Director Joshua Schechter 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

  • Award size: Schechter received 69,000 restricted stock units (RSUs) on October 30, 2026, at a price of $0.
  • Grant basis: The RSUs were granted as a non-employee director award under 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.
  • Post-transaction ownership: Following the transaction, Schechter beneficially owned 152,674 securities in total.
  • Ownership composition: The 152,674 total includes the 69,000 newly awarded RSUs, 43,860 RSUs granted on December 3, 2025 (of which 14,474 have vested), and 39,814 shares of common stock.

Barnwell Industries Director Schechter Discloses October 2026 RSU Grant

According to the Form 4 filed on November 3, 2026, Joshua Schechter, a director of Barnwell Industries, Inc. (NYSE:BRN), received 69,000 RSUs on October 30, 2026. The filing identifies the transaction code as "A" (acquired) and states the price as $0. Each RSU, according to the filing, "represents a contingent right to receive one share of common stock upon vesting."

The filing states that the award was granted by the Board of Directors of Barnwell Industries, Inc. pursuant to the company's 2018 Equity Incentive Plan, as amended and restated. The RSUs are described as vesting "ratably in three substantially equal annual installments on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service as a director."

Following the reported transaction, Schechter's total beneficial ownership stands at 152,674 securities, held directly. The filing breaks down this total as: the 69,000 newly awarded RSUs; 43,860 RSUs granted on December 3, 2025, of which 14,474 have vested; and 39,814 shares of common stock. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Joshua Schechter, a director of Barnwell Industries, Inc. (NYSE:BRN), disclosed the receipt of 69,000 RSUs at no cost on October 30, 2026, bringing his total reported beneficial ownership to 152,674 securities following the grant.