Byrna corrects ex-officer's 1,842-share tax forfeiture

Q: How many BYRN shares did former officer Pham Luan forfeit for tax withholding?

Pham Luan forfeited 1,842 shares on April 29, 2024, to cover withholding tax obligations from an RSU settlement. The shares were valued using the prior trading day's closing price of $13.67 per share; no market transaction occurred.

The tax withholding came from a 5,000-RSU settlement, with 3,158 net shares issued and 51,870 shares held afterward.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

4/A

Rhea-AI Filing Summary

On April 29, 2024, Pham Luan, a former officer of Byrna Technologies Inc. (BYRN), forfeited 1,842 shares from an RSU settlement to cover withholding tax; no market transaction occurred. The shares were valued using the prior trading day's closing price of $13.67 per share. Following the transaction, Luan held 51,870 shares directly. The RSUs vested on April 18, 2024, and the 5,000-RSU settlement resulted in 3,158 net shares issued.

Insider Trade Summary

Tax Withholding: 1,842 shares

Tax Withholding 1 txn

Insider Pham Luan

Role Insider

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock ^{F1, F2}	1,842	$13.67	$25K

Holdings After Transaction: Common Stock — 51,870 shares (Direct)

Footnotes (2)

F1. In accordance with the terms of the Company's Amended and Restated 2020 Incentive Equity Plan and the Restricted Stock Unit Award Agreement, the Reporting Owner forfeited his rights to 1,842 shares of common stock that otherwise was due to him as part of an RSU settlement to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units. There was no market transaction in connection with this forfeiture. Reporting owner was issued the net number of shares (3,158) reflecting the 5,000 rsu settlement net of the 1,842 shares withhdeld for taxes calculated at the prior trading day's closing price of $13.67. The original form 4 incorrectly reported the number of shares forfeited and number of securities beneficially owned following the transaction.
F2. The restricted stock units vested on 4/18/24 and were forfeited on 4/29/24.

Key Figures

Shares forfeited: 1,842 shares Prior trading day's closing price: $13.67 per share RSUs settled: 5,000 RSUs +2 more

5 metrics

Shares forfeited 1,842 shares For withholding tax obligations on April 29, 2024

Prior trading day's closing price $13.67 per share Price used to calculate withholding tax on the RSU settlement

RSUs settled 5,000 RSUs Settlement associated with the April 29, 2024 transaction

Net shares issued 3,158 shares Net number issued from the 5,000-RSU settlement

Direct shares following transaction 51,870 shares Pham Luan's reported direct holdings after the transaction

Key Terms

RSU settlement, Amended and Restated 2020 Incentive Equity Plan, Restricted Stock Unit Award Agreement

3 terms

RSU settlement financial

"as part of an RSU settlement"

Amended and Restated 2020 Incentive Equity Plan technical

"terms of the Company's Amended and Restated 2020 Incentive Equity Plan"

Restricted Stock Unit Award Agreement technical

"the Restricted Stock Unit Award Agreement"

A restricted stock unit (RSU) award agreement is a formal promise from a company that an employee or contractor will receive company shares (or cash equal to their value) after meeting certain conditions, such as staying with the company for a set time or hitting performance targets. Investors care because RSUs can dilute existing shares when converted, reveal how management is paid and incentivized, and signal future share issuance that can affect earnings and stock value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BYRN shares did former officer Pham Luan forfeit for tax withholding?

Pham Luan forfeited 1,842 shares on April 29, 2024, to cover withholding tax obligations from an RSU settlement. The shares were valued using the prior trading day's closing price of $13.67 per share; no market transaction occurred.

Why was Byrna's Form 4/A amended?

The amendment corrected the originally reported number of shares forfeited and the number of securities beneficially owned following the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 10/16/2026 - 04:03 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:03 PM EDT

SEC Form 4

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
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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pham Luan

(Last)

(First)

(Middle)

100 BURTT ROAD SUITE 115

(Street)

ANDOVER

MASSACHUSETTS

01810

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Byrna Technologies Inc. [ BYRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Former officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2024

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/29/2024

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/29/2024		F⁽¹⁾⁽²⁾		1,842	D	$13.67	51,870	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. In accordance with the terms of the Company's Amended and Restated 2020 Incentive Equity Plan and the Restricted Stock Unit Award Agreement, the Reporting Owner forfeited his rights to 1,842 shares of common stock that otherwise was due to him as part of an RSU settlement to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units. There was no market transaction in connection with this forfeiture. Reporting owner was issued the net number of shares (3,158) reflecting the 5,000 rsu settlement net of the 1,842 shares withhdeld for taxes calculated at the prior trading day's closing price of $13.67. The original form 4 incorrectly reported the number of shares forfeited and number of securities beneficially owned following the transaction.

2. The restricted stock units vested on 4/18/24 and were forfeited on 4/29/24.

	/s/ Lisa Klein Wager by Power of Attorney	10/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR