4/A: Berry Global Group CEO Kevin Kwilinski Amends Form 4 Filing to Correctly Report Tax Withholding on Vesting Restricted Stock Units

Sentiment:

SEC Filing


Kevin Kwilinski, CEO of Berry Global Group, files an amendment to a previous Form 4 to accurately reflect the withholding of shares for tax obligations related to the vesting of restricted stock units.

Summary

  • This is an amendment to a Form 4 filing by Kevin J. Kwilinski, CEO of Berry Global Group, Inc.
  • The original Form 4, filed on October 7, 2024, reported the vesting of restricted stock units.
  • This amendment corrects an omission in the original filing regarding the withholding of shares for payment of applicable withholding taxes on the vesting of the restricted stock units.
  • On October 6, 2024, 20,097 shares were withheld for tax purposes at a price of $66.60 per share.
  • Kwilinski received 33,561 shares of common stock upon vesting of the restricted stock units.
  • After the transaction, Kwilinski beneficially owns 35,561 shares of common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, correcting a minor omission. It doesn't indicate any significant positive or negative developments for the company.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The correction ensures accurate reporting to shareholders and the SEC.

Key Dates

DateDescription
10/06/2024Date of transaction (withholding of shares for taxes).
10/07/2024Date of original Form 4 filing.
10/16/2024Date of amended Form 4/A filing.

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