Bryan Ganz - Sep 12, 2024 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Role
President and CEO, Director
Signature
/s/ Lisa Klein Wager by Power of Attorney
Stock symbol
BYRN
Transactions as of
Sep 12, 2024
Transactions value $
-$368,374
Form type
4
Date filed
9/13/2024, 07:02 PM
Previous filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Sale -$368K -22.6K -4.9% $16.33 438K Sep 5, 2024 By Northeast Industrial Partners LLC F1, F2
holding BYRN Common Stock 880K Sep 12, 2024 Direct
holding BYRN Common Stock 3.8K Sep 12, 2024 By Li Zhang F3
holding BYRN Common Stock 70.8K Sep 12, 2024 By the Judith L. Ganz Trust VA 04-23-2015 F2
* 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 April 8, 2024, in multiple transactions at prices ranging from $15.40 to $16.47. The reported sale price of $16.3301 represents the weighted average price of the 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 each transaction.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of their beneficial ownership for purposes of Section 16 or for any other purpose.
F3 Ms. Zhang is married to the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of their beneficial ownership for purposes of Section 16 or for any other purpose.