CMO Pham Luan sold 33.5K shares (63.6% of holdings) at $30.19; stock up 18.9% in 30 days, 79.0% in 90 days post-sale.
Pham Luan, Chief Marketing and Revenue Officer, executed a large reduction in BYRN holdings on 2025-02-12, selling 33,483 shares at $30.19 and retaining only 19,148 shares post-transaction. The timing is notable: the stock has appreciated 18.9% over the past 30 days and 79.0% over the past 90 days following his sale, indicating the insider sold ahead of a significant rally. His cross-ticker track record shows 0 well-timed sells across prior transactions, but at this ticker specifically, his two prior buys in July 2023 both declined within 90 days (average 90-day return −10.0%), establishing a pattern of poor entry timing at BYRN. The current price of $32.80 sits 4.1% below the 52-week high, yet remains substantially above the $30.19 sale price, suggesting the disposal may have left material upside unrealized during a momentum-driven period.