Director Herbert Hughes filed a statement of changes in beneficial ownership with the SEC on November 9, 2026, disclosing the grant of 25,848 restricted stock units by Byrna Technologies Inc. on November 7, 2026.

Key Highlights

  • Recipient: Herbert Hughes, a director of Byrna Technologies Inc. (NASDAQ:BYRN), received the grant.
  • Grant size: 25,848 restricted stock units were acquired on November 7, 2026, at a price of $0.
  • Underlying security: Each restricted stock unit represents the right to receive one share of common stock or cash at settlement.
  • Vesting condition: Units vest on the earlier of the one-year anniversary of grant or the 2027 Annual Meeting of Shareholders, provided it is held no less than 50 weeks after the 2026 Annual Meeting.
  • Settlement deadline: Units are required to be settled by March 15 of the year following vesting.
  • Post-grant holdings: Hughes beneficially owns 25,848 derivative securities directly following this transaction.

Director Compensation Grant Details for the 2026-2027 Annual Meeting Cycle

According to the filing, the 25,848 restricted stock units were granted to Herbert Hughes on November 7, 2026, as part of his base compensation for the 2026-2027 Annual Meeting cycle. The transaction code recorded is "A," indicating an acquisition. The filing identifies Hughes solely as a director of Byrna Technologies Inc., the developer of less-lethal personal security devices traded on NASDAQ under the symbol BYRN.

The filing states that each restricted stock unit "represents the right to receive, at settlement, one share of common stock or cash." Vesting is conditioned on continued service to the vesting date, which the filing specifies as the earlier of the one-year anniversary of the November 7, 2026 grant date or the date of the 2027 Annual Meeting of Shareholders, subject to that meeting being held no less than 50 weeks after the 2026 Annual Meeting. Settlement must occur by March 15 of the year following the vesting date, according to the filing. The grant was made at a price of $0, and Hughes's direct beneficial ownership of derivative securities following the transaction stands at 25,848 units, as reported in Table II of the filing.

The filing was signed by Lisa Klein Wager under a power of attorney on behalf of Hughes and was dated November 9, 2026. No non-derivative securities transactions were reported in Table I of this filing, and no amendment date was indicated, suggesting this is an original filing rather than a correction to a prior submission.

What Was Disclosed

The filing disclosed a grant of 25,848 restricted stock units to Byrna Technologies director Herbert Hughes on November 7, 2026, representing director base compensation for the 2026-2027 Annual Meeting cycle, with vesting tied to service and settlement required by March 15 of the following year.