Director Joshua Horowitz filed a Form 4 with the SEC on November 3, 2026, disclosing the receipt of 69,000 restricted stock units from Barnwell Industries, Inc. (NYSE:BRN) on October 30, 2026.
Key Highlights
- RSU Grant: Joshua Horowitz received 69,000 restricted stock units on October 30, 2026, at a price of $0, as a non-employee director award.
- Plan: The RSUs were granted pursuant to the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated.
- 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.
- Total Direct Beneficial Ownership: Following the transaction, Horowitz directly holds 271,221 securities, comprising the 69,000 newly awarded RSUs, 38,774 unvested RSUs, and 163,447 shares of common stock.
- Indirect Ownership: An additional 330,187 shares are held indirectly through Palm Global Small Cap Master Fund LP.
- Relationship to Issuer: Horowitz is identified in the filing as a director of Barnwell Industries, Inc.
Joshua Horowitz's October 2026 RSU Award From Barnwell Industries
According to the Form 4 filed on November 3, 2026, Joshua Horowitz, a director of Barnwell Industries, Inc. (NYSE:BRN), received a grant of 69,000 restricted stock units on October 30, 2026. The filing states the transaction code was "A" (acquired) at a price of $0, reflecting that the award was made as a non-employee director grant rather than a purchase. The filing describes each RSU as "a contingent right to receive one share of common stock upon vesting."
The RSUs were awarded by the Board of Directors of Barnwell Industries, Inc. under the company's 2018 Equity Incentive Plan, as amended and restated. As disclosed in the filing, the units vest ratably in three substantially equal annual installments on each of the first three anniversaries of the grant date, contingent on Horowitz's continued service as a director.
Following the reported transaction, Horowitz's total direct beneficial ownership stands at 271,221 securities, which the filing breaks down as the 69,000 newly awarded RSUs, 38,774 RSUs that have not yet vested, and 163,447 shares of common stock. In addition, the filing reports 330,187 shares held indirectly through Palm Global Small Cap Master Fund LP. The filing notes that Palm Management (US) LLC and Horowitz "expressly disclaim such beneficial ownership except to the extent of their pecuniary interest therein."
What Was Disclosed
Barnwell Industries director Joshua Horowitz disclosed a grant of 69,000 RSUs at no cost on October 30, 2026, under the company's 2018 Equity Incentive Plan. His total directly held securities following the transaction were reported as 271,221, with 330,187 additional shares held indirectly.



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