secwatch.observer — SEC 8-K summary
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Issuer:     Byrna Technologies Inc. (BYRN)
CIK:        0001354866
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001437749-22-005692
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Byrna Technologies enters separation agreement with outgoing COO Michael Gillespie
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1354866/000143774922005692/0001437749-22-005692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1354866/000143774922005692/byrn20220303_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-005692

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer