Form 4: Byrna Technologies Corporate Secretary Lisa Wager Sells Shares Under 10b5-1 Plan

Lisa Wager, Corporate Secretary and CGO of Byrna Technologies, sold 2,450 shares of common stock at an average price of $17.0147 per share on September 18, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On September 18, 2024, Lisa Wager, the Corporate Secretary and CGO of Byrna Technologies Inc., sold 2,450 shares of the company's common stock.
• The sale was executed at a weighted average price of $17.0147 per share, with individual transactions occurring between $17.01 and $17.04.
• The transaction was conducted under a pre-existing 10b5-1 trading plan adopted on February 21, 2024.
• Following the reported transaction, Lisa Wager directly owns 224,555 shares of Byrna Technologies Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a routine disclosure of an insider sale under a pre-arranged plan. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The impact on the stock price is usually minimal unless the sale is unusually large.

Stakeholder Impact

• The sale of shares by an insider could have a minor psychological impact on shareholders, but the effect is likely to be minimal given the pre-planned nature of the transaction.

Key Dates