Kaufman Kapital LLC trims BranchOut Food (NASDAQ: BOF) stake with 255,951-share sale

Rhea-AI Filing Summary

Kaufman Kapital LLC, an entity associated with BranchOut Food Inc. insider Daniel L. Kaufman, executed an open-market sale of 255,951 shares of Common Stock of BranchOut Food Inc. The weighted average sale price was $3.2880 per share, with individual trades ranging from $3.25 to $3.55 per share. Following this transaction, Kaufman Kapital LLC held 1,403,506 shares of BranchOut Food Inc. common stock indirectly. 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 the LLC.

Insights

Equity ownership & insider-trading analyst

Large insider-affiliated holder sold 255,951 BranchOut Food shares but retained over 1.4 million shares.

The filing shows Kaufman Kapital LLC conducted an open-market sale of 255,951 BranchOut Food common shares at a weighted average of $3.2880 per share. This is a discretionary sale, not tax withholding or option exercise.

After the transaction, Kaufman Kapital LLC still held 1,403,506 shares, indicating it remains a significant shareholder. Daniel L. Kaufman, as sole member and manager, has sole voting and dispositive power over these securities, so the trade reflects a portfolio decision by a large insider-affiliated holder.

The price range of $3.25 to $3.55 per share shows the sales were spread across multiple trades. The filing does not reference a Rule 10b5-1 trading plan, so the timing appears discretionary based on the information provided.

Insider Trade Summary

Net Seller: 255,951 shares ($841,567)

Net Sell 1 txn

Insider Kaufman Daniel Louis, Kaufman Kapital LLC

Role null | null

Sold 255,951 shs ($842K)

Type	Security	Shares	Price	Value
Sale	Common Stock	255,951	$3.288	$842K

Holdings After Transaction: Common Stock — 1,403,506 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 $3.55 per share, with a weighted average sale price of $3.2880 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.

Key Figures

Shares sold: 255,951 shares Weighted average sale price: $3.2880 per share Post-transaction holdings: 1,403,506 shares +1 more

4 metrics

Shares sold 255,951 shares Open-market sale of BranchOut Food common stock

Weighted average sale price $3.2880 per share Average price across reported sales

Post-transaction holdings 1,403,506 shares Shares held indirectly by Kaufman Kapital LLC after sale

Sale price range $3.25 to $3.55 per share Range of prices for individual trades

Key Terms

open-market sale, weighted average sale price, voting and dispositive power, ten percent owner, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale""

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

"with a weighted average sale price of $3.2880 per share"

voting and dispositive power financial

"has sole voting and dispositive power over all securities"

ten percent owner financial

""is_ten_percent_owner": 1"

indirect ownership financial

""ownership_type": "indirect""

Form 4 Insider Transactions: What Each Field Means →

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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

	Form filed by One Reporting Person
X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/05/2026		S		255,951(1)	D	$3.288(1)	1,403,506(2)	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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

	Director	X	10% 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

	Director	X	10% 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 $3.55 per share, with a weighted average sale price of $3.2880 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, individually	05/07/2026
	/s/ Daniel L. Kaufman, as sole member and manager of Kaufman Kapital LLC	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Kaufman Kapital LLC do in this BranchOut Food (BOF) Form 4 filing?

Kaufman Kapital LLC reported an open-market sale of 255,951 shares of BranchOut Food common stock. The weighted average sale price was $3.2880 per share, with trades executed between $3.25 and $3.55, reducing but not eliminating its indirect ownership stake.

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

After the reported transactions, Kaufman Kapital LLC held 1,403,506 shares of BranchOut Food common stock indirectly. This means it remains a large shareholder, even after selling 255,951 shares in the open market at a weighted average price of $3.2880 per share.

What prices were the BranchOut Food (BOF) shares sold for in this Form 4?

The shares were sold in multiple open-market trades at prices ranging from $3.25 to $3.55 per share. The weighted average sale price across all 255,951 shares was $3.2880 per share, as disclosed in the Form 4 footnote for these transactions.

Who controls the BranchOut Food (BOF) shares held by Kaufman Kapital LLC?

Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all its BranchOut Food securities. The Form 4 notes that the reported shares are held indirectly through Kaufman Kapital LLC, not directly by Kaufman personally.

Does this BranchOut Food (BOF) Form 4 include derivative securities or only common stock?

This Form 4 entry covers sales of BranchOut Food common stock held by Kaufman Kapital LLC. A footnote states it does not include shares issuable upon conversion or exercise of derivative securities, which are reported separately in Table II of other Form 4 filings.