Form 4: Byrna Technologies Inc. Director Herbert Hughes Sells Shares Under 10b5-1 Plan

Director Herbert Hughes sold 12,000 shares of Byrna Technologies Inc. common stock on February 20, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 20, 2025, Herbert Hughes, a director of Byrna Technologies Inc., sold 12,000 shares of common stock.
• The sale was executed under a 10b5-1 trading plan adopted on November 22, 2024.
• The shares were sold at prices ranging from $27.31 to $30.55, with a weighted average price of $29.4885.
• Following the transaction, Hughes directly owns 135,226 shares of Byrna Technologies Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, as the sale was pre-planned under a 10b5-1 plan.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned, especially when executed under a 10b5-1 plan. These plans allow insiders to sell shares over a period of time without being accused of trading on non-public information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Byrna Technologies Inc., Herbert Hughes, 10b5-1 plan, insider trading, stock sale, BYRN, director