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

Lisa Wager, Corporate Secretary and CGO of Byrna Technologies, sold 8,333 shares of common stock at a weighted average price of $11.2093 per share on May 21, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 21, 2024, Lisa Wager, the Corporate Secretary and CGO of Byrna Technologies Inc., sold 8,333 shares of the company's common stock.
• The sale was executed at a weighted average price of $11.2093 per share, with individual transactions ranging from $10.89 to $11.46.
• The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on February 21, 2024.
• Following the reported transaction, Lisa Wager directly owns 257,887 shares of Byrna Technologies Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating an insider 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. Therefore, the sentiment is neutral.

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 sale of shares by a company officer could be perceived negatively by some shareholders, although the use of a 10b5-1 plan mitigates this concern.

Key Dates