Ned L. Sherwood - 02 Dec 2025 Form 4 Insider Report for BARNWELL INDUSTRIES INC (BRN)

Role
10%+ Owner
Signature
/s/ Ned L. Sherwood
Issuer symbol
BRN
Transactions as of
02 Dec 2025
Net transactions value
-$361,544
Form type
4
Filing time
04 Dec 2025, 06:26:03 UTC
Previous filing
31 May 2024

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
SHERWOOD NED L 10%+ Owner 151 TERRAPIN POINT, VERO BEACH /s/ Ned L. Sherwood 04 Dec 2025 0000902749
MRMP Managers LLC 10%+ Owner C/O SOUTH DAKOTA TRUST COMPANY, 201 S. PHILLIPS AVENUE, SIOUX FALLS MRMP-MANAGERS LLC /s/ Ned L. Sherwood, Chief Investment Officer 04 Dec 2025 0001492137
Ned L. Sherwood Revocable Trust 10%+ Owner 151 TERRAPIN POINT, VERO BEACH NED L. SHERWOOD REVOCABLE TRUST /s/ Ned L. Sherwood, Trustee 04 Dec 2025 0001797839

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRN Common Stock, par value $0.50 per share Sale $200,776 -174,587 -6.3% $1.15 2,593,408 02 Dec 2025 MRMP-Managers LLC F1, F4
transaction BRN Common Stock, par value $0.50 per share Sale $15,667 -13,743 -5.8% $1.14 224,295 02 Dec 2025 Ned L. Sherwood Revocable Trust F2, F5
transaction BRN Common Stock, par value $0.50 per share Sale $145,101 -131,910 -5.1% $1.10 2,461,498 03 Dec 2025 MRMP-Managers LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents a weighted average price. These shares were sold for a price of $1.14 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F2 The shares were sold for a price of $1.14 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F3 The price reported represents a weighted average price. These shares were sold for a price of $1.10 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F4 Shares are held by MRMP-Managers LLC, of which Mr. Sherwood is Chief Investment Officer. Mr. Sherwood disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F5 Shares are held by the Ned L. Sherwood Revocable Trust, of which Mr. Sherwood is the sole trustee and beneficiary. Mr. Sherwood disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.