Welcome to our dedicated page for Barnwell Inds SEC filings (Ticker: BRN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Barnwell Industries, Inc. filings document an operating oil and gas company with Canadian production interests and minority Hawaii land-development partnership interests. Periodic reports and related disclosures cover production from the Twining oil field in Alberta, commodity exposure, operating and financial results, land investment activity, and the completed sale of U.S. oil and natural gas working interests.
Current reports on Form 8-K record material events such as operational updates, partnership distributions, strategic and corporate-development appointments, and asset-base updates. The filing record also includes material definitive agreements and capital-structure disclosures, including at-the-market common stock arrangements, along with governance matters, shareholder voting topics, risk disclosures, and late-filing notices when applicable.
Barnwell Industries, Inc. filed an amended current report to update compensation details for new director Joshua E. Schechter. The company explains that non-employee directors currently receive annual fees of $120,000 for the fiscal year ending September 30, 2026, excluding any extra fees for board committee service.
The company’s recent practice has been to pay this director fee half in restricted stock units and half in cash. Consistent with that approach, on December 3, 2025, Mr. Schechter was granted restricted stock units valued at $50,000, representing a prorated stock grant from his appointment date through September 30, 2026. The remainder of his director fees for the 2026 fiscal year will be paid in cash.
Barnwell Industries, Inc. reported an equity grant to one of its directors. On December 3, 2025, director Joshua Schechter received an award of 43,860 shares of common stock, described as a restricted stock unit grant made to a non-employee director pursuant to a Board of Directors decision on that date. Following this grant, the reporting person beneficially owns 83,674 shares of Barnwell Industries common stock in direct ownership. The filing reflects a routine director compensation transaction rather than an open-market purchase or sale.
Barnwell Industries director and 10% owner–affiliated entities reported open‑market sales of common stock. On 12/02/2025, MRMP‑Managers LLC sold 174,587.448 shares of Barnwell Industries common stock and the Ned L. Sherwood Revocable Trust sold 13,743 shares, with reported prices around $1.14–$1.15 per share based on the transaction table and notes. On 12/03/2025, MRMP‑Managers LLC sold an additional 131,910 shares at a price referenced as $1.10 per share.
After these transactions, MRMP‑Managers LLC is shown as beneficially owning 2,593,407.69 and then 2,461,497.69 shares on the respective dates, and the Ned L. Sherwood Revocable Trust is shown as beneficially owning 224,295 shares. The notes state that certain reported prices are weighted averages and clarify that Mr. Ned L. Sherwood, a director and 10% owner, disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Ned L. Sherwood filed Amendment No. 40 to his Schedule 13D updating his beneficial ownership in Barnwell Industries, Inc. common stock. He now reports beneficial ownership of 2,685,792.690 shares, representing 21.85% of Barnwell’s outstanding common stock. This stake includes 2,461,497.690 shares held by MRMP-Managers LLC, where he is Chief Investment Officer, and 224,295 shares held by the Ned L. Sherwood Revocable Trust, where he is sole trustee and beneficiary, and he disclaims beneficial ownership except to the extent of his pecuniary interest. The ownership percentages are based on 10,073,534 shares outstanding as of August 11, 2025 plus 2,221,141 shares issued in a recent offering. The filing also reports recent open-market sales for tax planning purposes, including 174,587.448 shares sold by MRMP-Managers LLC and 13,743 shares sold by the trust on December 2, 2025, and 131,910 shares sold by MRMP-Managers LLC on December 3, 2025.
Barnwell Industries disclosed that investor Bradley L. Radoff and the Radoff Family Foundation have accumulated a significant position in the company. Mr. Radoff is deemed to beneficially own 1,120,181 shares of common stock, or about 9.1% of Barnwell’s outstanding shares, including 560,090 shares held by the Radoff Family Foundation and 560,091 shares held directly.
The stake was built through a private placement completed on November 28, 2025, in which Barnwell agreed to sell an aggregate of 2,221,141 shares and warrants to purchase up to 1,029,104 shares at a price of $1.10 per share. The Radoff entities together bought 1,120,181 shares and warrants to purchase up to 560,090 additional shares at an exercise price of $1.65 per share, exercisable starting 180 days after closing for three years.
Under the purchase agreement, Mr. Radoff has the right to request that Barnwell’s board appoint one director, and he has recommended Joshua Schecter, who is expected to join the board following the closing. The filing notes that the company will register the resale of the purchased shares and warrant shares.
Barnwell Industries, Inc. reported that its Board of Directors increased its size from five to six members and appointed Joshua E. Schechter to the Board in connection with a previously disclosed private placement offering. His appointment became effective upon the closing of that offering on November 28, 2025, under a right granted to investor Bradley L. Radoff in the related securities purchase agreement to designate a director. Mr. Schechter will serve until the next annual meeting of stockholders and until a successor is elected and qualified, unless he resigns or is removed earlier.
Mr. Schechter currently serves as a director and chairman of the board of Pursuit Attractions and Hospitality, Inc. and Lifecore Biomedical, Inc., and he previously served on the board and Audit Committee of Bed Bath & Beyond Inc. He has no family relationships with Barnwell’s directors or executive officers, and aside from the appointment right granted to Mr. Radoff, there are no other arrangements or related-party transactions requiring disclosure in connection with his appointment.
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.
Barnwell Industries executive Kenneth S. Grossman reported an insider share purchase. On 11/24/2025, he bought 43,796 shares of Barnwell Industries, Inc. common stock at $1.10 per share, according to a Form 4 filing. After this transaction, he beneficially owns 210,211 shares of the company’s common stock in direct ownership.
Grossman serves as both a Director and the company’s Executive Vice President – Finance, so this filing reflects an increase in holdings by a senior financial officer and board member.
Barnwell Industries (BRN) director reports open-market stock purchase. A reporting person serving as a director of Barnwell Industries, Inc. acquired 59,563 shares of common stock on 11/24/2025 in a purchase transaction at a price of $1.10 per share. After this transaction, the director beneficially owns 271,603 shares of Barnwell common stock held directly. The filing is a Form 4, which discloses changes in insider ownership for this individual director.
Barnwell Industries (BRN) director Joshua Horowitz reported purchasing common stock in a private placement. On 11/24/2025, he acquired 14,563 shares of Barnwell common stock at $1.10 per share, held directly, bringing his directly owned position to 192,875 shares. On the same date, 45,000 additional shares at $1.10 per share were acquired and are reported as indirectly owned, with 315,276 shares held through Palm Global Small Cap Master Fund LP.
The filing explains that Palm Management (US) LLC, as investment manager of Palm Global, and Mr. Horowitz, due to his roles with Palm Global and Palm Management (US) LLC, may be deemed beneficial owners of the shares held by Palm Global, but they expressly disclaim beneficial ownership except to the extent of their pecuniary interest.