Berry Petroleum CFO Exercises Optionsadmin
The chief financial officer of oil and gas producer Berry Petroleum Co. exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Ralph Goehring reported he exercised the options Tuesday for $8.15 apiece and then sold all of them the same day for $31.40 to $31.53 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.
Berry Petroleum is based in Bakersfield, Calif.