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

Role
Director
Signature
/s/ Lisa Klein Wager by Power of Attorney
Issuer symbol
BYRN
Transactions as of
21 May 2024
Net transactions value
-$98,584
Form type
4
Filing time
21 May 2024, 20:00:26 UTC
Previous filing
22 Feb 2024
Next filing
24 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Sale $98,584 -8,836 -6.4% $11.16 128,589 21 May 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.