Byrna Technologies (BYRN) CFO settles 7,500 RSUs, holds 16,887 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KEARNES LAURILEE reported acquisition or exercise transactions in this Form 4 filing.
Byrna Technologies Inc. Chief Financial Officer Laurilee Kearnes settled 7,500 restricted stock units into an equal number of common shares on July 15, 2026, following vesting on June 19, 2026. After this equity compensation settlement, she holds 16,887 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,500 shares exercised/converted
Mixed
2 txns
Insider
KEARNES LAURILEE
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,500 | -- | -- |
| Exercise | Common stock | 7,500 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common stock — 16,887 shares (Direct)
Footnotes (1)
- Each restricted stock unit represented the right to receive, at settlement, one share of common stock. This transaction represents the settlement of 7,500 restricted stock units in shares of common stock following vesting. These restricted stock units vested on 6/19/26, were required to be settled by 3/15/27, and were settled on 7/15/26.
Key Figures
RSUs settled: 7,500 units
Common shares after transaction: 16,887 shares
RSU vesting date: June 19, 2026
+2 more
5 metrics
RSUs settled
7,500 units
Restricted stock units converted to common stock on July 15, 2026
Common shares after transaction
16,887 shares
CFO’s direct common stock holdings following RSU settlement
RSU vesting date
June 19, 2026
Date the 7,500 restricted stock units vested
RSU settlement deadline
March 15, 2027
Latest required settlement date for these RSUs
RSU settlement date
July 15, 2026
Date RSUs were settled into common stock
Key Terms
Restricted stock unit, derivative security, settlement, vested
4 terms
Restricted stock unit financial
"Each restricted stock unit represented 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
"represented the right to receive, at settlement, one share 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.
vested financial
"These restricted stock units vested on 6/19/26, were required to be settled"
FAQ
What insider transaction did Byrna Technologies (BYRN) report for its CFO?
Byrna Technologies (BYRN) reported that CFO Laurilee Kearnes settled 7,500 restricted stock units into common shares. The units vested on June 19, 2026 and were settled on July 15, 2026, bringing her direct holdings to 16,887 common shares.
Was the Byrna Technologies (BYRN) CFO’s transaction a market purchase or equity compensation?
The transaction reflects equity compensation, not an open-market trade. It is coded as an exercise or conversion of a derivative security, where 7,500 vested restricted stock units were settled into common shares rather than bought or sold on the market.
What key dates apply to the CFO’s restricted stock units at Byrna Technologies (BYRN)?
The 7,500 restricted stock units vested on June 19, 2026, were required to be settled by March 15, 2027, and were actually settled on July 15, 2026. These dates define when the units became earned and when they were converted into shares.