Form 4: Berry Global Group Director Jonathan Foster Reports Disposal of Shares and Derivative Securities Following Amcor Acquisition

Director Jonathan Foster reports the disposal of Berry Global Group shares and derivative securities following the completion of the acquisition by Amcor plc on April 30, 2025.

Summary

• On April 30, 2025, Berry Global Group was acquired by Amcor plc.
• As a result of the merger, Jonathan Foster, a director of Berry Global Group, reported changes in his beneficial ownership.
• Foster disposed of 25,326 shares of common stock.
• He also disposed of 2,092 restricted stock units and 64,565 stock options.
• The transactions were related to the conversion of Berry Global Group securities into Amcor ordinary shares and cash, as per the merger agreement.
• Each share of Berry Global Group common stock was converted into the right to receive 7.25 Amcor ordinary shares and potential cash in lieu of fractional shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a merger. It doesn't convey strong positive or negative sentiment, but rather reports factual transactions.

Future Outlook

The document does not contain any specific forward-looking statements for Amcor or Berry Global Group beyond the completion of the merger.

Industry Context

This announcement reflects the trend of consolidation within the packaging industry, with Amcor acquiring Berry Global Group to expand its market presence and capabilities.

Stakeholder Impact

• Shareholders of Berry Global Group received Amcor ordinary shares and potential cash as a result of the acquisition.
• Employees of Berry Global Group may experience changes in their roles and responsibilities as the company integrates with Amcor.

Key Dates

Keywords

Form 4, Beneficial Ownership, Amcor, Merger, Acquisition, Berry Global Group, Director, Jonathan Foster, Securities Disposal