Common Stock, $0.50 Par Value
- Symbol
- BRN
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 7.01, 8.01, 9.01 · 8-K
Barnwell Industries, Inc.
BRNNYSE_AMERICANEQUITYCurrent
Regulation FD Disclosure · Other Events
Item 8.01 Other Events. On September 30, 2026, the Board of Directors of Barnwell Industries, Inc. (the “Company”) approved the termination of the Barnwell Industries, Inc. Employees’ Pension Plan (the “Plan”), effective on or about November 30, 2026, and amendments to the Plan to provide for the distribution of all benefits through the purchase of irrevocable commitments from one or more annuity providers.…
Press release in this filing
Barnwell Industries Announces Pension Plan Termination and Planned Reversion of Surplus Assets →Company context
Barnwell Industries, Inc. has operations and interests in energy and related assets. The Company is focused on disciplined capital allocation, strategic repositioning and long-term shareholder value creation.
Current securities
Recent company filings
- Entry into a Material Definitive Agreement · Regulation FD DisclosureOct 6, 2026
- Completion of Acquisition or Disposition of Assets · Regulation FD DisclosureSep 16, 2026
- Results of Operations and Financial ConditionAug 12, 2026
- 10-Q filingAug 11, 2026
- Entry into a Material Definitive Agreement · Regulation FD DisclosureAug 4, 2026
Registered securities in this filing
BARNWELL INDUSTRIES, INC. · 8-K · Filed 2026-10-05
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
On September 30, 2026, the Board of Directors of Barnwell Industries, Inc. (the “Company”) approved the termination of the Barnwell Industries, Inc.
Employees’ Pension Plan (the “Plan”), effective on or about November 30, 2026, and amendments to the Plan to provide for the distribution of all benefits through the purchase of irrevocable commitments from one or more annuity providers. Following
satisfaction of all Plan benefit liabilities, the Company expects that the Plan’s remaining surplus assets will revert to the Company, subject to applicable law.
A copy of the Company’s press release announcing the termination of the Plan is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On October 5, 2026, the Company issued a press release announcing the termination of the Plan. A copy of the press release is furnished herewith as
Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Item 7.01, including the press release attached as Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as expressly set
forth by specific reference in such filing.
Filed exhibits (1)
Exhibit 99.1 Barnwell Industries Announces Pension Plan Termination and Planned Reversion of Surplus Assets HOUSTON, TX / ACCESS Newswire / October 5, 2026 / Barnwell Industries, Inc. (NYSE American: BRN) today announced that it has decided to terminate its qualified defined benefit pension plan and satisfy all benefit obligations, and use the net surplus for general corporate purposes to maximize shareholder value. The termination is another step in simplifying Barnwell’s balance sheet, reducing legacy liabilities and positioning its capital for future value creation. The net surplus will be available after the Company satisfies all plan obligations, settles related supplemental executive retirement plan obligations, and pays administrative and transaction costs and applicable excise and other taxes. Barnwell has retained an actuarial and pension consulting firm and separate ERISA legal counsel to advise on the termination and reversion of surplus assets. The Company intends to secure participants’ benefits by purchasing annuity contracts from an established, creditworthy insurance company. Any surplus remaining after the annuity purchase and satisfaction of other obligations w…
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