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

Signature
/s/ Lisa Klein Wager
Stock symbol
BYRN
Transactions as of
May 21, 2024
Transactions value $
-$93,407
Form type
4
Date filed
5/21/2024, 08:02 PM
Previous filing
Mar 14, 2024
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Sale -$93.4K -8.33K -3.13% $11.21 258K 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 sales were made pursuant to a 10b5-1 plan adopted February 21, 2024 in multiple transactions ranging from $10.89 to $11.46. The reported price of $11.2093 represents the weighted average price of those transactions. 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.