Bobb Shane Alzena 4

What Happened

• Bobb Shane Alzena, a director of Barrel Energy Inc. (BRLL), was issued 100,000,000 shares of common stock on July 13, 2026 as compensation for board services. The Form 4 reports the shares at $0.00 per share with a total reported value of $100,000. The reporting person paid no cash consideration; the issuance was authorized by the board effective July 13, 2026.

Key Details

• Transaction date and price: 2026-07-13; shares reported at $0.00 per share; total reported value $100,000.
• Shares acquired: 100,000,000 shares issued to the director.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Issuance was compensation for board services; no cash paid by the reporting person (Footnote F1).
• Timeliness: Filing date 2026-07-14 for a 2026-07-13 transaction — within the typical Form 4 reporting window (timely).

Context

• This was an award/grant for director compensation, not an open-market purchase or sale. Compensation grants are routine corporate actions and do not necessarily signal the director's personal buying/selling conviction.
• Such issuances increase outstanding shares and can have a dilution effect for existing shareholders.