STOCK TITAN

Kaufman Kapital LLC, 10% owner of BranchOut Food (BOF), sells 213,830 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

BranchOut Food Inc. reported an insider transaction involving a significant shareholder. On May 12, 2026, Kaufman Kapital LLC, an entity for which Daniel L. Kaufman is the sole member and manager with sole voting and dispositive power, executed an open-market sale of 213,830 shares of BranchOut Food common stock. The shares were sold at prices ranging from $3.25 to $3.45 per share, with a weighted average sale price of $3.26 per share. Following this sale, Kaufman Kapital LLC held 1,689,676 shares of BranchOut Food common stock indirectly. The filing notes that additional shares issuable upon conversion or exercise of derivative securities are reported separately.

Positive

  • None.

Negative

  • None.
Insider Kaufman Daniel Louis, Kaufman Kapital LLC
Role null | null
Sold 213,830 shs ($697K)
Type Security Shares Price Value
Sale Common Stock 213,830 $3.26 $697K
Holdings After Transaction: Common Stock — 1,689,676 shares (Indirect, By Kaufman Kapital LLC)
Footnotes (1)
  1. The sales reported on this line were effected in multiple open-market transactions at prices ranging from $3.25 to $3.45 per share, with a weighted average sale price of $3.26 per share. Full information regarding the number of shares sold at each separate price within this range will be provided upon request to the SEC staff, the Issuer, or a security holder of the Issuer. Represents shares of Common Stock held directly by Kaufman Kapital LLC. Does not include shares issuable upon conversion or exercise of derivative securities, which are reported in Table II of separate Form 4 filings. Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC.
Shares sold 213,830 shares Open-market sale on May 12, 2026
Weighted average sale price $3.26 per share Common stock open-market transactions
Sale price range $3.25–$3.45 per share Multiple open-market transactions
Shares held after transaction 1,689,676 shares Indirect holdings by Kaufman Kapital LLC after sale
open-market sale financial
"The sales reported on this line were effected in multiple open-market transactions at prices ranging"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"at prices ranging from $3.25 to $3.45 per share, with a weighted average sale price of $3.26 per share"
ten percent owner financial
"is_ten_percent_owner": 1"
indirect ownership financial
"ownership_type": "indirect""
SEC Form 4
FORM 4UNITED 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*
Kaufman Daniel Louis

(Last)(First)(Middle)
2158 CALLE PARK BLVD

(Street)
SAN JUAN PUERTO RICO 00913

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BranchOut Food Inc. [ BOF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/12/2026S213,830(1)D$3.26(1)1,689,676(2)IBy Kaufman Kapital LLC(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Kaufman Daniel Louis

(Last)(First)(Middle)
2158 CALLE PARK BLVD

(Street)
SAN JUAN PUERTO RICO 00913

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Kaufman Kapital LLC

(Last)(First)(Middle)
2158 CALLE PARK BLVD,

(Street)
SAN JUAN PUERTO RICO 00913

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The sales reported on this line were effected in multiple open-market transactions at prices ranging from $3.25 to $3.45 per share, with a weighted average sale price of $3.26 per share. Full information regarding the number of shares sold at each separate price within this range will be provided upon request to the SEC staff, the Issuer, or a security holder of the Issuer.
2. Represents shares of Common Stock held directly by Kaufman Kapital LLC. Does not include shares issuable upon conversion or exercise of derivative securities, which are reported in Table II of separate Form 4 filings.
3. Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC.
/s/ Daniel L. Kaufman, individually05/14/2026
/s/ Daniel L. Kaufman, as sole member and manager of Kaufman Kapital LLC05/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BranchOut Food (BOF) report for Kaufman Kapital LLC?

BranchOut Food reported that Kaufman Kapital LLC completed an open-market sale of 213,830 shares of common stock. This transaction reflects trading activity by a large shareholder with indirect ownership through the LLC structure.

At what prices were the BranchOut Food (BOF) shares sold by Kaufman Kapital LLC?

The shares were sold in multiple open-market trades at prices between $3.25 and $3.45 per share. The weighted average sale price across these transactions was $3.26 per share, according to the Form 4 footnote.

How many BranchOut Food (BOF) shares does Kaufman Kapital LLC hold after the sale?

After the reported sale, Kaufman Kapital LLC holds 1,689,676 shares of BranchOut Food common stock. These shares are reported as indirect ownership, with Daniel L. Kaufman exercising sole voting and dispositive power over the securities.

Who controls Kaufman Kapital LLC’s BranchOut Food (BOF) holdings?

Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over its BranchOut Food shares. The Form 4 specifies that the securities are held indirectly through the LLC.

Does the reported BranchOut Food (BOF) transaction include derivative securities?

The reported transaction covers common stock only and excludes derivative securities. The filing states that shares issuable upon conversion or exercise of derivative securities are reported separately in Table II of other Form 4 filings.

What type of transaction was reported for BranchOut Food (BOF) on May 12, 2026?

The Form 4 reports an open-market sale of common stock on May 12, 2026. Kaufman Kapital LLC, an entity associated with a ten percent owner, sold 213,830 shares at a weighted average price of $3.26 per share.