Barnwell grants director Horowitz 69,000-share award

Each RSU represents a contingent right to one common share, with vesting tied to continued service as a director.

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 Joshua Horowitz received 69,000 restricted stock units (RSUs) on October 30, 2026, as a non-employee director award under the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated. Each RSU represents a contingent right to receive one common share upon vesting. The RSUs vest in three substantially equal annual installments on the first three grant anniversaries, subject to continued service as a director.

Insider Trade Summary

Grant/Award: 69,000 shares

Grant/Award 1 txn

Insider Horowitz Joshua

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	69,000	$0.00	$0.00
Holding	Common Stock F3	--	--	--

Footnotes (3)

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) 163,447 shares of common stock.
3. F3. Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP ("Palm Global"), may be deemed to be a beneficial owner of the shares of common stock disclosed as directly owned by Palm Global. Due to his positions as a portfolio manager and special limited partner of Palm Global and as an employee of Palm Management (US) LLC, Mr. Horowitz may be deemed to be a beneficial owner of the shares of common stock disclosed as directly owned by Palm Global. Palm Management (US) LLC and Mr. Horowitz expressly disclaim such beneficial ownership except to the extent of their pecuniary interest therein.

Key Figures

Restricted stock units awarded: 69,000 RSUs Unvested restricted stock units: 38,774 RSUs Common stock: 163,447 shares +1 more

4 metrics

Restricted stock units awarded 69,000 RSUs Director award on October 30, 2026

Unvested restricted stock units 38,774 RSUs Included in the amount reported in Column 5

Common stock 163,447 shares Included in the amount reported in Column 5

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

Key Terms

restricted stock units, contingent right, ratably, 2018 Equity Incentive Plan

4 terms

restricted stock units financial

"receipt of 69,000 restricted stock units ("RSUs") granted"

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"

2018 Equity Incentive Plan financial

"pursuant to the Barnwell Industries, Inc. 2018 Equity Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did BRN director Joshua Horowitz receive?

Joshua Horowitz received 69,000 RSUs on October 30, 2026, as a non-employee director award. Each RSU represents a contingent right to receive one common share upon vesting, and the award vests in three substantially equal annual installments subject to his continued service as a director.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Horowitz Joshua

(Last) (First) (Middle)

C/O PALM MANAGEMENT (US) LLC

19 WEST ELM STREET

(Street)

GREENWICH CONNECTICUT 06830

(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	$271,221(2)	D
Common Stock								$330,187	I	By Palm Global Small Cap Master Fund LP(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

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) 163,447 shares of common stock.

3. Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP ("Palm Global"), may be deemed to be a beneficial owner of the shares of common stock disclosed as directly owned by Palm Global. Due to his positions as a portfolio manager and special limited partner of Palm Global and as an employee of Palm Management (US) LLC, Mr. Horowitz may be deemed to be a beneficial owner of the shares of common stock disclosed as directly owned by Palm Global. Palm Management (US) LLC and Mr. Horowitz expressly disclaim such beneficial ownership except to the extent of their pecuniary interest therein.

	/s/ Joshua Horowitz	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)