---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-026206"
form_type: "8-K"
ticker: "BYRN"
cik: "0001354866"
company_name: "Byrna Technologies Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:33:39.418545+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Byrna enters new CEO employment agreement with Bryan Ganz; $495k base salary and 600k RSUs with performance vesting

## Summary
- Annual base salary of $495,000 with target bonus of 100% of base salary for fiscal year, effective Sept 1, 2023.
- Grant of 600,000 restricted stock units on Dec 1, 2023, vesting based on stock price targets of $6, $9, and $12 per share.
- Agreement runs through Aug 31, 2026, with severance provisions including 12 months base pay plus 50% of target bonus upon termination without cause or for good reason.
- RSUs subject to double trigger: stock price achievement and CEO service through end date, with accelerated vesting for certain termination events.

## SEC filing metadata
- accession: 0001437749-23-026206
- form_type: 8-K
- ticker: BYRN
- cik: 0001354866
- company_name: Byrna Technologies Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1354866/000143774923026206/0001437749-23-026206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1354866/000143774923026206/byrn20230915_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-026206
- JSON: https://secwatch.observer/filing/0001437749-23-026206.json
- Plain text: https://secwatch.observer/filing/0001437749-23-026206.txt

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