Byline Bancorp EVP gets stock grants, covers taxes
BYLINE BANCORP, INC. executive Megan Biggam, EVP Head of Community Banking, reported a mix of stock awards and related tax share withholdings in common stock.
Rhea-AI Filing Summary
BYLINE BANCORP, INC. executive Megan Biggam, EVP Head of Community Banking, reported a mix of stock awards and related tax share withholdings in common stock. She acquired 2,231 shares and 1,916 shares through grants with no cash paid per share.
The filing also shows disposals of 772 shares and 678 shares at $33.13 per share to satisfy tax obligations by delivering shares, rather than an open-market sale. Footnotes explain that one grant reflects performance-vested shares and another consists of restricted shares that time-vest over three years subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 2,231 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 772 | $33.13 | $26K |
| Grant/Award | Common stock | 1,916 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 678 | $33.13 | $22K |
Footnotes (2)
- F1. Represents shares of Common Stock earned upon performance-vesting of a previously awarded performance share grant.
- F2. Represents restricted shares of Common Stock that will time vest over three years subject to continued employment with the issuer.
FAQ
What did BY (Byline Bancorp) executive Megan Biggam report on this Form 4?
What do the Form 4 footnotes say about Megan Biggam’s BY stock awards?
Is Megan Biggam’s BY stock ownership direct or indirect in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.