KEARNES LAURILEE 4

4 · Byrna Technologies Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 19, 2026

Byrna (BYRN) CFO Laurilee Kearnes Receives RSU Awards

What Happened

Laurilee Kearnes, Chief Financial Officer of Byrna Technologies Inc. (BYRN), received two restricted stock unit (RSU) awards on March 17, 2026: 18,210 RSUs (award A) and a second 18,210 RSUs (award A), for a total of 36,420 RSUs. Each RSU represents the contingent right to one share of BYRN common stock. The awards were granted at $0.00 (no immediate purchase price or cash proceeds).

Key Details

Transaction date: March 17, 2026; Form 4 filed March 18, 2026 (timely).
Award type/code: A = Grant/Award (RSU, derivative).
Shares granted: 18,210 + 18,210 = 36,420 RSUs; exercise/issue price: $0.00.
Shares owned after transaction: Not specified in the provided filing excerpt.
Vesting/conditions:
- First award (footnote F2): Time-based vesting in three equal tranches on Mar 17, 2027; Mar 2, 2028; and Mar 2, 2029, subject to continued service. Acceleration on death/disability or certain change-of-control terminations.
- Second award (footnote F3): Performance-based; vests on Nov 30, 2028 only if preset revenue targets for fiscal year ending Nov 30, 2027 are met and the reporting person remains employed through Nov 30, 2028 (with limited post-2027 termination carve-outs). Similar acceleration provisions apply.
No sale or purchase occurred—these are compensation awards (not an open-market trade).

Context

RSUs are common compensation for executives; they convert to shares only if vesting conditions are met. Performance RSUs may never vest if targets aren't achieved, so they are not the same as an outright purchase (which might be interpreted as a bullish signal).
Because these are awards, they reflect compensation policy rather than an immediate personal investment decision by the insider.

Form 4

Period: 2026-03-17

Chief Financial Officer

Transactions

Award
Restricted Stock Units
[F1][F2][F3]
2026-03-17+18,210→ 18,210 total
→ Common Stock (18,210 underlying)
Award
Restricted Stock Units
[F1][F3]
2026-03-17+18,210→ 18,210 total
→ Common Stock (18,210 underlying)

Footnotes (3)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Byrna Technologies Inc. (the "Issuer").
[F2]The RSUs were granted pursuant to the Issuer's Long Term Incentive Program. They vest in three equal tranches on March 17, 2027, March 2, 2028 and March 2, 2029, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. Such vesting will be accelerated upon the death or disability of the Reporting Person or upon the termination of the Reporting Person without cause or resignation by the Reporting Person for good reason within 12 months following a qualifying change of control transaction.
[F3]The RSUs were granted pursuant to the Issuer's Long Term Incentive Program. They are performance-based and will vest on November 30, 2028 if and to the extent that (a) the Issuer achieves preset revenue levels for its fiscal year ending November 30, 2027 and (b) the Reporting Person (i) remains employed by the Issuer through November 30, 2028 or (ii) is terminated without cause after November 30, 2027. Such vesting will be accelerated upon the death or disability of the Reporting Person or upon the termination of the Reporting Person without cause or resignation by the Reporting Person for good reason within 12 months following a qualifying change of control transaction.

Signature

/s/ Lisa Klein Wager by power of attorney|2026-03-18

1 file