Barnwell (BRN) Director Joshua Horowitz Buys 10,478 Shares

What Happened
Joshua Horowitz, a director of Barnwell Industries, made an open-market purchase of 10,478 shares on September 8, 2026. The reporting form shows a weighted average price of $1.00 per share for a total reported cost of $10,436. This was a purchase (transaction code P), which is typically viewed as a direct acquisition rather than a disposal.

Key Details

• Transaction date: 2026-09-08 (open-market purchases).
• Price: weighted average $1.00/share; actual trades ranged from $0.9696 to $1.00 per share (Footnote F1).
• Total reported value: $10,436.
• Transaction type: P = Purchase (open market).
• Shares owned after transaction: not specified in the filing.
• Notable footnotes:
  • F1: Price is a weighted average; the reporting person will provide per-trade breakdown on request.
  • F2: Palm Management (US) LLC acts as investment manager for Palm Global Small Cap Master Fund LP; due to roles, Mr. Horowitz may be deemed to have beneficial ownership of Palm Global’s disclosed holdings but expressly disclaims such ownership except to the extent of any pecuniary interest.
  • F3: Filing notes inclusion of 77,878 unvested restricted stock units.
• Filing timeliness: the form does not indicate a late filing.

Context
This was an outright open-market purchase (not an option exercise, award, or gift). The dollar amount is modest ($~10.4k), so while purchases are generally more informative than sales, the size here is relatively small. The footnotes clarify technical beneficial-ownership relationships and that a per-price breakdown is available on request.