Filing Analysis
Byrna Technologies Inc. announced its financial results for the first fiscal quarter ended February 28, 2026. The disclosure was made via a press release furnished as an exhibit to the 8-K filing.
Key Facts
- Reporting period: First fiscal quarter ended February 28, 2026.
- Filing date: April 9, 2026.
- The information was furnished under Item 2.02 (Results of Operations and Financial Condition).
- The report was signed by Laurilee Kearnes, Chief Financial Officer.
Director Emily Rooney notified Byrna Technologies on April 3, 2026, of her decision not to stand for re-election at the 2026 Annual Meeting of Stockholders. The company confirmed that her departure is not due to any disagreement regarding operations, policies, or practices.
Key Facts
- Emily Rooney has served on the Board of Directors since October 1, 2021.
- Ms. Rooney served as Chair of the Product Safety Committee.
- She was also a member of the Nominating and Governance Committee and the Ad Hoc Search and Succession Committee.
- The notification of non-re-election occurred on April 3, 2026.
- The company explicitly stated there were no disagreements leading to the departure.
Byrna Technologies Inc. furnished an updated investor presentation on March 23, 2026, for use in upcoming meetings with investors. The filing is a standard Regulation FD disclosure and does not contain material non-public information that would trigger higher severity.
Key Facts
- The filing was made under Item 7.01 (Regulation FD Disclosure) on March 23, 2026.
- The primary exhibit is an updated Investor Presentation (Exhibit 99.1).
- The report was signed by Laurilee Kearnes, the Chief Financial Officer.
- The information provided is furnished and not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
Byrna Technologies Inc. has promoted Luan Pham to the role of President, effective March 17, 2026. Mr. Pham, an internal hire who previously served as Chief Revenue and Marketing Officer, will oversee management and strategy under CEO Conn Davis with a compensation package heavily weighted toward performance-based equity.
Key Facts
- Luan Pham (54) promoted from Chief Revenue and Marketing Officer to President, reporting to CEO Conn Davis.
- Annual base salary set at $380,000 with a target short-term incentive of 80% ($304,000).
- 2026 annual long-term incentive grant established with a target value of at least $380,000, split 50/50 between RSUs and PSUs.
- Special promotion retention award of 20,810 shares granted, with half (10,405 PSUs) requiring the stock price to exceed 125% of the March 16, 2026 closing price over a 90-day period.
- Pham has been with the company since January 2021 and previously held senior roles at Laird Superfood, Golf Digest, and Ralph Lauren.
- Severance terms include 1.0x base salary for standard qualifying termination and 1.5x base plus bonus for change-in-control termination.
Byrna Technologies Inc. announced preliminary revenue expectations for its first fiscal quarter ended February 28, 2026, via a press release on March 9, 2026.
Key Facts
- The filing reports preliminary revenue expectations for the fiscal quarter ended February 28, 2026.
- The information was disclosed under Item 2.02 (Results of Operations and Financial Condition).
- A press release detailing the expectations was furnished as Exhibit 99.1.
- The report was signed by CFO Laurilee Kearnes on March 9, 2026.
Byrna Technologies announced a leadership transition where Bryan Ganz retired as CEO and Director, replaced by Conn Davis effective March 2, 2026. The company also appointed TJ Kennedy as the new Board Chair, succeeding Herbert Hughes.
Key Facts
- Bryan Ganz retired as CEO and resigned from the Board effective March 2, 2026, under a 'Qualified Retirement' provision.
- Conn Davis was appointed as the new CEO and a Director with an initial base salary of $450,000 and a target annual bonus of 100%.
- TJ Kennedy was elected Chair of the Board, replacing Herbert Hughes who remains a director.
- Outgoing CEO Bryan Ganz will receive a prorated bonus of $123,750 and has 545,000 RSUs confirmed as vested.
- Ganz entered into a 30-day advisory agreement with the company for a fee of $41,250.
- New CEO Conn Davis received a $750,000 target annual equity award and a $250,000 performance-based new-hire equity award.