Danielle Hunter - 18 Dec 2025 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role: President
Signature: /s/ Danielle Hunter
Issuer symbol: BRY
Transactions as of: 18 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 18 Dec 2025, 17:14:30 UTC
Previous filing: 04 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hunter Danielle E.	President	16000 N. DALLAS PKWY., SUITE 500, DALLAS	/s/ Danielle Hunter	18 Dec 2025	0001677619

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRY	2023 Restricted Stock Units	Options Exercise		+20,179	+5.7%		371,912	18 Dec 2025	Direct	F1, F3
transaction	BRY	Common Stock	Disposed to Issuer		-371,912	-100%		0	18 Dec 2025	Direct	F1, F2, F3, F4

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	2023 Restricted Stock Units	Options Exercise		-20,179	-100%		0	18 Dec 2025	Common Stock	20,179		Direct	F3
transaction	BRY	2024 Restricted Stock Units	Disposed to Issuer		-50,420	-100%		0	18 Dec 2025	Common Stock	50,420		Direct	F4
transaction	BRY	2025 Restricted Stock Units	Disposed to Issuer		-101,964	-100%		0	18 Dec 2025	Common Stock	101,964		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Danielle Hunter 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 .
F4	Pursuant to the Merger Agreement, each outstanding RSU that is not a Single Trigger RSU ("Double Trigger RSU") was canceled in exchange for a restricted stock unit of CRC denominated in a number of shares of CRC Common Stock equal to the product of (x) the number of shares of Berry Common Stock subject to such Double Trigger RSU multiplied by (y) the Exchange Ratio and remains subject to the same terms and conditions (including vesting terms) as were applicable prior to the Effective Time.