Byrna Technologies (BYRN) awards 561 RSUs to independent director Keravuori
Rhea-AI Filing Summary
Keravuori Rose P. reported acquisition or exercise transactions in this Form 4 filing.
Byrna Technologies Inc. granted 561 Restricted Stock Units (RSUs) to director Rose P. Keravuori. Each RSU represents a contingent right to receive one share of Byrna common stock. The award reflects a pro rata portion of the equity component of director base compensation for the Issuer's 2025-26 annual meeting cycle.
The RSUs vest on the date of Byrna's 2026 annual meeting of stockholders, after which shares of common stock are deliverable if vesting conditions are satisfied. Following this grant, Keravuori holds 561 RSUs directly, and the grant was not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keravuori Rose P.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 561 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 561 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. (the "Issuer")
- F2. The RSUs were granted in connection with the Reporting Person's appointment as an independent director on the Issuer's board of directors and reflect a pro rata share of the equity portion of the base salary of all directors for the Issuer's 2025-26 Annual Meeting Cycle. Pursuant to the terms of the grant, the RSUs vest on the date of the Issuer's 2026 annual meeting of stockholders
Key Figures
RSUs granted: 561 RSUs
Price per RSU: $0.0000 per unit
RSUs outstanding after grant: 561 RSUs
+1 more
4 metrics
RSUs granted
561 RSUs
Grant to independent director Rose P. Keravuori
Price per RSU
$0.0000 per unit
Compensation-related equity award with no cash exercise price
RSUs outstanding after grant
561 RSUs
Total RSUs held directly by the reporting person following the transaction
Vesting date
2026 annual meeting of stockholders
Single-tranche vesting date for the RSU award
Key Terms
Restricted Stock Units, contingent right, independent director, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of the common stock"
independent director financial
"granted in connection with the Reporting Person's appointment as an independent director"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
annual meeting of stockholders financial
"The RSUs vest on the date of the Issuer's 2026 annual meeting of stockholders"
FAQ
What did Byrna Technologies (BYRN) director Rose P. Keravuori receive in this Form 4 filing?
Rose P. Keravuori received a grant of 561 Restricted Stock Units (RSUs) tied to Byrna Technologies common stock. The RSUs were awarded as part of her compensation for serving as an independent director during the Issuer's 2025-26 annual meeting cycle.
How many Byrna Technologies (BYRN) RSUs were granted and what does each represent?
The filing reports a grant of 561 RSUs to Rose P. Keravuori. Each RSU represents a contingent right to receive one share of Byrna Technologies common stock, delivered only if the vesting conditions specified in the grant are met.
When do the RSUs granted to the Byrna Technologies (BYRN) director vest?
The RSUs granted to Rose P. Keravuori vest on the date of Byrna Technologies' 2026 annual meeting of stockholders. Vesting occurs in a single tranche on that meeting date, aligning the equity award with the company’s 2025-26 Annual Meeting Cycle for directors.
Why were these Byrna Technologies (BYRN) RSUs granted to Rose P. Keravuori?
The RSUs were granted in connection with Rose P. Keravuori’s appointment as an independent director on Byrna’s board. They reflect a pro rata share of the equity portion of all directors’ base salary for the company’s 2025-26 Annual Meeting Cycle.
How many Byrna Technologies (BYRN) RSUs does Rose P. Keravuori hold after this transaction?
After this grant, Rose P. Keravuori beneficially owns 561 RSUs directly. These RSUs are derivative securities that, once vested, entitle her to receive an equivalent number of Byrna Technologies common shares, subject to the grant’s terms and conditions.
Was the Byrna Technologies (BYRN) RSU grant made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so this RSU grant was not reported as made under a Rule 10b5-1 trading plan. It is characterized as a compensation-related award for service as an independent director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
