Form 4: Byrna Technologies CEO Bryan Ganz Sells Shares Under 10b5-1 Plan

Bryan Ganz, President and CEO of Byrna Technologies, sold 22,558 shares of common stock on September 5, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Bryan Ganz, the President and CEO of Byrna Technologies, sold 22,558 shares of common stock on September 5, 2024.
• The sale was executed under a 10b5-1 trading plan adopted on April 8, 2024.
• The shares were sold at a weighted average price of $16.3301, with individual transactions ranging from $15.40 to $16.47.
• Following the transaction, Ganz directly owns 880,406 shares and indirectly owns shares through Northeast Industrial Partners LLC (438,059 shares), Li Zhang (3,800 shares), and the Judith L. Ganz Trust VA 04-23-2015 (70,753 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under a 10b5-1 plan are generally viewed as less informative.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates