Byrna director converts 1,459 RSUs to shares
Byrna Technologies director Herbert Hughes reported acquiring rights to 1,459 shares of common stock on March 2, 2026 through the exercise/conversion of restricted stock units granted for board service.
Rhea-AI Filing Summary
Byrna Technologies director Herbert Hughes reported acquiring rights to 1,459 shares of common stock on March 2, 2026 through the exercise/conversion of restricted stock units granted for board service. These 1,459 units vested when he retired as Chairman but remained on the Board, while 4,865 additional units remain outstanding and unvested pending completion of his director term. The vested and remaining units must be settled in common stock or cash by March 15, 2027, subject to the original vesting conditions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,459 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,459 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock or cash.
- F2. The restricted stock units (the "Units") were granted on 7/29/25 for service as Chairman of the Board during the 2025-26 Annual Meeting Cycle together with 4,865 units as part of the reporting person's base compensation as a director for a total reported grant of 6,324 units with vesting to occur on the earlier of 7/29/26 or the 2026 meeting of the Company's shareholders (provided such meeting is held at least 50 weeks after the 2025 meeting) (the "Final Vesting Date") and conditioned on continued service on the Final Vesting Date.
- F3. On 3/2/26, the reporting person retired as Chairman while remaining on the Board as a director and a new Chair was elected; the vesting of the portion of the 7/29/25 grant related to services as Chair was accelerated, while the other 4,865 units (the "Unvested Units") remain outstanding but unvested pending completion of the director's term. The 1,459 vested units have not yet been settled but must be settled by March 15, 2027 together with the Unvested Units, provided those units also vest by the Final Vesting Date.
FAQ
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What insider transaction did Byrna Technologies (BYRN) disclose for Herbert Hughes?
How many restricted stock units does Herbert Hughes still hold at Byrna Technologies (BYRN)?
When were Herbert Hughes’s Byrna Technologies (BYRN) restricted stock units granted and on what terms?
How did Herbert Hughes’s role change at Byrna Technologies (BYRN) on March 2, 2026?
When must Herbert Hughes’s vested and unvested Byrna Technologies (BYRN) RSUs be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.