Kaufman Daniel Louis 4
4 · BranchOut Food Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
BranchOut Food (BOF) 10% Owner Daniel Kaufman Sells 213,830 Shares
What Happened Daniel L. Kaufman, a 10% owner through Kaufman Kapital LLC, sold 213,830 shares of BranchOut Food Inc. (BOF) in open-market transactions on May 12, 2026. The weighted average sale price was $3.26 per share, for gross proceeds of approximately $697,086. This was a sale (transaction code S), which is often routine portfolio activity rather than a direct signal of company prospects.
Key Details
- Transaction date: 2026-05-12 (reported on Form 4 filed 2026-05-14; filing appears timely).
- Price range: $3.25 to $3.45 per share; weighted average sale price $3.26 (footnote F1).
- Shares sold: 213,830; proceeds ≈ $697,086.
- Shares owned after transaction: not specified in the provided excerpt of the filing (check the full Form 4 for post-sale holdings).
- Notable footnotes:
- F1: Sales occurred in multiple open-market trades; exact per-trade breakdown available on request.
- F2: Shares were held directly by Kaufman Kapital LLC (the reported holdings relate to that entity).
- F3: Daniel L. Kaufman is sole member/manager of Kaufman Kapital LLC and has sole voting/dispositive power over those securities.
- Transaction type: Open-market sale by a 10% owner (institutional/major holder), not an option exercise or gift.
Context As a 10% owner acting through an affiliated entity, Kaufman's sale reflects a major holder reducing shares but does not on its own reveal motivation (e.g., diversification, liquidity needs, or other). Retail investors should note the size and that multiple trade prices were used; consult the full Form 4 for total holdings and any additional filings by Kaufman or Kaufman Kapital LLC for fuller context.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-05-12$3.26/sh−213,830$697,086→ 1,689,676 total(indirect: By LLC)
Footnotes (3)
- [F1]The sales reported on this line were effected in multiple open-market transactions at prices ranging from $3.25 to $3.45 per share, with a weighted average sale price of $3.26 per share. Full information regarding the number of shares sold at each separate price within this range will be provided upon request to the SEC staff, the Issuer, or a security holder of the Issuer.
- [F2]Represents shares of Common Stock held directly by Kaufman Kapital LLC. Does not include shares issuable upon conversion or exercise of derivative securities, which are reported in Table II of separate Form 4 filings.
- [F3]Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC.