Brasseur John sold BYRN
October 18, 2024 · Form 4 insider transaction
Brasseur John sold 4,435 shares of Byrna Technologies Inc. at $15.25 per share, a transaction worth $67.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 154 days after the transaction.
Footnotes
In accordance with the terms of the Company's Amended and Restated 2020 Incentive Equity Plan and the Restricted Stock Unit Award Agreement, the Reporting Owner forfeited rights to 4,435 shares of the Company's common stock due to him as part of the RSU settlement to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units. There was no market transaction in connection with this forfeiture. Reporting owner was issued the net number of shares (5,565) reflecting the 10,000 rsus settlement net of the 4,435 shares withhdeld for taxes calculated at the prior day's closing price of $15.25.