Barnwell grants Grossman rights to 69,000 shares

The award vests in three substantially equal annual installments on the first three grant anniversaries, subject to continued director service.

Available on EDGAR 11/03/2026 - 04:26 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:25 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Barnwell Industries Inc. director Kenneth S. Grossman received 69,000 restricted stock units on October 30, 2026, as a non-employee director award under the company’s 2018 Equity Incentive Plan, as amended and restated. Each RSU represents a contingent right to receive one common share upon vesting. The awards vest in three substantially equal annual installments on the first three grant anniversaries, subject to his continued service as a director. His reported post-transaction holdings total 349,949, including the new award, 38,774 unvested RSUs and 242,175 common shares.

Insider Trade Summary

Grant/Award: 69,000 shares

Grant/Award 1 txn

Insider GROSSMAN KENNETH S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	69,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 349,949 shares (Direct)

Footnotes (2)

1. F1. The reported transaction involved the Reporting Person's receipt of 69,000 restricted stock units ("RSUs") granted by the Board of Directors of Barnwell Industries, Inc. on October 30, 2026 as a non-employee director award pursuant to the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated. Each RSU represents a contingent right to receive one share of common stock upon vesting. The RSUs vest ratably in three substantially equal annual installments on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service as a director.
2. F2. The total reported in Column 5 includes (i) the 69,000 newly awarded RSUs, (ii) 38,774 RSUs that have not yet vested and (iii) 242,175 shares of common stock.

Key Figures

Director award: 69,000 restricted stock units Vesting schedule: 3 substantially equal annual installments Reported post-transaction holdings: 349,949 +2 more

5 metrics

Director award 69,000 restricted stock units Awarded October 30, 2026

Vesting schedule 3 substantially equal annual installments On each of the first three grant anniversaries

Reported post-transaction holdings 349,949 Includes newly awarded and unvested RSUs and common shares

Unvested RSUs 38,774 RSUs Included in reported post-transaction holdings

Common shares 242,175 shares Included in reported post-transaction holdings

Key Terms

restricted stock units, contingent right, ratably

3 terms

restricted stock units financial

"receipt of 69,000 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each RSU represents a contingent right to receive one share"

ratably financial

"vest ratably in three substantially equal annual installments"

FAQ

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How many RSUs did BRN director Kenneth S. Grossman receive?

Kenneth S. Grossman received 69,000 restricted stock units on October 30, 2026, as a non-employee director award under Barnwell Industries Inc.’s 2018 Equity Incentive Plan, as amended and restated. Each RSU represents a contingent right to receive one common share upon vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

GROSSMAN KENNETH S

(Last) (First) (Middle)

C/O BARNWELL INDUSTRIES, INC.

24 GREENWAY PLAZA, SUITE 1800Q

(Street)

HOUSTON TEXAS 77046

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BARNWELL INDUSTRIES INC [ BRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

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

X	Form filed by One Reporting Person
	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	10/30/2026		A		69,000(1)	A	$0	349,949(2)	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

Explanation of Responses:

1. The reported transaction involved the Reporting Person's receipt of 69,000 restricted stock units ("RSUs") granted by the Board of Directors of Barnwell Industries, Inc. on October 30, 2026 as a non-employee director award pursuant to the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated. Each RSU represents a contingent right to receive one share of common stock upon vesting. The RSUs vest ratably in three substantially equal annual installments on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service as a director.

2. The total reported in Column 5 includes (i) the 69,000 newly awarded RSUs, (ii) 38,774 RSUs that have not yet vested and (iii) 242,175 shares of common stock.

	/s/ Kenneth S. Grossman	11/03/2026
	** 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)