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SCHEDULE Filed 2025-01-22 Event 2025-01-22 SEC 0001104659-25-005362 →

Irenic Capital Management LP BARNES GROUP INC

Stake: 5.10% Shares: 2,572,142 CUSIP: 067806109 Class: Common Stock, par value $0.01 per share

Item 4 — Purpose of Transaction

The following constitutes Amendment No. 2 (this "Amendment No. 2") to the Schedule 13D filed with the Securities and Exchange Commission (the "SEC") by the undersigned with respect to the Issuer on January 29, 2024, as amended by that certain Amendment No. 1 thereto, filed with the SEC on March 7, 2024 (together with this Amendment No. 2, collectively, the "Schedule 13D"). This Amendment No. 2 amends the Schedule 13D as specifically set forth herein. Item 4 is hereby amended to add the following: In connection with the transactions contemplated by that certain Agreement and Plan of Merger, dated as of October 6, 2024 (the "Merger Agreement"), by and among the Issuer, Goat Holdco, LLC and Goat Merger Sub, Inc. (as described in greater detail in the Issuer's Current Report on Form 8-K, filed with the SEC on October 7, 2024), Irenic Capital has begun exploring the possibility of contributing a minority portion of the Shares held by the Irenic Funds to the acquiring entity in the proposed merger in exchange for equity in the post-merger company.

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