---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-005692"
form_type: "8-K"
ticker: "BYRN"
cik: "0001354866"
company_name: "Byrna Technologies Inc."
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:19:28.225202+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Byrna Technologies enters separation agreement with outgoing COO Michael Gillespie

## Summary
- COO Michael Gillespie's resignation effective May 31, 2022, as previously reported.
- Separation includes pro-rated bonus of $121,870 and additional bonus of $183,331 for forfeited RSUs.
- Company will pay COBRA costs through Dec 2022 and engage as consultant at $24,000/month for three months.
- Gillespie signed 12-month non-compete and general release in exchange for severance benefits.

## SEC filing metadata
- accession: 0001437749-22-005692
- form_type: 8-K
- ticker: BYRN
- cik: 0001354866
- company_name: Byrna Technologies Inc.
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1354866/000143774922005692/0001437749-22-005692-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1354866/000143774922005692/byrn20220303_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-005692
- JSON: https://secwatch.observer/filing/0001437749-22-005692.json
- Plain text: https://secwatch.observer/filing/0001437749-22-005692.txt

## Key facts
- Executive change
  Michael Gillespie resigned as Chief Operating Officer at Byrna Technologies Inc..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: Michael Gillespie, the Chief Operating Officer of Byrna Technologies Inc. (the “Company”), notified the Company on February 15, 2022 that he would resign as Chief Operating Officer effective as of May 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1354866/000143774922005692/0001437749-22-005692-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.