13D Filings
BARNWELL INDUSTRIES INC
BRN
Amendment
Ownership

29.90%

Total Shares

3,006,033

Issuer CIK

10048

CUSIP

068221100

Event Date

Apr 2, 2025

Accepted

Apr 3, 2025, 08:20 AM

Reporting Persons (3)
NameType% of ClassAggregateSole VotingShared Voting
Ned L. Sherwood
Individual
29.90%3,006,03303,006,033
MRMP-Managers LLC
Other
27.53%2,767,99502,767,995
Ned L. Sherwood Revocable Trust
Other
2.37%238,0380238,038
Disclosure Items (5)

Security Title

Common Stock, par value $0.50 per share

Issuer Name

BARNWELL INDUSTRIES INC

Issuer Address

1100 ALAKEA ST., HONOLULU, HI, 96813

Item 4 is amended and supplemented as follows: The Reporting Persons hereby issue an additional open letter to shareholders of Barnwell filed as Exhibit 99.1 herewith. The Reporting Persons once again hereby affirm that they have no current intent to engage in a control transaction with the Company.

Percentage of Class

Mr. Sherwood beneficially owns in the aggregate 3,006,033.138 shares of Common Stock, which represents approximately 29.90% of the Company's outstanding shares of Common Stock. Each percentage ownership of Common Stock set forth in this Statement is based on the 10,053,534 shares of Common Stock reported by the Company as outstanding as of December 13, 2024 in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on December 17, 2024.

Transactions

No transactions in the Common Stock have been effected by the Reporting Persons since the filing of Amendment No. 32 on May 31, 2024.

Information set forth in Item 4 above is hereby incorporated herein by reference. Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the Reporting Persons have entered into an agreement with respect to the joint filing of this Statement, which agreement is set forth on the signature page to this Statement.

Exhibit 99.1 Open Letter to Shareholders, dated as of April 3, 2025

BARNWELL INDUSTRIES INC — Schedule 13D | 13D Filings