Byline Bancorp insider sells 300,000 shares to issuer
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Byline Bancorp, Inc. director and ten percent owner Antonio Del Valle Perochena reported an indirect sale of 300,000 shares of common stock at $39.10 per share on August 7, 2026, executed by MBG Investors I, L.P. under a Stock Repurchase Agreement with the issuer. Following this transaction, indirect holdings reported were 11,535,145 shares, with an additional 40,808 shares held directly.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock F1 | 300,000 | $39.10 | $11.73M |
| holding | Common stock | -- | -- | -- |
Footnotes (1)
- F1. Sale to and repurchase by Byline Bancorp, Inc. ("the Issuer") of 300,000 shares of Common Stock (the "Shares") pursuant to a Stock Repurchase Agreement (the "Stock Repurchase Agreement") dated as of August 7, 2026 between MBG Investors I, L.P. and the Issuer. Under the Stock Repurchase Agreement, the Issuer agreed to purchase the Shares at a price of $39.10 per Share, which price was determined based on the five (5) day average closing price for the Common Stock on the NYSE for the period from July 27, 2026 through July 31, 2026.
Key Figures
Key Terms
Stock Repurchase Agreement financial
five (5) day average closing price financial
ten percent owner regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BY report for Antonio Del Valle Perochena?
Was the BY insider sale conducted under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.