Form 4: Byrna Technologies Inc. Corporate Secretary Lisa Wager Sells 12,500 Shares
SEC Filing (Form 4)
Lisa Wager, Corporate Secretary and CGO of Byrna Technologies Inc., sold 12,500 shares of common stock on February 20, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 20, 2025, Lisa Wager, the Corporate Secretary and CGO of Byrna Technologies Inc., sold 12,500 shares of the company's common stock.
- The sale was executed at a weighted average price of $29.3835 per share, with individual prices ranging from $27.32 to $30.55.
- The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on November 22, 2024.
- Following the transaction, Lisa Wager directly owns 212,055 shares of Byrna Technologies Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction under a pre-existing plan. It doesn't inherently indicate positive or negative prospects for the company.
Industry Context
Insider sales are a common occurrence and are often viewed in the context of the individual's personal financial planning. 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 could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 11/22/2024 | Date the 10b5-1 trading plan was adopted. |
| 02/20/2025 | Date of the stock sale transaction. |
| 02/21/2025 | Date of the Form 4 filing. |
Keywords
Form 4, Byrna Technologies Inc., Lisa Wager, stock sale, 10b5-1 plan, insider trading, BYRN, Corporate Secretary, CGO
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