Byrna Technologies (BYRN) chair receives 4,379 shares from RSU vesting
Rhea-AI Filing Summary
Byrna Technologies Inc. Chairman of the Board TJ Kennedy reported the vesting and settlement of 4,379 restricted stock units into an equal number of shares of common stock on July 29, 2026. The units had a $0.00 exercise price, and Kennedy now directly holds 33,379 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,379 shares
Net Buy
2 txns
Insider
Kennedy TJ
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2 | 4,379 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 4,379 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 33,379 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock or cash. This transaction represents the settlement of restricted stock units in shares of common stock following vesting.
- F2. The restricted stock units were granted on September 18, 2025, vested on July 29, 2026, were required to be settled by March 15, 2027, and were settled on July 29, 2026.
Key Figures
RSUs settled: 4,379 units
Common shares received: 4,379 shares
Shares owned after transaction: 33,379 shares
+1 more
4 metrics
RSUs settled
4,379 units
Restricted stock units converted into common stock on July 29, 2026
Common shares received
4,379 shares
Shares of common stock issued to TJ Kennedy upon RSU settlement
Shares owned after transaction
33,379 shares
Direct Byrna Technologies common stock holdings of TJ Kennedy following the Form 4 transaction
RSU exercise price
$0.0000 per share
Conversion or exercise price for the restricted stock units settled into common stock
Key Terms
Restricted Stock Unit, settlement, vested, Exercise or conversion of derivative security
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the right to receive, at settlement, one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
settlement financial
"represents the right to receive, at settlement, one share of common stock or cash"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
vested financial
"The restricted stock units were granted on September 18, 2025, vested on July 29, 2026"
Exercise or conversion of derivative security financial
"transaction code description "Exercise or conversion of derivative security""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TJ Kennedy report for Byrna Technologies (BYRN)?
TJ Kennedy reported the vesting and settlement of 4,379 restricted stock units into an equal number of Byrna Technologies common shares. Following this non-cash equity settlement on July 29, 2026, his direct holdings increased to 33,379 shares of common stock.
What was the size and nature of the RSU award in the Byrna Technologies (BYRN) Form 4?
The filing shows 4,379 restricted stock units settled into common stock for TJ Kennedy. Each RSU represented the right to receive one share or cash, and this transaction reflects settlement of those units in shares following their vesting on July 29, 2026.
When were TJ Kennedy’s Byrna Technologies (BYRN) restricted stock units granted and vested?
The restricted stock units were granted on September 18, 2025 and vested on July 29, 2026. They were required to be settled by March 15, 2027, and were in fact settled on July 29, 2026, according to the footnotes.
Did TJ Kennedy pay an exercise price for the Byrna Technologies (BYRN) RSU settlement?
No cash exercise price was paid; the RSUs carried a $0.00 exercise price. The Form 4 describes this as an exercise or conversion of a derivative security, with 4,379 restricted stock units settling into 4,379 shares of common stock without a stated purchase price.
Was TJ Kennedy’s Byrna Technologies (BYRN) Form 4 trade under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox on the Form 4 is not marked, indicating the transaction was not affirmed as made under a Rule 10b5-1 trading plan. The filing instead describes routine vesting and settlement of restricted stock units.