Kaufman Daniel Louis 4

What Happened
Daniel L. Kaufman, a 10% owner via Kaufman Kapital LLC, sold 255,951 shares of BranchOut Food Inc. on May 5, 2026. The sales were effected in open-market transactions at prices ranging from $3.25 to $3.55 per share, with a weighted average sale price of $3.2880, for aggregate proceeds of about $841,567. This was a sale (not a purchase or option exercise), which is commonly a routine liquidity event rather than a direct signal of company prospects.

Key Details

• Transaction date: May 5, 2026. Form 4 filed May 7, 2026 (reports the May 5 transaction).
• Price range: $3.25–$3.55 per share; weighted average $3.2880 (footnote F1).
• Shares sold: 255,951; proceeds ≈ $841,567.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Sales occurred in multiple open-market transactions; full breakdown available on request.
  • F2: Reported shares are held directly by Kaufman Kapital LLC.
  • F3: Daniel L. Kaufman is sole member/manager of Kaufman Kapital LLC and has sole voting and dispositive power.
• Filing timeliness: Form lists transaction date May 5 and was filed May 7; no late-filing flag provided in this summary.

Context
Kaufman is a 10% owner (institutional/controlling investor via an LLC), not an executive-level compensation event. The filing does not report exercises, awards, or gifts — only an open-market sale. For more granular detail (shares sold at each exact price within the stated range) the SEC staff, the issuer, or a security holder may request the breakdown per footnote F1.