Upgrade to SI Premium - Free Trial

Form 4 BranchOut Food Inc. For: May 07 Filed by: Kaufman Daniel Louis

May 7, 2026 5:05 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Kaufman Daniel Louis

(Last) (First) (Middle)
2158 CALLE PARK BLVD

(Street)
SAN JUAN PR 00913

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BranchOut Food Inc. [ BOF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/07/2026 X 500,000 A $ 1.5 1,903,506 (1) I By Kaufman Kapital LLC (2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant $ 1.5 05/07/2026 X 500,000 10/14/2024 12/31/2026 Common 500,000 $ 0 0 I By Kaufman Kapital LLC (2)
Conv. Note (as amended) (3) $ 0.7582 10/14/2024 12/31/2027 (4) Common 4,692,648 (5) 4,692,648 (5) I By Kaufman Kapital LLC (2)
Explanation of Responses:
1. 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).
2. 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.
3. On May 7, 2026, the Convertible Note was amended to (i) extend the maturity date from December 31, 2026 to December 31, 2027, (ii) reduce the interest rate from 12% to 8% per annum (effective from May 7, 2026; interest accrued prior to that date was calculated at 12%), and (iii) provide that the Company may not prepay more than $2,400,000 of principal prior to September 30, 2027 without the holder's consent. The conversion price ($0.7582 per share) and all conversion mechanics remain unchanged. Both outstanding principal ($2,900,000) and accrued and unpaid interest (approximately $658,100 as of the date hereof, calculated at 12% through May 7, 2026) are convertible at the option of the holder at any time.
4. Maturity date as amended on May 7, 2026. Prior maturity date was December 31, 2026. The Convertible Note became exercisable/convertible on October 14, 2024, the date of shareholder approval.
5. Represents approximately 4,692,648 shares of Common Stock issuable upon conversion of all outstanding principal ($2,900,000) and accrued and unpaid interest (approximately $658,100) under the Convertible Note at the conversion price of $0.7582 per share. Interest accrues at 8% per annum on $2,900,000 of outstanding principal following the May 7, 2026 amendment.
/s/ Daniel L. Kaufman, individually 05/07/2026
** Signature of Reporting Person Date
/s/ Daniel L. Kaufman, as sole member and manager of Kaufman Kapital LLC 05/07/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Categories

SEC Filings