Kennedy TJ 4

What Happened TJ Kennedy, Chairman of the Board of Byrna Technologies (BYRN), received a grant of 810 restricted stock units (RSUs) on 2026-03-02. The RSUs were reported as a derivative award at an acquisition price of $0.00 (transaction code A). These RSUs do not represent immediate shares of stock but a contingent right to receive up to 810 shares if the vesting conditions are met.

Key Details

• Transaction date: 2026-03-02; filing date: 2026-03-09 (filing appears late relative to the transaction).
• Award: 810 RSUs @ $0.00 (derivative grant; transaction code A).
• Shares owned after the transaction: not disclosed in the Form 4 filing.
• Footnotes: (1) Each RSU represents a contingent right to receive one common share. (2) RSUs were granted in connection with Kennedy’s appointment as Chairman and vest on the date of the issuer’s next annual meeting, conditioned on continued service through that date.
• No 10b5-1 plan, tax-withholding sale, or immediate sale of shares is reported.

Context RSUs are a form of compensation: they are awards that convert to actual shares only if vesting conditions are satisfied. This grant reflects compensation tied to Kennedy’s board appointment rather than an open-market purchase or sale; it does not by itself indicate buy/sell sentiment. The late filing means the report was submitted several days after the transaction date, which investors may note when tracking insider timing.