Barnwell Industries (BRN) director Joshua Schechter files Form 3 with stock and warrant holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Barnwell Industries, Inc. reported the initial holdings of a new director, Joshua Schechter, in a Form 3. As of his appointment to the Board of Directors effective November 28, 2025, he beneficially owns 39,814 shares of common stock in direct form. He also holds a warrant exercisable beginning May 27, 2026 and expiring May 27, 2029 to purchase 19,907 shares of common stock at an exercise price of $1.65 per share, also held directly. This filing establishes his baseline ownership as an insider and director of Barnwell Industries.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schechter Joshua
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Warrant — 19,907 shares (Direct);
Common Stock — 39,814 shares (Direct)
Footnotes (1)
FAQ
What does Barnwell Industries (BRN) disclose in this Form 3 filing?
The filing discloses that Joshua Schechter has become a director of Barnwell Industries, Inc. and reports his initial beneficial ownership of the company’s securities, including common stock and a warrant.
What derivative securities of Barnwell Industries (BRN) does the reporting person hold?
He holds a warrant to purchase 19,907 shares of Barnwell Industries common stock at an exercise price of $1.65 per share, exercisable starting May 27, 2026 and expiring on May 27, 2029.
When did Joshua Schechter become a director of Barnwell Industries (BRN)?
His appointment as a Director to the Board of Directors of Barnwell Industries, Inc. became effective on November 28, 2025.
Is the ownership reported by Joshua Schechter in Barnwell Industries (BRN) direct or indirect?
Both the 39,814 shares of common stock and the warrant for 19,907 shares are reported as held in direct (D) ownership.
What is the purpose of this Barnwell Industries (BRN) Form 3?
Form 3 serves as an initial statement of beneficial ownership by an insider. Here, it records the securities owned by Joshua Schechter at the time he became a director of Barnwell Industries.