---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-031054"
form_type: "8-K"
ticker: "BRN"
cik: "0000010048"
company_name: "BARNWELL INDUSTRIES INC"
filed_at: "2026-08-04T11:15:33+00:00"
generated_at: "2026-08-04T11:20:13.962808+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Barnwell Industries to sell remaining Hawaii development interests for $1.77M, net ~$1.5M

## Summary
- Gross purchase price $1.77M; net proceeds to Barnwell estimated at ~$1.5M plus ~$0.1M pre-closing distribution.
- Sale includes indirect partnership interests in KKM Makai and KD Kona 2013, and development rights in Ka'upulehu.
- Buyer is David Johnston, son of a partner; closing expected by September 15, 2026 or before fiscal year end Sept 30, 2026.
- Company expects complete exit from Hawaii real estate interests by end of fiscal 2026, with minimal winding-up costs.
- CFO states proceeds will be redeployed into higher-return opportunities; company continues to evaluate strategic options including potential business combinations.

## SEC filing metadata
- accession: 0001140361-26-031054
- form_type: 8-K
- ticker: BRN
- cik: 0000010048
- company_name: BARNWELL INDUSTRIES INC
- filed_at: 2026-08-04T11:15:33+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10048/000114036126031054/0001140361-26-031054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10048/000114036126031054/ef20079409_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-031054
- JSON: https://secwatch.observer/filing/0001140361-26-031054.json
- Plain text: https://secwatch.observer/filing/0001140361-26-031054.txt

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