Kaufman Daniel Louis 4

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.