Byrna Technologies (BYRN) director settles 11,528 RSUs into common shares

Rhea-AI Filing Summary

Byrna Technologies Inc. director Elmore Leonard J reported the settlement of restricted stock units into common stock. On January 22, 2026, he converted 11,528 restricted stock units into 11,528 shares of common stock at an exercise price of zero, increasing his directly held common stock to 45,946 shares. The units were originally granted on July 19, 2024, vested on July 29, 2025, were required to be settled by March 15, 2026, and were settled on January 22, 2026. Each restricted stock unit entitled him to receive one share of common stock or cash at settlement.

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

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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).

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)
01/22/2026

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
Common Stock	01/22/2026		M		11,528	A	(1)	45,946	D

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	$0	01/22/2026		M			11,528	(2)	(2)	Common Stock	11,528	$0	0	D

Explanation of Responses:

1. 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.

2. The restricted stock units were granted on July 19, 2024, vested on July 29, 2025, were required to be settled by March 15, 2026, and were settled on January 22, 2026.

	/s/ Lisa Klein Wager by Power of Attorney	01/23/2026
	** 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.
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FAQ

What insider transaction did BYRN director Elmore Leonard J report?

Director Elmore Leonard J reported settling 11,528 restricted stock units into 11,528 shares of Byrna Technologies Inc. common stock on January 22, 2026.

How many BYRN shares does Elmore Leonard J own after this Form 4 transaction?

Following the settlement, Elmore Leonard J directly owns 45,946 shares of Byrna Technologies Inc. common stock.

What was the price for the restricted stock unit conversion reported for BYRN?

The 11,528 restricted stock units were settled into common shares at an exercise price of zero, as shown in the derivative securities table.

When were the BYRN restricted stock units granted, vested, and settled?

The restricted stock units were granted on July 19, 2024, vested on July 29, 2025, were required to be settled by March 15, 2026, and were settled on January 22, 2026.

What does each Byrna Technologies restricted stock unit represent in this Form 4?

Each restricted stock unit represents the right to receive, at settlement, one share of common stock or cash, and this transaction reflects settlement in shares of common stock.

Is this BYRN Form 4 transaction a sale of shares by the director?

No. The Form 4 shows a conversion (code M) of restricted stock units into common stock and the derivative position going to zero, rather than an open-market sale.