Robert L. Scott - Dec 20, 2023 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
Director
Signature
/s/ Deana L. McPherson, as attorney-in-fact
Stock symbol
SWBI
Transactions as of
Dec 20, 2023
Transactions value $
-$26,800
Form type
4
Date filed
12/22/2023, 04:43 PM
Previous filing
Nov 22, 2023
Next filing
Jan 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Sale -$26.8K -2K -2.51% $13.40 77.6K Dec 20, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a 10b5-1 Sales Plan dated June 28, 2023.