BOF · BranchOut Food Inc.
Substantial doubt about the company's ability to continue as a going concern.
“We have incurred net losses since our inception and we anticipate net losses and negative operating cash flows for the near future, and we may not be profitable or realize growth in the value of our assets. These conditions raise substantial doubt about our ability to continue as a going concern within one year after the date the condensed consolidated financial statements are issued. We are pursuing initiatives to increase revenues and are seeking additional sources of capital to fund operations. While these actions may improve our liquidity position, there can be no assurance that they will be sufficient to alleviate the substantial doubt regarding our ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-16 | Jones Byron Riche |
Director |
Buy↑
|
Common Stock
|
45 |
| 2026-06-02 | Kaufman Daniel Louis |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The shares reported on this line were sold in a single privately negotiated block transaction at a price of $3.06 per share to an institutional buyer. Represents 500,000 shares of Common Stock held directly by Kaufman Kapital LLC, consisting solely of shares acquired upon exercise of the $1.50 Warrant on May 7, 2026. These shares have not yet been registered for resale. Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC. |
Common Stock
(I)
|
1,189,676 |
| 2026-05-12 | Kaufman Daniel Louis |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The sales reported on this line were effected in multiple open-market transactions at prices ranging from $3.25 to $3.45 per share, with a weighted average sale price of $3.26 per share. Full information regarding the number of shares sold at each separate price within this range will be provided upon request to the SEC staff, the Issuer, or a security holder of the Issuer. Represents shares of Common Stock held directly by Kaufman Kapital LLC. Does not include shares issuable upon conversion or exercise of derivative securities, which are reported in Table II of separate Form 4 filings. Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC. |
Common Stock
(I)
|
213,830 |
| 2026-05-07 | Kaufman Daniel Louis |
10% Owner |
Exercise↓
Filing footnotes — Warrant (Indirect)
Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC. |
Warrant
(I)
|
500,000 |
| 2026-05-07 | Kaufman Daniel Louis |
10% Owner |
Exercise↑
Filing footnotes — Common Stock (Indirect)
Represents 1,903,506 shares of Common Stock held directly by Kaufman Kapital LLC following the May 5, 2026 sale of 255,951 shares and the May 7, 2026 exercise of the $1.50 Warrant for 500,000 shares (1,659,457 - 255,951 + 500,000 = 1,903,506). Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC. |
Common Stock
(I)
|
500,000 |
| 2026-05-05 | Kaufman Daniel Louis |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
The sales reported on this line were effected in multiple open-market transactions at prices ranging from $3.25 to $3.55 per share, with a weighted average sale price of $3.2880 per share. Full information regarding the number of shares sold at each separate price within this range will be provided upon request to the SEC staff, the Issuer, or a security holder of the Issuer. Represents shares of Common Stock held directly by Kaufman Kapital LLC. Does not include shares issuable upon conversion or exercise of derivative securities, which are reported in Table II of separate Form 4 filings. Daniel L. Kaufman is the sole member and manager of Kaufman Kapital LLC and has sole voting and dispositive power over all securities held by Kaufman Kapital LLC. |
Common Stock
(I)
|
255,951 |
| 2026-02-10 | Schwartz Lindsey |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
This option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
20,000 |
| 2026-02-10 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
This option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2026-02-10 | Jain Deven |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2026-02-10 | Jones Byron Riche |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option |
Stock Option (Right to buy)
|
20,000 |
| 2026-02-10 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
This option vests (i) as to 261,000 shares, in 36 equal monthly installments over the 36-month period following the issuance date of the option, (ii) as to 121,800 shares, upon the Issuer achieving $30,000,000 of revenue in a 12-month period while achieving positive EBITDA, and (iii) as to 52,200 shares, upon the Issuer achieving $40,000,000 of revenue in a 12-month period while achieving positive EBITDA. |
Stock Option (Right to buy)
|
435,000 |
| 2026-02-10 | Somerville Greg |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2026-01-28 | Kaufman Daniel Louis |
10% Owner |
Convert↑
Filing footnotes — Common Stock (Direct)
This form 4 is being filed to report the conversion of $500,000 of principal outstanding under that certain 12% Senior Secured Convertible Promissory Note (the "Note") issued to Kaufman Kapital, LLC on July 24, 2024, the issuance of which was reported in a Form 3 filed by the reporting persons on August 8, 2024. After giving effect to the conversion, $2,900,000 plus accrued interest remains outstanding under the Note. |
Common Stock
|
659,457 |
| 2026-01-28 | Kaufman Daniel Louis |
10% Owner |
Convert↓
Filing footnotes — 12% Convertible Note (Direct)
This form 4 is being filed to report the conversion of $500,000 of principal outstanding under that certain 12% Senior Secured Convertible Promissory Note (the "Note") issued to Kaufman Kapital, LLC on July 24, 2024, the issuance of which was reported in a Form 3 filed by the reporting persons on August 8, 2024. After giving effect to the conversion, $2,900,000 plus accrued interest remains outstanding under the Note. |
12% Convertible Note
|
659,457 |
| 2025-06-12 | Dalfonsi John |
Director, Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in 36 equal monthly installments over the three-year period following the issuance date, with the initial 1/36th of the shares subject to the option vesting on the issuance date. |
Stock Option (Right to buy)
|
20,000 |
| 2025-06-12 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in 36 equal monthly installments over the three-year period following the issuance date, with the initial 1/36th of the shares subject to the option vesting on the issuance date. |
Stock Option (Right to buy)
|
180,000 |
| 2025-06-05 | Kaufman Daniel Louis |
10% Owner |
Convert↓
Filing footnotes — Warrant to Purchase Common Stock (Direct)
This form 4 is being filed to report the exercise in full for cash of a warrant to purchase common stock issued to Kaufman Kapital, LLC on July 24, 2024, the issuance of which was reported in a Form 3 filed by the reporting persons on August 8, 2024. |
Warrant to Purchase Common Stock
|
1,000,000 |
| 2025-06-05 | Kaufman Daniel Louis |
10% Owner |
Convert↑
Filing footnotes — Common Stock (Direct)
This form 4 is being filed to report the exercise in full for cash of a warrant to purchase common stock issued to Kaufman Kapital, LLC on July 24, 2024, the issuance of which was reported in a Form 3 filed by the reporting persons on August 8, 2024. |
Common Stock
|
1,000,000 |
| 2025-04-21 | Jones Byron Riche |
Director |
Buy↑
|
Common Stock
|
500 |
| 2025-04-14 | Dalfonsi John |
Director, Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2025-04-14 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2025-04-14 | Israel David Richard |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2025-04-14 | Jones Byron Riche |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2025-04-14 | Jain Deven |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2025-04-14 | Somerville Greg |
Director |
Award↑
Filing footnotes — Stock Option (Right to buy) (Direct)
The option vests in six equal monthly installments over the six-month period following the issuance date of the option. |
Stock Option (Right to buy)
|
15,000 |
| 2025-04-11 | Schwartz Lindsey |
Director |
Award↑
|
Stock Option (Right to buy)
|
30,000 |
| 2024-12-09 | Kaufman Daniel Louis |
10% Owner |
Other↑
Filing footnotes — 12% Convertible Note (Direct)
As of October 14, 2024, the shareholders of the Issuer approved the conversion in full of the convertible note reported in the Reporting Persons' Form 3. The Reporting Persons are no longer subject to a cap limiting the number of shares common stock that they may hold. On December 9, 2024, the Reporting Persons loaned an additional $1,400,000 to the Issuer. |
12% Convertible Note
|
0 |
| 2024-10-14 | Kaufman Daniel Louis |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Direct)
As of October 14, 2024, the shareholders of the Issuer approved the exercise in full of the warrants reported in the Reporting Persons' Form 3. The Reporting Persons are no longer subject to a cap limiting the number of shares common stock that they may hold. |
Warrant to Purchase Common Stock
|
0 |
| 2024-10-14 | Kaufman Daniel Louis |
