Form 4: Byrna Technologies COO John Brasseur Settles Restricted Stock Units

John Brasseur, COO of Byrna Technologies, settled 10,000 restricted stock units (RSUs) for common stock and forfeited shares to cover tax obligations.

Summary

• On October 18, 2024, John Brasseur, the Chief Operating Officer of Byrna Technologies Inc., settled 10,000 restricted stock units (RSUs) into common stock.
• Brasseur also forfeited 4,435 shares to cover withholding tax obligations related to the RSU settlement.
• The forfeiture was calculated based on a price of $15.25 per share.
• Following these transactions, Brasseur directly owns 8,340 shares of Byrna Technologies Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's a standard practice for publicly traded companies to ensure compliance with SEC regulations.

Stakeholder Impact

• The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares from the RSU settlement.

Key Dates

Keywords

Byrna Technologies, John Brasseur, restricted stock units, RSU settlement, Form 4, insider trading, beneficial ownership, common stock