Form 4: Berry Global Group Director Settles Restricted Stock Units
SEC Form 4 Filing
Director Peter T. Thomas settled 1,407 restricted stock units of Berry Global Group, Inc. into common stock on March 6, 2024.
Summary
- On March 6, 2024, Peter T. Thomas, a director of Berry Global Group, Inc., settled 1,407 restricted stock units (RSUs) into shares of common stock.
- The RSUs, which each represent a contingent right to receive one share of BERY common stock, vested in full on the same date.
- Following the transaction, Thomas directly owns 3,407 shares of Berry Global Group, Inc. common stock and 1,393 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting the routine settlement of previously granted compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard compensation practices using restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 03/06/2023 | Date the restricted stock units were granted. |
| 03/06/2024 | Date of transaction: settlement of restricted stock units and vesting date. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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