Barrel Energy Inc. (BRLL) grants director 2M common shares as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Almufti Sherien reported acquisition or exercise transactions in this Form 4 filing.
Barrel Energy Inc. issued 2,000,000 shares of common stock to director Sherien Almufti on July 13, 2026 as compensation for services as a member of the Board of Directors. The shares were valued at $0.001 per share, with no cash consideration paid, leaving Almufti holding 2,000,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Almufti Sherien
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000,000 | $0.001 | $2K |
Holdings After Transaction:
Common Stock — 2,000,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,000,000 shares of common stock
Grant valuation per share: $0.001 per share
Shares owned after grant: 2,000,000 shares
3 metrics
Shares granted
2,000,000 shares of common stock
Issued as compensation on July 13, 2026
Grant valuation per share
$0.001 per share
Indicated value used for the stock compensation grant
Shares owned after grant
2,000,000 shares
Direct ownership following the award to Sherien Almufti
Key Terms
Grant, award, or other acquisition, compensation for services rendered, Board of Directors
3 terms
Grant, award, or other acquisition financial
"Transaction code description is "Grant, award, or other acquisition" for the shares"
compensation for services rendered financial
"Shares issued as compensation for services rendered as a member of the Board"
Board of Directors regulatory
"Compensation was for services rendered as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Barrel Energy Inc. (BRLL) report for director Sherien Almufti?
Barrel Energy Inc. reported that director Sherien Almufti received 2,000,000 shares of common stock as compensation for board service. The shares were issued on July 13, 2026 and represent a stock-based award rather than an open-market transaction.