Byrna director settles 4,865 RSUs into stock
Byrna Technologies Inc. director Chris Lavern Reed reported the vesting and settlement of restricted stock units into common stock.
Rhea-AI Filing Summary
Byrna Technologies Inc. director Chris Lavern Reed reported the vesting and settlement of restricted stock units into common stock. On July 29, 2026, 4,865 Restricted Stock Units were converted into 4,865 shares of common stock at no cash exercise price. These RSUs were granted on July 29, 2025, vested on July 29, 2026, and were required to be settled by March 15, 2027 but were settled on July 29, 2026. Following this settlement, Reed directly holds 66,585 shares of Byrna common stock, and the reported RSU award has been fully settled.
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Insider Trade Summary
4,865 shares exercised/converted
Exercise
2 txns
Insider
Reed Chris Lavern
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 contracts (Direct);
Common Stock — 66,585 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 Restricted Stock Units
Common shares received: 4,865 shares
Shares held after transaction: 66,585 shares
+3 more
6 metrics
RSUs settled
4,865 Restricted Stock Units
Converted into common stock on July 29, 2026
Common shares received
4,865 shares
Shares of common stock received upon RSU settlement
Shares held after transaction
66,585 shares
Director’s direct Byrna common stock holdings following the settlement
RSU grant date
July 29, 2025
Date the reported Restricted Stock Units were granted
RSU vesting date
July 29, 2026
Date the Restricted Stock Units vested
Latest settlement deadline
March 15, 2027
RSUs were required to be settled by this date
Key Terms
Restricted Stock Unit, settlement, vesting, derivative security
4 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.
vesting financial
"settlement of restricted stock units in shares of common stock following vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BYRN director Chris Lavern Reed report?
Chris Lavern Reed reported settling 4,865 Restricted Stock Units into 4,865 shares of Byrna common stock on July 29, 2026. The event reflects equity compensation vesting and does not involve an open-market purchase or sale.
What were the key dates for the RSU award reported by BYRN director Reed?
The Restricted Stock Units were granted July 29, 2025, vested July 29, 2026, had to be settled by March 15, 2027, and were actually settled July 29, 2026. These dates define the life cycle of the RSU award.
Did the BYRN Form 4 reflect an open-market buy or sell of common stock?
No. The Form 4 reflects conversion of 4,865 Restricted Stock Units into 4,865 common shares, not an open-market purchase or sale. The derivative RSU position went to zero as it was fully settled into stock.
Was Chris Lavern Reed’s BYRN transaction executed under a Rule 10b5-1 trading plan?
The data indicate the Rule 10b5-1 checkbox was not affirmed, so the reported RSU settlement was not designated as occurring under a Rule 10b5-1 trading plan. It represents scheduled equity compensation vesting.
How many Restricted Stock Units did Chris Lavern Reed settle in this BYRN transaction?
Chris Lavern Reed settled 4,865 Restricted Stock Units, each representing the right to receive one share of Byrna common stock or cash. In this case, the units were settled entirely in common shares upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
