Byrna Technologies (BYRN) director receives 4,865 shares in RSU vesting
Rhea-AI Filing Summary
Byrna Technologies Inc. director Hughes Herbert reported the settlement of previously granted restricted stock units into common shares. On July 29, 2026, 4,865 restricted stock units were settled into 4,865 shares of common stock, increasing his direct common stock holdings to 178,342 shares and eliminating this specific RSU position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,865 shares
Net Buy
2 txns
Insider
Hughes Herbert
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 — 178,342 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 settled: 4,865 units
Shares acquired via settlement: 4,865 shares
Shares held after transaction: 178,342 shares
+2 more
5 metrics
RSUs settled
4,865 units
Restricted stock units settled into common stock on July 29, 2026
Shares acquired via settlement
4,865 shares
Common stock received upon RSU vesting and settlement
Shares held after transaction
178,342 shares
Director’s direct common stock holdings following July 29, 2026 settlement
RSU grant date
July 29, 2025
Grant date of the restricted stock units that later vested and settled
RSU latest settlement deadline
March 15, 2027
Required latest settlement date for the restricted stock units
Key Terms
Restricted Stock Unit, derivative security, settlement
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.
derivative security financial
"transaction code description: 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.
settlement financial
"were required to be settled by March 15, 2027, and were settled on July 29, 2026"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Hughes Herbert report for BYRN in this Form 4?
Hughes Herbert reported settling 4,865 restricted stock units into 4,865 shares of common stock on July 29, 2026. This reflects the vesting and share settlement of a prior equity award rather than an open-market purchase or sale.
What happened to Hughes Herbert’s restricted stock units in the BYRN Form 4 filing?
The filing shows that 4,865 restricted stock units, granted on July 29, 2025, vested on July 29, 2026 and were settled into 4,865 shares of common stock. The corresponding derivative RSU position was reduced to zero.
Were Hughes Herbert’s BYRN transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so these transactions were not reported as occurring under a Rule 10b5-1 trading plan. They reflect scheduled RSU vesting and settlement mechanics.