KEARNES LAURILEE 4
Research Summary
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Byrna (BYRN) CFO Laurilee Kearnes Receives 2,313 Shares
What Happened
Laurilee Kearnes, Chief Financial Officer of Byrna Technologies (BYRN), received 2,313 shares of common stock when restricted stock units (RSUs) vested and were settled on May 5, 2026. The Form 4 reports the conversion/settlement of these derivative awards (transaction code M). No cash purchase or open-market sale was reported — this was the receipt of compensation shares, not a sale.
Key Details
- Transaction date: RSU vesting on 5/4/2026; settlement into shares on 5/5/2026. Form 4 filed on 5/7/2026.
- Price per share: Not applicable / not reported for this settlement.
- Shares received: 2,313 common shares (settlement of 2,313 RSUs).
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes: F1 — each RSU converts to one share at settlement. F2 — RSUs vested 5/4/26 and were settled 5/5/26.
- Timeliness: Filed two days after settlement (appears timely under Form 4 rules).
Context
This was a routine compensation-related settlement of RSUs (an award converting to stock on vesting), not an open-market purchase or a sale. Such awards reflect previously granted equity compensation and do not by themselves indicate a trading decision or change in insider sentiment. No immediate sale of the newly received shares was reported in this filing.