10% Owner |
Other↑
Filing footnotes — 12% Convertible Note (Direct)
As of October 14, 2024, the shareholders of the Issuer approved the conversion in full of the convertible note reported in the Reporting Persons' Form 3. The Reporting Persons are no longer subject to a cap limiting the number of shares common stock that they may hold. |
12% Convertible Note
|
0 |
| 2024-10-14 | Kaufman Daniel Louis |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Direct)
As of October 14, 2024, the shareholders of the Issuer approved the exercise in full of the warrants reported in the Reporting Persons' Form 3. The Reporting Persons are no longer subject to a cap limiting the number of shares common stock that they may hold. |
Warrant to Purchase Common Stock
|
0 |
| 2024-08-30 | Dalfonsi John |
Director, Chief Financial Officer |
Buy↑
Filing footnotes — Common Stock (Indirect)
The common stock relates to the purchase of 1,318.91 "Units" by Eagle Vision Fund L.P. (the "Fund") at a price of $75.82 per Unit. Each Unit consists of 100 shares common stock and warrants to purchase 125 shares of common stock. At the direction of the Fund, the warrants were issued directly to certain limited partners of the Fund. Mr. Dalfonsi is both the managing member of the general partner of the Fund, and a limited partner of the Fund, and disclaims beneficial ownership of the securities held by the Fund except to the extent of his pecuniary interest therein. |
Common Stock
(I)
|
131,891 |
| 2024-08-26 | Jones Byron Riche |
Director |
Buy↑
|
Common Stock
|
2,955 |
| 2024-07-24 | Jain Deven |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-07-23 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
The reported securities consist of 5,275.65 "Units" purchased by the reporting person for $75.82 per Unit. Each Unit consists of 100 shares common stock and warrants to purchase 125 shares of common stock. |
Common Stock
|
527,565 |
| 2024-07-23 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Warrant to Purchase Common Stock Option (Right to buy) (Direct)
The reported securities consist of 5,275.65 "Units" purchased by the reporting person for $75.82 per Unit. Each Unit consists of 100 shares common stock and warrants to purchase 125 shares of common stock. The warrant will not be exercisable until such time as the Issuer has obtained the approval of its shareholders to the exercise of the warrant in accordance with Listing Rules 5635(c) and 5635(d) of The Nasdaq Stock Market, Inc. |
Warrant to Purchase Common Stock Option (Right to buy)
|
659,456 |
| 2024-07-22 | Jones Byron Riche |
Director |
Buy↑
|
Common Stock
|
41,755 |
| 2024-02-22 | Jones Byron Riche |
Director |
Award↑
|
Stock Option (Right to buy)
|
34,166 |
| 2024-02-22 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Award↑
|
Stock Option (Right to buy)
|
140,000 |
| 2024-02-22 | Israel David Richard |
Director |
Award↑
|
Stock Option (Right to buy)
|
30,000 |
| 2024-02-22 | Dalfonsi John |
Director, Chief Financial Officer |
Award↑
|
Stock Option (Right to buy)
|
75,000 |
| 2024-02-22 | Somerville Greg |
Director |
Award↑
|
Stock Option (Right to buy)
|
15,000 |
| 2023-10-24 | Coulter Christopher Pierce |
Chief Financial Officer |
Award↑
|
Stock Option (Right to buy)
|
7,500 |
| 2023-08-08 | Dalfonsi John |
Director, Chief Financial Officer |
Award↑
Filing footnotes — Nonqualified Stock Option (right to buy) (Direct)
1/12th of the shares granted shall become vested and exercisable as of each monthly anniversary commencing on August 8, 2023. After the transaction reported herein, the number of securities and derivative securities beneficially owned by the Reporting Person are 30,000 and 74,803, respectively. |
Nonqualified Stock Option (right to buy)
|
30,000 |
| 2023-08-08 | Somerville Greg |
Director |
Award↑
Filing footnotes — Nonqualified Stock Option (right to buy) (Direct)
1/12th of the shares granted shall become vested and exercisable as of each monthly anniversary commencing on August 8, 2023. |
Nonqualified Stock Option (right to buy)
|
30,000 |
| 2023-06-16 | Dalfonsi John |
Director, Chief Financial Officer |
Buy↑
|
Common Stock
(I)
|
5,000 |
| 2023-06-16 | Healy Eric |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
All share amounts reflect a 2.5:1 reverse stock split effective June 16, 2023. |
Common Stock
|
2,000 |
| 2023-06-15 | Dalfonsi John |
Director, Chief Financial Officer |
Buy↑
|
Common Stock
(I)
|
25,000 |
| 2023-06-13 | Somerville Greg |
Director |
Other↑
|
No Securities Owned
|
0 |