Barnwell Industries awards director 69,000 stock units

Q: What RSU award did BRN director Philip James McPherson receive?

Philip James McPherson received 69,000 RSUs on October 30, 2026, as a non-employee director award. The RSUs vest in three substantially equal annual installments, subject to his continued service as a director.

Q: How many RSUs did Philip James McPherson hold after the BRN award?

The reported total following the award was 113,445 RSUs. It included the 69,000 newly awarded RSUs and 44,445 RSUs granted on October 8, 2025, of which 14,666 had vested.

The award vests in three substantially equal annual installments, subject to the director’s continued service.

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

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Rhea-AI Filing Summary

Barnwell Industries Inc. (BRN) director Philip James McPherson received 69,000 restricted stock units (RSUs) on October 30, 2026, as a non-employee director award under the company’s 2018 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting. The RSUs vest in three substantially equal annual installments, subject to his continued service as a director. The reported total following the award was 113,445 RSUs.

Insider Trade Summary

Grant/Award: 69,000 shares

Grant/Award 1 txn

Insider McPherson Philip James

Role Director

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

Holdings After Transaction: Common Stock — 113,445 shares (Direct)

Footnotes (2)

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.
F2. The total reported in Column 5 includes (i) the 69,000 newly awarded RSUs and (ii) 44,445 RSUs granted on October 8, 2025, of which 14,666 have vested.

Key Figures

RSUs awarded: 69,000 RSUs Vesting installments: 3 annual installments RSUs following transaction: 113,445 RSUs +2 more

5 metrics

RSUs awarded 69,000 RSUs Granted October 30, 2026

Vesting installments 3 annual installments Substantially equal; subject to continued service as a director

RSUs following transaction 113,445 RSUs Reported total after the award

Previously granted RSUs 44,445 RSUs Granted October 8, 2025

Previously granted RSUs vested 14,666 RSUs Of the 44,445 RSUs granted October 8, 2025

Key Terms

restricted stock units, contingent right, vest 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"

vest ratably financial

"The RSUs vest ratably in three substantially equal annual installments"

FAQ

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

What RSU award did BRN director Philip James McPherson receive?

Philip James McPherson received 69,000 RSUs on October 30, 2026, as a non-employee director award. The RSUs vest in three substantially equal annual installments, subject to his continued service as a director.

How many RSUs did Philip James McPherson hold after the BRN award?

The reported total following the award was 113,445 RSUs. It included the 69,000 newly awarded RSUs and 44,445 RSUs granted on October 8, 2025, of which 14,666 had vested.

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^*

McPherson Philip James

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/30/2026		A		69,000⁽¹⁾	A	$0	113,445⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 and (ii) 44,445 RSUs granted on October 8, 2025, of which 14,666 have vested.

	/s/ Philip J. McPherson	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)

Source: View Original Filing on SEC EDGAR