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. announced a private placement with certain investors, including some directors, to sell 2,221,141 shares of common stock at $1.10 per share and issue warrants to purchase up to 1,029,104 additional shares. The gross proceeds to the company are expected to be about $2,443,255, with closing targeted on or about November 28, 2025, subject to customary conditions.
The warrants carry a $1.65 exercise price, become exercisable 180 days after closing, and remain exercisable for three years. Under certain price conditions, the company may require warrant exercises. One purchaser, Bradley L. Radoff, has the right to appoint a director, and his nominee, Joshua Schecter, is expected to join the board. Barnwell also agreed to register the resale of the shares and warrant shares within set deadlines and will bear related registration expenses.
Barnwell Industries (BRN) appointed Philip F. Patman, Jr. as Executive Vice President – Finance and announced the planned retirement of long‑serving CFO Russell Gifford by year‑end 2025. The Board expanded from four to five seats and appointed Mr. Patman as a director until the next annual meeting.
Compensation includes a stock award of 83,207 shares, an RSU award for 83,208 shares, and a stock option for 185,000 shares at an exercise price of $1.21 per share, each vesting 34% on October 27, 2026, then 33% on October 27, 2027 and 33% on October 27, 2028. The option has a ten‑year term. His initial annual base salary is $315,000, with eligibility for cash and RSU bonuses and long‑term equity awards.
From January 1, 2026, severance protections provide an Additional Payment equal to 50% (Regular) or 100% (CIC) of specified compensation items, plus continuation of health premium reimbursements (six or twelve monthly payments). Upon a CIC Severance Payment Event, unvested equity and earned RSU bonuses would vest in full. No family relationships or related‑party transactions were disclosed.
Barnwell Industries (BRN) reported insider equity grants for Executive VP - Finance and Director Philip F. Patman, Jr. on a Form 4 dated 10/27/2025. The filing lists a stock award of 83,207 shares of common stock and a restricted stock unit award of 83,208 RSUs.
The company also granted an incentive stock option for 185,000 shares with a $1.21 exercise price, expiring on 10/27/2035. Both the RSUs and the option vest in three installments: 34% on 10/27/2026, 33% on 10/27/2027, and 33% on 10/27/2028. These equity awards represent compensation for Mr. Patman’s role and follow approvals by the Compensation Committee and Board.
Barnwell Industries (BRN) filed a Form 3 reporting the appointment of Philip F. Patman, Jr. as Executive Vice President - Finance and as a Director, effective October 27, 2025. The filing states that no securities are beneficially owned. It was signed by Alexander C. Kinzler as attorney-in-fact for Philip F. Patman, Jr.
Barnwell Industries, Inc. (BRN) reported a Form 4 showing that director Joshua Horowitz received a grant of 44,445 restricted stock units on 10/08/2025. After the award, Mr. Horowitz is reported to beneficially own 178,312 shares directly and is also associated with an indirect holding of 270,276 shares held by Palm Global Small Cap Master Fund LP, for which Palm Management (US) LLC acts as investment manager; the filing notes disclaimers about the extent of Mr. Horowitz’s beneficial ownership. The filing was signed via attorney-in-fact on 10/10/2025.
Kenneth S. Grossman, a director of Barnwell Industries, Inc. (BRN), was granted 44,445 restricted stock units (RSUs) on 10/08/2025. After the grant, Mr. Grossman beneficially owned 212,040 shares of common stock. The award is disclosed as a non-employee director grant and was reported on a Form 4 signed by an attorney-in-fact on 10/10/2025. The filing indicates the RSUs were issued pursuant to a Board grant and are described as restricted stock unit awards; no exercise price, vesting schedule, or explicit cash consideration is stated in the Form 4.
Barnwell Industries, Inc. (BRN) reported a Form 4 showing that director Philip J. McPherson was granted 44,445 restricted stock units on 10/08/2025. The award is recorded as a non‑derivative acquisition and is held directly. The filing states the grant represents a restricted stock unit award made pursuant to a Board grant to a non‑employee director. The form was signed by an attorney‑in‑fact on 10/10/2025.
The transaction increases the reporting person’s beneficial ownership by 44,445 shares as of the grant date and does not disclose an exercise price since it is an equity award rather than an option. No other securities or derivative transactions are reported on this form.
Barnwell Industries, Inc. (BRN) filed an Initial Statement of Beneficial Ownership (Form 3) reporting that Philip J. McPherson was appointed to the company's board of directors effective 09/19/2025. The filing states the Form 3 was signed on 10/01/2025 by an attorney-in-fact and explicitly notes that no securities are beneficially owned by the reporting person at the time of filing. This is a routine Section 16 disclosure showing a director appointment without any immediate equity holdings.
Kenneth S. Grossman, a director of Barnwell Industries, Inc. (BRN), was granted 65,000 shares of common stock on 09/29/2025. After the award, he beneficially owned 167,595 shares. The Form 4 indicates the award is a non-employee director grant approved by the board and reported by an attorney-in-fact signing on behalf of Mr. Grossman on 10/01/2025. The filing is a single-person Form 4 and does not disclose cash consideration or an exercise price because it records a direct stock award rather than a derivative transaction.
Barnwell Industries, Inc. reported the results of its 2025 Annual Meeting of Stockholders held on September 19, 2025. Stockholders elected four directors—Kenneth S. Grossman, Joshua S. Horowitz, Craig D. Hopkins, and Philip J. McPherson—to serve until the next annual meeting and until their successors are elected and qualified. Support was strongest for Hopkins and McPherson, each receiving about 3.43 million votes in favor, with 156 thousand votes withheld and 646 thousand broker non-votes.
Stockholders also voted to ratify the appointment of Weaver and Tidwell, L.L.P. as Barnwell’s independent registered public accounting firm for the fiscal year ending September 30, 2025. The ratification received 4,149,548 votes for, 23,624 against, and 58,935 abstentions, indicating broad stockholder approval of the company’s choice of auditor.
Barnwell Industries, Inc. reported the results of its 2025 Annual Meeting of Stockholders held on September 19, 2025. Stockholders elected four directors—Kenneth S. Grossman, Joshua S. Horowitz, Craig D. Hopkins, and Philip J. McPherson—to serve until the next annual meeting and until their successors are elected and qualified. Support was strongest for Hopkins and McPherson, each receiving about 3.43 million votes in favor, with 156 thousand votes withheld and 646 thousand broker non-votes.
Stockholders also voted to ratify the appointment of Weaver and Tidwell, L.L.P. as Barnwell’s independent registered public accounting firm for the fiscal year ending September 30, 2025. The ratification received 4,149,548 votes for, 23,624 against, and 58,935 abstentions, indicating broad stockholder approval of the company’s choice of auditor.