CFO, Treasurer at Barnwell Industries Inc Buys $6,956 in Stock

Patman Philip F Jr, who serves as CFO, Treasurer at Barnwell Industries Inc (BRN), purchased 6,956 shares of the company's stock, according to a disclosure filed with the U.S. Securities and Exchange Commission.

The transaction was executed at a price of $1.00 per share, for a total value of approximately $6,956.

Insider transactions of this kind are publicly disclosed through Form 4 filings with the SEC, which must generally be submitted within two business days of the trade date.

Insider buying is sometimes viewed by investors as a signal of confidence in a company's prospects, though a single transaction does not necessarily indicate a broader trend.