# EDGAR Filing Document

**Accession Number:** 0000010048
**File Stem:** 0000929638-25-003437
**Filing Date:** 2025-9
**Character Count:** 7546
**Document Hash:** 94f201efd548b41d85840536b704606b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003437.hdr.sgml**: 20250911

**ACCESSION NUMBER**: 0000929638-25-003437

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250911

**DATE AS OF CHANGE**: 20250911

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARNWELL INDUSTRIES INC
- **CENTRAL INDEX KEY:** 0000010048
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 720496921
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-20279
- **FILM NUMBER:** 251309575

**BUSINESS ADDRESS:**
- **STREET 1:** 1100 ALAKEA ST.
- **STREET 2:** SUITE 500
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813
- **BUSINESS PHONE:** 808-531-8400

**MAIL ADDRESS:**
- **STREET 1:** 1100 ALAKEA ST.
- **STREET 2:** SUITE 500
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BMA CORP/TN
- **DATE OF NAME CHANGE:** 19770324

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARNWELL OFFSHORE INC
- **DATE OF NAME CHANGE:** 19671101
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barnwell Industries, Inc. Employees' Pension Plan Trust
- **CENTRAL INDEX KEY:** 0002074670

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1100 ALAKEA STREET
- **STREET 2:** SUITE 500
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813
- **BUSINESS PHONE:** 808-531-8400

**MAIL ADDRESS:**
- **STREET 1:** 1100 ALAKEA STREET
- **STREET 2:** SUITE 500
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**BARNWELL INDUSTRIES INC**

*(Name of Issuer)*

**Common stock, par value $0.50 per share**

*(Title of Class of Securities)*

**068221100**

*(CUSIP Number)*

**Justin W. Chairman, Esq.**<br>Morgan, Lewis & Bockius LLP<br>2222 Market Street<br>Philadelphia PA 19103<br>(215) 963-5000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/09/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **068221100** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Barnwell Industries, Inc. Employees' Pension Plan Trust** | Name of reporting person<br>**Barnwell Industries, Inc. Employees' Pension Plan Trust** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEW JERSEY** | Citizenship or place of organization<br>**NEW JERSEY** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**629525.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**629525.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**629525.00** | Aggregate amount beneficially owned by each reporting person<br>**629525.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.2%** | Percent of class represented by amount in Row (11)<br>**6.2%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**EP** | Type of Reporting Person (See Instructions)<br>**EP** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common stock, par value $0.50 per share

**(b) Name of Issuer:**
BARNWELL INDUSTRIES INC

**(c) Address of Issuer's Principal Executive Offices:**
1100 Alakea Street, Suite 500, Honolulu, HI, 96813

The information in this Amendment No. 1 to Schedule 13D (this "First Amendment" or this "13D/A") amends and supplements the Schedule 13D (the "Original Schedule 13D," and, as amended, the "Schedule 13D") filed with the U.S. Securities and Exchange Commission (the "SEC") by the Reporting Person therein described on July 3, 2025, relating to the common stock, par value $0.50 per share (the "Common Stock"), of Barnwell Industries, Inc., a Delaware corporation (the "Issuer" or the "Company"). Except as set forth herein, the Schedule 13D remains unmodified. Capitalized terms used herein without definition have the meaning assigned thereto in the Original Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Information in Rows 11 to 13 of the cover page are incorporated into this Item 5(a) by reference. 

The Reporting Person's aggregate percentage beneficial ownership of the total amount of Common Stock outstanding is 6.2%, based on a total of 10,073,534 shares of Common Stock issued and outstanding as of August 11, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the SEC on August 13, 2025. 

The Reporting Person disclaims beneficial ownership of all the shares of Common Stock included in this report, except to the extent of any pecuniary interest therein, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Exchange Act, or for any other purpose.

**(b)**
Information in Rows 7 to 10 of the cover page are incorporated into this Item 5(b) by reference.

**(c)**
The Reporting Person made the following open market purchases of shares of Common Stock during the past sixty days :

		Number of 
Transaction 	Shares 		Purchase Price 
Date	  	Purchased	Per Share
09/10/2025	5,000		$1.12
09/10/2025	325		$1.13
09/09/2025	3,153		$1.14
09/09/2025	5,000		$1.13
09/05/2025	6,000		$1.16
09/03/2025	5,000		$1.15
09/03/2025	5,000		$1.15
09/02/2025	1,923		$1.15
08/28/2025	99		$1.14
08/19/2025	1,590		$1.13
07/29/2025	400		$1.15
07/25/2025	519		$1.19
07/24/2025	700		$1.17
07/24/2025	4,200		$1.18
07/23/2025	200		$1.17
07/21/2025	6,000		$1.19
07/18/2025	87		$1.20
07/17/2025	5,209		$1.20
07/16/2025	6,000		$1.18
07/15/2025	6,500		$1.20
07/15/2025	5,000		$1.20
07/14/2025	5,000		$1.24
07/14/2025	7,490		$1.24

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Barnwell Industries, Inc. Employees' Pension Plan Trust

**Signature:** /s/ Alex Kinzler

**Name/Title:** By: Alex Kinzler/Trustee

**Date:** 09/11/2025