Barnwell Industries grants 9,346 restricted shares to finance EVP

Barnwell Industries, Inc. reported an equity grant to senior executive Philip F. Patman, who serves as a director and Executive VP – Finance.

Rhea-AI Filing Summary

Barnwell Industries, Inc. reported an equity grant to senior executive Philip F. Patman, who serves as a director and Executive VP – Finance. On 12/10/2025, he received 9,346 shares of common stock as a restricted stock award approved by the Board of Directors. After this grant, he beneficially owns 210,211 shares of Barnwell common stock in direct ownership.

The restricted stock award is structured to vest in a single installment on September 30, 2026, meaning Mr. Patman must remain eligible through that date to receive the shares free of restrictions. The filing is made by an attorney-in-fact on his behalf and reflects an acquisition transaction rather than a sale.

Insider Trade Summary

Grant/Award: 9,346 shares

Grant/Award 1 txn

Insider Patman Philip F Jr

Role Executive VP - Finance

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,346	$0.00	$0.00

Holdings After Transaction: Common Stock — 210,211 shares (Direct)

Footnotes (1)

1. F1. Represents a restricted stock award to Mr. Patman pursuant to a grant by the Board of Directors of Barnwell Industries, Inc. on December 10, 2025. The restricted stock unit award vests in one installment on September 30, 2026.

FAQ

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

What insider transaction did Barnwell Industries (BRN) report for Philip F. Patman?

Barnwell Industries reported that director and Executive VP – Finance Philip F. Patman received a restricted stock award of 9,346 shares of common stock on 12/10/2025.

How many Barnwell Industries (BRN) shares does Philip F. Patman own after this transaction?

Following the reported restricted stock award, Philip F. Patman beneficially owns 210,211 shares of Barnwell Industries common stock in direct ownership.

What type of security was granted to the Barnwell Industries (BRN) executive?

The transaction involved common stock granted as a restricted stock award, as described in the explanation of responses.

When do the restricted shares granted to the Barnwell (BRN) executive vest?

The restricted stock award to Philip F. Patman vests in one installment on September 30, 2026, according to the disclosure.

What is Philip F. Patman’s role at Barnwell Industries (BRN)?

Philip F. Patman is identified as both a Director and an Officer, serving as Executive VP – Finance of Barnwell Industries, Inc.

Was the Barnwell Industries (BRN) Form 4 filed for a single reporting person?

Yes. The form indicates that it is filed by one reporting person, covering only the transactions of Philip F. Patman.

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

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Accepted by SEC EDGAR 12/12/2025 - 04:49 PM Learn about SEC filing dates

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^*

Patman Philip F Jr

(Last) (First) (Middle)

C/O BARNWELL INDUSTRIES, INC.

1100 ALAKEA STREET, SUITE 500

(Street)

HONOLULU HI 96813

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	Executive VP - Finance

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/10/2025		A		9,346	A	(1)	210,211	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. Represents a restricted stock award to Mr. Patman pursuant to a grant by the Board of Directors of Barnwell Industries, Inc. on December 10, 2025. The restricted stock unit award vests in one installment on September 30, 2026.

	/s/ Alexander C. Kinzler Attorney-in-fact for Philip F. Patman	12/12/2025
	** 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.