakeholder Impact

• The transaction has no immediate impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Berry Global, share transfer, revocable trust, director, insider transaction, Form 4