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

Rhea-AI Filing Summary

Byrna Technologies Inc. (BYRN) – Form 4 insider filing

Independent director Leonard J. Elmore was granted 4,865 restricted stock units (RSUs) on 07/29/2025. Each RSU represents one common share (or cash equivalent) upon settlement. The award vests on the earlier of (i) one year after the grant date or (ii) the 2026 Annual Meeting of Shareholders, provided that meeting occurs at least 50 weeks after the 2025 meeting and Mr. Elmore remains an independent director on the vesting date.

No open-market purchase or sale occurred; the filing simply increases the director’s direct beneficial ownership to 4,865 shares. The disclosure reflects routine equity compensation and contains no information on company financials, operations or guidance.

Positive

• Director awarded 4,865 RSUs, modestly increasing insider equity alignment with shareholders

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine RSU grant; negligible dilution, no cash trade, modest alignment signal—overall neutral to stock.

The 4,865-unit award represents a small fraction of BYRN’s outstanding shares and does not alter liquidity or control. Because the grant is service-based and non-cash, it has no immediate P&L impact and immaterial future dilution. Investors typically view such director grants as standard board compensation rather than directional insight. Therefore, the filing is informational with limited trading relevance.

Corporate Governance Expert

TL;DR: Grant strengthens director–shareholder alignment; positive governance cue, but impact modest.

Equity-based compensation ensures directors participate in upside alongside investors, incentivising long-term value creation. Vesting tied to continued service and next AGM supports board stability. While positive from a governance stance, the small size limits strategic significance; thus, influence on valuation or voting dynamics remains minimal.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ELMORE LEONARD J

(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 *	07/30/2025
	** 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

How many RSUs did BYRN director Leonard J. Elmore receive?

He was granted 4,865 restricted stock units.

When will the RSUs granted to Leonard J. Elmore vest?

They vest on the earlier of one year from 07/29/2025 or the 2026 Annual Meeting, subject to continued board service.

Did the Form 4 show any open-market buying or selling by the director?

No. The filing reports an equity award; there were no purchases or sales of existing shares.

What is Leonard J. Elmore’s role at Byrna Technologies (BYRN)?

He is listed as an independent director of the company.

Does the RSU grant have an immediate impact on BYRN’s earnings?

No immediate earnings effect is disclosed; RSUs may create non-cash expense over the vesting period, but this filing cites no amounts.