Leonard J. Elmore settles 4,865 RSUs at Byrna Technologies (BYRN)
Rhea-AI Filing Summary
Byrna Technologies Inc. director Leonard J. Elmore settled previously granted Restricted Stock Units into common shares. On July 29, 2026, 4,865 RSUs were converted into 4,865 shares of common stock, increasing his direct holdings to 50,811 common shares. The RSUs were granted July 29, 2025, vested July 29, 2026, and were settled in shares rather than cash. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,865 shares
Net Buy
2 txns
Insider
ELMORE LEONARD J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2 | 4,865 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,865 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 50,811 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 July 29, 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 converted: 4,865 units
Common shares acquired: 4,865 shares
Common shares owned after: 50,811 shares
+3 more
6 metrics
RSUs converted
4,865 units
Restricted Stock Units settled into common stock on July 29, 2026
Common shares acquired
4,865 shares
Shares received upon RSU settlement on July 29, 2026
Common shares owned after
50,811 shares
Direct holdings of common stock following the reported transactions
RSU grant date
July 29, 2025
Grant date of the Restricted Stock Units reported in the footnotes
RSU vesting date
July 29, 2026
Vesting date of the Restricted Stock Units prior to settlement
RSU settlement deadline
March 15, 2027
Latest required settlement date for the Restricted Stock Units
Key Terms
Restricted Stock Unit, settlement, derivative security
3 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 settlement of restricted stock units in shares of common stock"
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Byrna Technologies (BYRN) report for Leonard J. Elmore?
Leonard J. Elmore settled 4,865 Restricted Stock Units into 4,865 shares of Byrna Technologies common stock on July 29, 2026. This equity award vesting increased his direct ownership to 50,811 common shares, with no open-market purchases or sales reported.
What equity award vested for Byrna Technologies (BYRN) director Leonard J. Elmore?
Elmore’s equity award was a grant of Restricted Stock Units made on July 29, 2025. These RSUs vested on July 29, 2026 and were settled the same day into 4,865 shares of common stock, instead of cash, as disclosed in the footnotes.
When were Leonard J. Elmore’s Byrna Technologies (BYRN) RSUs required to be settled?
The Restricted Stock Units were required to be settled by March 15, 2027, according to the disclosure. They were actually settled earlier, on July 29, 2026, when Elmore received 4,865 shares of common stock upon vesting of the award.
Was Leonard J. Elmore’s Byrna Technologies (BYRN) transaction under a Rule 10b5-1 plan?
The filing’s checkbox indicates the transactions were not conducted under a Rule 10b5-1 trading plan. Instead, they reflect automatic settlement of previously granted Restricted Stock Units into common stock upon vesting, rather than discretionary trading activity in the market.