Biofrontera director granted 20,000 stock options

Hoffman Beth J. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Hoffman Beth J. reported acquisition or exercise transactions in this Form 4 filing.

Biofrontera Inc. director Beth J. Hoffman reported receiving an award of 20,000 employee stock options on March 4, 2026. The options were granted at a reported price of $0.0000 per share. They vest in twelve equal monthly installments beginning on April 4, 2026. After this grant, she holds 20,000 options directly.

Insider Trade Summary

Grant/Award: 20,000 shares

Grant/Award 1 txn

Insider Hoffman Beth J.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Employee stock option (right to buy)	20,000	$0.00	$0.00

Holdings After Transaction: Employee stock option (right to buy) — 20,000 contracts (Direct)

Footnotes (2)

1. F1. The option vests in twelve equal monthly installments beginning on April 4, 2026.
2. F2. Options with different terms are not included.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Biofrontera (BFRI) report for Beth J. Hoffman?

Biofrontera reported that director Beth J. Hoffman received an award of 20,000 employee stock options on March 4, 2026. These options were granted at a reported price of $0.0000 per share and are held directly in her name as disclosed.

How many stock options did Beth J. Hoffman receive from Biofrontera (BFRI)?

Beth J. Hoffman received 20,000 employee stock options from Biofrontera. The Form 4 shows this grant on March 4, 2026, with 20,000 options reported as the total number of derivative securities she owned directly following the transaction.

What is the vesting schedule for Beth J. Hoffman’s Biofrontera (BFRI) options?

The option grant to Beth J. Hoffman vests in twelve equal monthly installments. Vesting begins on April 4, 2026, meaning one-twelfth of the 20,000 options will vest each month over a one-year period, according to the footnote disclosure in the filing.

Was Beth J. Hoffman’s Biofrontera (BFRI) Form 4 a purchase or an award?

The Form 4 reflects an award, not an open-market purchase. It is coded as a grant or other acquisition of derivative securities, specifically 20,000 employee stock options, with a reported transaction price of $0.0000 per share on March 4, 2026.

Does Beth J. Hoffman hold Biofrontera (BFRI) options directly or indirectly?

According to the Form 4, Beth J. Hoffman holds the 20,000 employee stock options directly. The ownership type is reported as “D” for direct, and no footnotes indicate that the options are held through a separate entity or trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/06/2026 - 09:28 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hoffman Beth J.

(Last) (First) (Middle)

660 MAIN STREET

FIRST FLOOR

(Street)

WOBURN MA 01801

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Biofrontera Inc. [ BFRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	$0.9	03/04/2026		A		20,000		(1)	03/04/2036	Common Stock	20,000	$0	20,000(2)	D

Explanation of Responses:

1. The option vests in twelve equal monthly installments beginning on April 4, 2026.

2. Options with different terms are not included.

	/s/ Daniel Hakansson, Attorney-in-fact for Beth J. Hoffman	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.