Byrna (BYRN) Chairman TJ Kennedy Receives 4,379-Share RSU Settlement

What Happened TJ Kennedy, Chairman of the Board of Byrna Technologies (BYRN), had 4,379 restricted stock units (RSUs) convert into 4,379 shares of common stock on July 29, 2026. The Form 4 records this as an exercise/conversion of a derivative (code M) resulting in acquisition of 4,379 shares and a corresponding disposition entry at $0.00 — consistent with RSU settlement rather than an open‑market sale or cash purchase. No cash changed hands in the reported settlement.

Key Details

• Transaction date: July 29, 2026; Filing date (Form 4): July 31, 2026 (filed within the usual two-business-day window).
• Reported entries: 4,379 shares acquired via exercise/conversion (code M); a related disposition entry of 4,379 shares at $0.00 (reflecting the conversion/settlement).
• Price/Value: $0.00 recorded for the derivative disposition; this reflects RSU settlement terms, not a market sale.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1 — each RSU equals one share at settlement; F2 — RSUs were granted 9/18/2025, vested 7/29/2026, required to be settled by 3/15/2027, and were settled on 7/29/2026.

Context This transaction reflects compensation-related RSU vesting and conversion into common stock, a routine non‑market activity that does not by itself signal a buy or sell decision. The Form 4 shows a derivative conversion (M) and a $0 disposition entry, which is typical when RSUs are settled in shares rather than sold for cash.