Byrna Technologies (BYRN) chairman receives 810 restricted stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennedy TJ reported acquisition or exercise transactions in this Form 4 filing.
Byrna Technologies Inc. reported that Chairman of the Board TJ Kennedy received a grant of 810 restricted stock units (RSUs) on March 2, 2026. Each RSU represents a contingent right to receive one share of Byrna common stock, with no cash paid for the award.
The RSUs were granted in connection with Kennedy’s appointment as Chairman of the Board. They vest on the date of Byrna’s next annual meeting of stockholders, conditioned on his continuous service through that vesting date. After this grant, he beneficially holds 810 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kennedy TJ
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 810 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 810 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. (the "Issuer") The RSUs were granted in connection with the Reporting Person's appointment as Chairman of the Board on the Issuer's board of directors. Pursuant to the terms of the grant, the RSUs vest on the date of the Issuer's next annual meeting of stockholders conditioned on the Reporting Person's continuous service through such vesting date.
FAQ
What insider transaction did Byrna Technologies (BYRN) report for TJ Kennedy?
Byrna Technologies reported that Chairman TJ Kennedy received a grant of 810 restricted stock units. The award is a stock-based compensation grant, giving him a contingent right to receive an equal number of Byrna common shares, subject to vesting conditions tied to future service.
How many Byrna Technologies (BYRN) RSUs were granted to Chairman TJ Kennedy?
TJ Kennedy was granted 810 restricted stock units of Byrna Technologies. Each RSU corresponds to one share of common stock. The award increased his directly held RSU balance to 810 units, all of which are subject to future vesting at the next annual stockholder meeting.
What are the vesting conditions for TJ Kennedy’s Byrna (BYRN) RSU grant?
The RSUs granted to TJ Kennedy vest on the date of Byrna’s next annual meeting of stockholders. Vesting is conditioned on his continuous service with the company through that meeting date, meaning he must remain in his role until then for the units to settle into shares.
Did TJ Kennedy pay a purchase price for the Byrna Technologies (BYRN) RSUs?
No, TJ Kennedy did not pay a purchase price for these RSUs. The Form 4 shows the transaction price per unit as 0.0000, indicating the grant is part of his compensation as Chairman rather than an open-market share purchase with personal cash outlay.
How does this Form 4 affect TJ Kennedy’s Byrna (BYRN) equity holdings?
Following this RSU grant, TJ Kennedy directly holds 810 restricted stock units in Byrna Technologies. These units represent a right to receive 810 common shares in the future, assuming the vesting conditions tied to the company’s next annual stockholder meeting are fully satisfied.