---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-003104"
form_type: "8-K"
ticker: "BRN"
cik: "0000010048"
company_name: "BARNWELL INDUSTRIES INC"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:31:37.727522+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Barnwell Industries adopts poison pill with 20% trigger, $7 exercise, expiring July 29, 2026

## Summary
- One Right per share issued to holders of record Feb 13, 2026; exercise price $7.00 per share.
- Rights become exercisable if a person acquires 20% or more of outstanding common stock (trigger).
- Upon trigger, each Right (except acquiring person's) allows purchase of shares at half market value.
- Rights expire July 29, 2026; prior rights plan expired Jan 26, 2026.
- Board may redeem Rights at $0.001 per share before trigger, or exchange for common stock after trigger.

## SEC filing metadata
- accession: 0001140361-26-003104
- form_type: 8-K
- ticker: BRN
- cik: 0000010048
- company_name: BARNWELL INDUSTRIES INC
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10048/000114036126003104/0001140361-26-003104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10048/000114036126003104/ef20064492_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-003104
- JSON: https://secwatch.observer/filing/0001140361-26-003104.json
- Plain text: https://secwatch.observer/filing/0001140361-26-003104.txt

## Key facts
- Material Agreements
  BARNWELL INDUSTRIES INC entered into Rights Agreement with Broadridge Corporate Issuer Solutions, LLC valued at Dividend distribution of one Right per share of common stock, purchase price $7.00 per share. (effective 2026-01-30).
  - Action: entry
  - Counterparty: Broadridge Corporate Issuer Solutions, LLC
  - Value: Dividend distribution of one Right per share of common stock, purchase price $7.00 per share.
  - Effective: 2026-01-30
  source text: The description and complete terms of the Rights are set forth in a Rights Agreement (the “Rights Agreement”), dated as of January 30, 2026, between the Company and
  evidence_url: https://www.sec.gov/Archives/edgar/data/10048/000114036126003104/0001140361-26-003104-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.