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 a current report to disclose that it has released its financial results for the fiscal year ended September 30, 2025. The company stated that these full-year results were announced in a press release dated December 19, 2025.
The press release containing the detailed annual financial information is included as Exhibit 99.1 to this report, allowing investors to review the company’s performance and other related commentary for the fiscal year.
Barnwell Industries, Inc. director reports new restricted stock award. A director of Barnwell Industries, Inc. received a grant of 9,346 shares of common stock on 12/10/2025, reported as an acquisition of non-derivative securities. Following this award, the reporting person beneficially owns 280,949 shares of Barnwell common stock in direct ownership.
The award is described as restricted stock granted by the Board of Directors to Mr. Kenneth S. Grossman on December 10, 2025, with the restricted stock unit award vesting in a single installment on September 30, 2026.
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.
Barnwell Industries, Inc. director Joshua Horowitz reported a new equity grant in the company’s common stock. On December 10, 2025, he received a restricted stock award of 9,346 shares, classified as an acquisition of common stock.
Following this grant, Mr. Horowitz is shown as beneficially owning 202,221 shares directly and 315,276 shares indirectly through Palm Global Small Cap Master Fund LP. The filing notes that Palm Management (US) LLC and Mr. Horowitz may be deemed beneficial owners of the shares held by the fund, but they expressly disclaim beneficial ownership except to the extent of any pecuniary interest. The restricted stock award vests in a single installment on September 30, 2026, aligning his compensation with the company’s future performance.
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.