Barnwell Industries Files 8-K/A Amendment on Officer Compensation
Ticker: BRN · Form: 8-K/A · Filed: Apr 4, 2024 · CIK: 10048
Sentiment: neutral
Topics: corporate-governance, officer-compensation, amendment
TL;DR
Barnwell Industries amended its 8-K filing, updating director elections and executive pay details.
AI Summary
Barnwell Industries, Inc. filed an amendment (8-K/A) on April 4, 2024, to a previous report dated February 19, 2024. This amendment primarily concerns the election of directors and compensatory arrangements for certain officers. The filing details changes related to the company's board and executive compensation.
Why It Matters
This filing provides updated information on the composition of Barnwell Industries' board of directors and details regarding the compensation packages for its key officers, which can impact investor decisions.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous report and concerns routine corporate governance and compensation matters, not a significant operational or financial event.
Key Players & Entities
- BARNWELL INDUSTRIES, INC. (company) — Registrant
- February 19, 2024 (date) — Date of earliest event reported
- April 4, 2024 (date) — Date of report (Amendment filing date)
- Delaware (jurisdiction) — State of Incorporation
- 1100 Alakea Street, Suite 500 Honolulu, Hawaii 96813 (address) — Principal Executive Offices
FAQ
What specific items are being amended in this 8-K/A filing?
This 8-K/A filing amends items related to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What was the original report date that this 8-K/A is amending?
The original report date was February 19, 2024.
When was this amendment (8-K/A) filed with the SEC?
This amendment was filed on April 4, 2024.
What is Barnwell Industries, Inc.'s state of incorporation?
Barnwell Industries, Inc. is incorporated in Delaware.
Where are Barnwell Industries, Inc.'s principal executive offices located?
The principal executive offices are located at 1100 Alakea Street, Suite 500, Honolulu, Hawaii 96813.
Filing Stats: 556 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-04-04 16:55:00
Key Financial Figures
- $0.50 — ange on which registered Common Stock, $0.50 Par Value BRN NYSE American Indic
- $265,000 — 2024, Mr. Hopkins's annual salary at Can$265,000. Mr. Hopkins is eligible for discretion
Filing Documents
- ef20026101_8ka.htm (8-K/A) — 27KB
- 0001140361-24-017991.txt ( ) — 160KB
- brn-20240219.xsd (EX-101.SCH) — 4KB
- brn-20240219_lab.xml (EX-101.LAB) — 21KB
- brn-20240219_pre.xml (EX-101.PRE) — 16KB
- ef20026101_8ka_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers The Company's Board of Directors (the "Board") set, effective April 1, 2024, Mr. Hopkins's annual salary at Can$265,000. Mr. Hopkins is eligible for discretionary and annual bonuses, determined by the Board or the Compensation Committee of the Board, and may participate in the Company's group benefits plan.
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 4, 2024 BARNWELL INDUSTRIES, INC. By: /s/ Russell M. Gifford Name: Russell M. Gifford Title: Chief Financial Officer Exhibit Index Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)