Byrna Technologies Insider Gains 6,324 Stock Units in Form 4 Filing

Rhea-AI Filing Summary

Byrna Technologies Inc. (BYRN) – Form 4 filing dated 07/29/2025

Chairman and Director Herbert Hughes reported the award of 6,324 restricted stock units (RSUs) under the company’s equity-compensation program. The transaction is coded “A” (acquisition) and was executed on 07/29/2025. Each RSU entitles the holder to receive one share of BYRN common stock (or cash equivalent) upon vesting. Vesting occurs on the earlier of (i) one year after the grant date or (ii) the 2026 Annual Meeting of Shareholders, provided this meeting is held at least 50 weeks after the 2025 Annual Meeting.

• 4,865 RSUs vest subject to Mr. Hughes’ continued service as an independent director.
• The remaining balance vests upon his continued service as Chairman of the Board.

The filing shows no dispositions; post-grant beneficial ownership stands at 6,324 derivative securities held directly. No common-stock sales were disclosed, indicating the insider increased, rather than decreased, economic exposure to BYRN shares.

Insights

Equity Compensation Analyst

TL;DR: Insider received 6,324 RSUs, no shares sold; modestly positive alignment, immaterial dilution.

The grant adds a small equity stake that vests within 12 months or at the 2026 AGM, incentivising board continuity. Because RSUs convert 1-for-1, potential dilution is minimal relative to BYRN’s outstanding share count (not provided here). Absence of dispositions removes any negative signalling that can accompany insider sales. Impact is largely symbolic but directionally positive for governance and alignment.

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

1. Name and Address of Reporting Person^*

Hughes Herbert

(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)
			Chairman of the Board

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		6,324		(2)	(2)	Common Stock	6,324	(1)	6,324	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 (the "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, conditional with respect to 4,865 of the Units on continued service to the Company as an independent director on the vesting date and, with respect to the balance of the Units, on continued service as Chairman of the Board on the vesting date.

Remarks:

*Signed under power of attorney on behalf of Reporting Person

	/s/ Lisa Klein Wager*	07/29/2025
	** 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 Byrna Technologies (BYRN) RSUs did Chairman Herbert Hughes receive?

He was granted 6,324 restricted stock units on 07/29/2025.

Were any BYRN shares sold by the insider in this Form 4?

No. The filing reports only an acquisition of RSUs and no dispositions of common stock.

When do the newly granted RSUs vest for Herbert Hughes?

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

What conditions apply to the 4,865 contingent RSUs mentioned in the Form 4?

Vest is conditional on Mr. Hughes continuing as an independent director on the vesting date.

Does this Form 4 imply dilution for BYRN shareholders?

The grant could add up to 6,324 new shares upon settlement, a minimal potential dilution given BYRN’s typical float size.