Key facts
- This page summarizes Daniel Louis Kaufman's Form 4 filing for BranchOut Food Inc. (BOF).
- 1 reported transaction and 2 derivative rows are listed below.
- Accepted by SEC: 04 Jun 2026, 16:04.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Sale
Sale
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
No transaction description listed
Additional SEC filing notes
Section 16 status
Daniel Louis Kaufman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
The shares reported on this line were sold in a single privately negotiated block transaction at a price of $3.06 per share to an institutional buyer.
Footnote F2
Represents 500,000 shares of Common Stock held directly by Kaufman Kapital LLC, consisting solely of shares acquired upon exercise of the $1.50 Warrant on May 7, 2026. These shares have not yet been registered for resale.
Footnote F3
Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC.
Footnote F4
On May 7, 2026, the Convertible Note was amended to (i) extend the maturity date from December 31, 2026 to December 31, 2027, (ii) reduce the interest rate from 12% to 8% per annum (effective from May 7, 2026; interest accrued prior to that date was calculated at 12%), and (iii) provide that the Company may not prepay more than $2,400,000 of principal prior to September 30, 2027 without the holder's consent. On May 14, 2026, a 9.99% beneficial ownership limitation was added pursuant to which the holder may not convert any portion of the Convertible Note to the extent that, after giving effect to such conversion, the holder would beneficially own in excess of 9.99% of the outstanding shares of Common Stock. The conversion price ($0.7582 per share) and all conversion mechanics remain unchanged.
Footnote F5
Maturity date as amended on May 7, 2026. Prior maturity date was December 31, 2026. The Convertible Note became exercisable/convertible on October 14, 2024, the date of shareholder approval.
Footnote F6
Represents the maximum number of shares of Common Stock that would be issuable upon conversion of all outstanding principal ($2,900,000) and accrued and unpaid interest (approximately $680,000) under the Convertible Note at the conversion price of $0.7582 per share, without giving effect to the 9.99% beneficial ownership limitation. Pursuant to the beneficial ownership limitation added on May 14, 2026, the holder may not convert any portion of the Convertible Note to the extent that, after giving effect to such conversion, the holder would beneficially own in excess of 9.99% of the outstanding shares of Common Stock. Accordingly, only the portion of the Convertible Note, if any, that may be converted without exceeding the 9.99% limitation is treated as beneficially owned for Section 16 purposes.