Daniel L. Kaufman, a 10% owner of BranchOut Food Inc. (NASDAQ:BOF), sold 213,830 shares for a total of $697,085 on May 12, 2026.
The shares were sold in open-market transactions at prices ranging from $3.25 to $3.45, with a weighted average price of $3.26. The stock later rose to $3.80 but remains down 7.5% over the past week.
The sale was conducted through Kaufman Kapital LLC, which now holds 1,689,676 shares. The company is burning cash and has a weak financial health score of 1.7.
In other news, BranchOut Food reported record production of 46,000 kg/month and expects record revenue in Q2 2026. Salary increases were announced for CEO Eric Healy and CFO John Dalfonsi. The company also partnered with Zesty Snackz for fruit chips.
