Form 4: Byrna Technologies CEO Bryan Ganz Sells 50,000 Shares

Bryan Ganz, President and CEO of Byrna Technologies, sold 50,000 shares of common stock on February 20, 2025, at a weighted average price of $29.3704 per share.

Summary

• Bryan Ganz, the President and CEO of Byrna Technologies, sold 50,000 shares of the company's common stock on February 20, 2025.
• The sales were executed under a pre-arranged 10b5-1 trading plan adopted on November 21, 2024.
• The shares were sold at prices ranging from $27.31 to $30.55, with a weighted average price of $29.3704.
• Following the transaction, Ganz directly owns 880,406 shares of Byrna Technologies.
• Ganz also has indirect ownership through Northeast Industrial Partners LLC (328,059 shares), Li Zhang (3,800 shares), and the Judith L. Ganz Trust VA 04-23-2015 (70,753 shares).
• Ganz disclaims beneficial ownership of shares held by Northeast Industrial Partners LLC, Li Zhang, and the Judith L. Ganz Trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale. The use of a 10b5-1 plan suggests the sale was pre-planned and doesn't necessarily reflect a negative outlook on the company.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Byrna Technologies, Bryan Ganz, stock sale, Form 4, insider trading, 10b5-1 plan, BYRN