JAMES M. TRIMBLE - 18 Dec 2025 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role
Director
Signature
/s/ Danielle Hunter as attorney-in-fact for James M. Trimble
Issuer symbol
BRY
Transactions as of
18 Dec 2025
Net transactions value
$0
Form type
4
Filing time
18 Dec 2025, 17:16:11 UTC
Previous filing
04 Jun 2025
Next filing
30 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TRIMBLE JAMES M Director 16000 N. DALLAS PKWY., SUITE 500, DALLAS /s/ Danielle Hunter as attorney-in-fact for James M. Trimble 18 Dec 2025 0001195182

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRY 2025 Restricted Stock Units Options Exercise +22,659 +108% 43,667 18 Dec 2025 Direct F1, F3
transaction BRY Common Stock Disposed to Issuer -43,667 -100% 0 18 Dec 2025 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BRY 2025 Restricted Stock Units Options Exercise -22,659 -100% 0 18 Dec 2025 Common Stock 22,659 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JAMES M. TRIMBLE is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 18, 2025, the transactions contemplated by the Agreement and Plan of Merger, dated September 14, 2025 (the "Merger Agreement"), by and among Berry Corporation (bry) (the "Issuer"), California Resources Corporation ("CRC"), and Dornoch Merger Sub, LLC ("Merger Sub") were consummated. Pursuant to the Merger Agreement, Merger Sub merged with and into the Issuer with the Issuer surviving as a wholly owned subsidiary of CRC (the "Merger").
F2 Pursuant to the Merger Agreement, each share of the Issuer's common stock, par value $0.001 per share ("Berry Common Stock"), beneficially owned by the Reporting Person at the effective time of the Merger (the "Effective Time") was converted into the right to receive 0.0718 (the "Exchange Ratio") shares of common stock, par value $0.01 per share, of CRC ("CRC Common Stock"), with cash paid in lieu of the issuance of fractional shares (the "Merger Consideration").
F3 Pursuant to the Merger Agreement, each outstanding restricted stock unit not subject to performance-based vesting conditions ("RSU") that accelerated at the Effective Time in accordance with its terms ("Single Trigger RSU") was cancelled in exchange for an amount in cash equal to the number of shares of Berry Common Stock subject to such Single Trigger RSU multiplied by the product of (a) $47.21 (the VWAP per share of CRC Common Stock for the 15 consecutive trading days ending on and including the second full trading day prior to the Effective Time in accordance with the Merger Agreement) and (b) the Exchange Ratio .