[Form 4] Byrna Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Byrna Technologies Inc. (BYRN) filed a Form 4 reporting that independent director Chris Lavern Reed acquired 4,865 restricted stock units (RSUs) on 29 Jul 2025. Each RSU converts into one share of common stock or cash upon settlement and was classified as an acquisition (code “A”). After the grant, Reed holds 4,865 derivative securities; no common-stock positions or dispositions were disclosed.

The RSUs vest on the earlier of (i) one year from the grant date or (ii) the 2026 Annual Meeting of Shareholders at which directors are elected, provided that meeting is held at least 50 weeks after the 2025 meeting and Reed remains an independent director on the vesting date. No exercise price or cash consideration is associated with the award, indicating it is part of the company’s standard director equity compensation.

No open-market purchases, sales, options exercises, or changes to indirect ownership were reported, so the filing has minimal immediate impact on Byrna’s share count or insider trading signal strength.

Insights

Financial Analyst

TL;DR: Small RSU grant to director; improves alignment but is not financially material—neutral for investors.

The Form 4 discloses a routine equity grant of 4,865 RSUs to independent director Chris Reed. With no cash outlay or share sale, it neither signals insider buying conviction nor dilutes existing holders in any meaningful way. Vesting conditions are standard, driven by tenure through the 2026 shareholder meeting. Given the modest size relative to Byrna’s public float and absence of additional transactions, I view the event as governance-related housekeeping rather than a catalyst for the stock. Impact on valuation, liquidity, or control is immaterial.

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

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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^*

Reed Chris Lavern

(Last) (First) (Middle)

100 BURTT ROAD, SUITE 115

(Street)

ANDOVER MA 01810

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025

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

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

X	Form filed by One Reporting Person
	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

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
Restricted Stock Unit	(1)	07/29/2025		A		4,865		(2)	(2)	Common Stock	4,865	(1)	4,865	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock or cash.

2. Pursuant to the terms of the grant, the restricted stock units vest on the earlier of one year from the grant date or the 2026 Annual Meeting of Shareholders at which directors are elected provided that meeting is held at least 50 weeks subsequent to the 2025 Annual Meeting, and conditional on continued service to the Company as an independent director on the vesting date.

Remarks:

*Signed under power of attorney on behalf of Reporting Person

	/s/ Lisa Klein Wager *	07/29/2025
	** 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.

FAQ

What insider transaction did Byrna Technologies (BYRN) report in this Form 4?

Independent director Chris Lavern Reed was granted 4,865 restricted stock units on 29 Jul 2025.

How many RSUs did Chris Reed receive and at what price?

He received 4,865 RSUs; no purchase price was paid, as it is an equity compensation grant.

When will the RSUs granted to the BYRN director vest?

They vest on the earlier of one year from 29 Jul 2025 or the 2026 Annual Meeting of Shareholders, subject to service conditions.

Did the filing disclose any sales or purchases of BYRN common stock?

No. The Form 4 shows no open-market purchases or sales; only the RSU award was reported.

What is Chris Reed’s beneficial ownership after the transaction?

Post-grant, he directly owns 4,865 derivative securities (RSUs) with no additional holdings disclosed.