Director Philip James McPherson filed a Form 4 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

  • Grant date: October 30, 2026, with 69,000 RSUs awarded at a price of $0.
  • Award type: Non-employee director RSU grant under the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated.
  • Vesting schedule: 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.
  • Post-transaction holdings: McPherson beneficially owns 113,445 securities following the reported transaction, held directly.
  • Prior grant included: The 113,445 total includes 44,445 RSUs granted on October 8, 2025, of which 14,666 have vested.

Philip McPherson's October 2026 RSU Award From Barnwell Industries

According to the Form 4 filed with the SEC on November 3, 2026, Philip James McPherson, a director of Barnwell Industries, Inc. (NYSE:BRN), received 69,000 restricted stock units on October 30, 2026. The filing states the grant was made by the Board of Directors as a non-employee director award pursuant to the Barnwell Industries, Inc. 2018 Equity Incentive Plan, as amended and restated. The transaction code is "A" (acquired), and the price recorded is $0.

The filing explains that each RSU represents a contingent right to receive one share of common stock upon vesting. According to the filing, the RSUs vest ratably in three substantially equal annual installments on each of the first three anniversaries of the grant date, subject to McPherson's continued service as a director. No derivative securities transactions were reported in Table II of the filing.

Following the transaction, the filing reports McPherson's total direct beneficial ownership at 113,445 securities. The filing clarifies that this total includes the 69,000 newly awarded RSUs and 44,445 RSUs granted on October 8, 2025, of which 14,666 have vested as of the filing date. All ownership is reported as direct.

What Was Disclosed

McPherson's Form 4 disclosed a non-employee director RSU grant of 69,000 units from Barnwell Industries at $0, vesting over three years. Post-transaction beneficial ownership stands at 113,445 securities, held directly, per the filing.