{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-040033","form_type":"8-K","ticker":"BRN","cik":"0000010048","company_name":"BARNWELL INDUSTRIES INC","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.477961+00:00","generated_at":"2026-05-17T01:03:03.289092+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Barnwell appoints Philip Patman EVP-Finance, Board member; CFO Russell Gifford to retire by year-end 2025","bullets":["Philip Patman named EVP-Finance on Oct 27, 2025; expected to become CFO after Russell Gifford's retirement.","Board expanded from 4 to 5 directors; Patman appointed to fill the new seat.","Patman receives initial equity awards: 83,207 shares, 83,208 RSUs, and 185,000 options at $1.21 strike.","Base salary set at $315,000; eligible for annual cash bonus (30-100% of base) and performance stock bonus up to $75,000.","Annual long-term incentive target of $350,000; severance provisions include 50% (regular) or 100% (CIC) of base, bonus, and insurance."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-040033","json":"https://secwatch.observer/filing/0001140361-25-040033.json","markdown":"https://secwatch.observer/filing/0001140361-25-040033.md","text":"https://secwatch.observer/filing/0001140361-25-040033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10048/000114036125040033/0001140361-25-040033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10048/000114036125040033/ef20058116_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:03:03.289092+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}