Director Kenneth S. Grossman filed a Form 4 with the SEC on November 3, 2026, reporting the receipt of 69,000 restricted stock units from Barnwell Industries, Inc. (NYSE:BRN) on October 30, 2026.

Key Highlights

  • RSU Grant: Grossman received 69,000 restricted stock units on October 30, 2026, at a price of $0, as a non-employee director award.
  • Vesting Schedule: The RSUs vest ratably in three substantially equal annual installments on each of the first three anniversaries of the grant date, subject to continued service as a director.
  • Plan: The grant was made pursuant to the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated.
  • Total Beneficial Ownership: Following the transaction, Grossman beneficially owns 349,949 securities in total.
  • Ownership Breakdown: The 349,949 total includes the 69,000 newly awarded RSUs, 38,774 unvested RSUs, and 242,175 shares of common stock.

Barnwell Industries Director Grossman Awarded RSUs Under 2018 Equity Incentive Plan

According to the Form 4 filed on November 3, 2026, Kenneth S. Grossman, a director of Barnwell Industries, Inc. (NYSE:BRN), reported the acquisition of 69,000 restricted stock units on October 30, 2026. The filing identifies the transaction code as "A" (acquired), with the RSUs received at a price of $0. The grant was authorized by the Board of Directors of Barnwell Industries as a non-employee director award under the company's 2018 Equity Incentive Plan, as amended and restated.

As described in the filing's explanation of responses, each RSU represents a contingent right to receive one share of common stock upon vesting. The 69,000 RSUs vest ratably in three substantially equal annual installments on each of the first three anniversaries of the October 30, 2026 grant date, conditioned on Grossman's continued service as a director. No derivative securities transactions were reported in Table II of the filing.

Following this transaction, the filing reports Grossman's total beneficial ownership at 349,949 securities held directly. The filing specifies that this figure comprises the 69,000 newly awarded RSUs, 38,774 RSUs that have not yet vested, and 242,175 shares of common stock. The Form 4 was signed by Kenneth S. Grossman and submitted on November 3, 2026.

What Was Disclosed

Barnwell Industries director Kenneth S. Grossman reported receiving 69,000 RSUs on October 30, 2026, at no cost, under the company's 2018 Equity Incentive Plan. Total beneficial ownership following the grant stands at 349,949 securities, including shares and unvested RSUs.