Bryan Ganz, who previously served as President, Chief Executive Officer and a director of Byrna Technologies Inc (NASDAQ:BYRN), reported a purchase of 1,500 shares of the company’s common stock on April 15, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The filing shows the shares were acquired across multiple transactions at prices ranging from $6.535 to $6.61 per share, yielding an average cost of $6.56 per share and a total outlay of $9,840.
The insider purchase comes as the company’s stock has experienced marked declines recently. Data cited in the filing indicates the shares fell 35% over the past week and 74% over the past six months, per InvestingPro.
Following this reported acquisition, Ganz’s direct holdings in Byrna Technologies total 382,673 shares. The filing also details several indirect holdings attributed to him: 469,233 shares through BSG Family Investment LLC, 288,059 shares through Northeast Industrial Partners LLC, 3,800 shares through Li Zhang, and 70,753 shares through the Judith L. Ganz Trust VA 04-23-2015.
InvestingPro analysis included in the filing notes the stock is considered undervalued by that platform, with further details available within its Pro Research Report.
These insider transactions arrive in the wake of Byrna Technologies’ reported first-quarter 2026 financial results, which missed analyst expectations. The company reported earnings per share of $0.03 for the quarter, below the expected $0.09, representing a negative surprise of 66.67%. Quarterly revenue was reported at $29.05 million, short of the $30.1 million analysts anticipated.
Separately, Byrna announced a management change with the promotion of Matthew Campagni to Chief Strategy Officer. Campagni, who joined the company in 2024 as Vice President of Corporate Development, will now lead strategic planning initiatives.
Collectively, the insider purchase, recent financial results and the executive promotion present multiple signals for market participants to weigh. The Form 4 filing documents the precise transaction details and updates on Ganz’s ownership stakes, while corporate disclosures record the company’s latest operating performance and leadership adjustments.
Where available, the filings and company announcements provide the factual record of transactions, results and appointments. The information above reflects those disclosures and company filings without additional interpretation.