Barfresh Director Acquires 19,763 Shares in Compensation Grant

Barfresh Food Group Director Joseph M. Cugine reported new stock acquisitions and existing derivative holdings in a Form 4 filing.

Accepted by SEC EDGAR 06/26/2025 - 03:25 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Barfresh Food Group Director Joseph M. Cugine reported new stock acquisitions and existing derivative holdings in a Form 4 filing. On June 24, 2025, Cugine received 19,763 restricted stock units as part of director compensation, which will vest prior to the 2026 annual stockholders meeting. Following this transaction, Cugine directly owns 254,489 shares.

The filing also discloses Cugine's existing stock options holdings:

• 19,231 options at $6.76 strike price, exercisable through December 31, 2026
• 5,724 options at $5.46 strike price, exercisable through May 7, 2029
• 19,231 options at $7.15 strike price, exercisable through December 31, 2026

This transaction represents standard non-employee director compensation and indicates continued alignment between director and shareholder interests through equity-based compensation.

Insider Trade Summary

Grant/Award: 19,763 shares

Grant/Award 1 txn

Insider Cugine Joseph M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	19,763	$0.00	$0.00
Holding	Stock options	--	--	--
Holding	Stock options	--	--	--
Holding	Stock options	--	--	--

Holdings After Transaction: Common Stock — 254,489 shares (Direct); Stock options — 44,186 contracts (Direct)

Holdings Before and After: Common Stock, 234,726 to 254,489 shares (Direct)

Footnotes (1)

1. F1. Represents director's compensation granted in restricted stock units pursuant to the Issuer's compensation plan for non-employee directors. Restricted stock units vest the day prior to the 2026 annual stockholders meeting.

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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^*

Cugine Joseph M.

(Last) (First) (Middle)

500-14 MAIN STREET

(Street)

RIDGEFIELD CT 06877

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BARFRESH FOOD GROUP INC. [ BRFH ]

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)
06/24/2025

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
Common Stock	06/24/2025		A		19,763	A	(1)	254,489	D

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
Stock options	$6.76							07/26/2018	12/31/2026	Common Stock	19,231		19,231	D
Stock options	$5.46							05/07/2021	05/07/2029	Common Stock	5,724		5,724	D
Stock options	$7.15							09/15/2017	12/31/2026	Common Stock	19,231		19,231	D

Explanation of Responses:

1. Represents director's compensation granted in restricted stock units pursuant to the Issuer's compensation plan for non-employee directors. Restricted stock units vest the day prior to the 2026 annual stockholders meeting.

	/s/ Joseph M. Cugine	06/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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