Herbert Hughes - May 21, 2024 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Role
Director
Signature
/s/ Lisa Klein Wager by Power of Attorney
Stock symbol
BYRN
Transactions as of
May 21, 2024
Transactions value $
-$98,584
Form type
4
Date filed
5/21/2024, 08:00 PM
Previous filing
Feb 22, 2024
Next filing
Jul 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Sale -$98.6K -8.84K -6.43% $11.16 129K May 21, 2024 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 in multiple transactions, pursuant to a 10b5-1 plan adopted February 21, 2024, ranging from $10.91 to $11.49. The stated price of $11.1571 represents the weighted average price of the purchases. The Reporting Person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.