Horowitz Joshua 4

What Happened

• Joshua Horowitz, a director of Barnwell Industries, acquired 4,433 shares on February 26, 2026 at $1.05 per share for a total cash outlay of about $4,655. The Form 4 reports this as a purchase (transaction code P), indicating an open-market or private purchase.

Key Details

• Transaction date and price: 2026-02-26 at $1.05 per share.
• Total purchased: 4,433 shares; total value ≈ $4,655.
• Transaction code: P (purchase — open market or private purchase as reported).
• Shares owned after transaction: filing notes holdings include 77,878 unvested restricted stock units; the Form 4’s ownership footnotes describe these RSUs but do not list a single combined total in this summary.
• Notable footnotes:
  • F1: Palm Management (US) LLC, as investment manager for Palm Global Small Cap Master Fund LP, may be deemed to beneficially own shares shown as owned by Palm Global. Due to his roles with Palm Global and Palm Management, Mr. Horowitz may be deemed to have such beneficial ownership, though both Palm Management and Mr. Horowitz disclaim beneficial ownership except to the extent of any pecuniary interest.
  • F2: Includes 77,878 unvested restricted stock units.
• Filing timeliness: Form 4 was filed on 2026-02-27 for a 2026-02-26 transaction (filed one day after the trade), which is timely.

Context

• This was a small cash purchase (≈$4.7k), which is modest in size and thus may be less informative than larger insider buys. Purchases are generally treated by investors as more noteworthy than sales, but the filing is purely factual and does not indicate motivation.