March 17, 2026 · Form 4 insider transaction
Pham Luan bought 10,405 shares of BYRNA TECHNOLOGIES INC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Byrna Technologies Inc. (the "Issuer").; The RSUs were granted in connection with the Reporting Person's promotion to President of the Issuer. Pursuant to the terms of an offer letter entered into effective March 17, 2026 (the "Agreement") and attached as an exhibit to the Form 8-K filed by the Issuer on March 19, 2026, the vesting of the RSUs is conditioned upon (i) the volume-weighted average price of the Issuer's common stock over the final 90 days of a one-year performance period equaling or exceeding 125% of the Issuer's closing stock price on March 16, 2026, and (ii) the Reporting Person's continuous service to the Issuer through March 17, 2027, subject to acceleration upon certain terminations following a change of control of the Issuer.