Byline Bancorp (BY) repurchases 300,000 insider shares at $39.10 each
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 300,000 shares
Net Sell
2 txns
Insider
DEL VALLE PEROCHENA ANTONIO
Role
Director, 10% Owner
Sold
300,000 shs ($11.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock F1 | 300,000 | $39.10 | $11.73M |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 11,535,145 shares (Indirect, By MBG Investors I, L.P.);
Common stock — 40,808 shares (Direct)
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
Shares sold: 300,000 shares
Sale price per share: $39.10 per share
Indirect holdings after transaction: 11,535,145 shares
+2 more
5 metrics
Shares sold
300,000 shares
Common stock repurchased by issuer on August 7, 2026
Sale price per share
$39.10 per share
Price under Stock Repurchase Agreement for the 300,000 shares
Indirect holdings after transaction
11,535,145 shares
Common stock held indirectly via MBG Investors I, L.P. after sale
Direct holdings after transaction
40,808 shares
Common stock held directly after reported transactions
Pricing reference period
July 27–31, 2026
Five-day NYSE average used to set $39.10 repurchase price
Key Terms
Stock Repurchase Agreement, five (5) day average closing price, ten percent owner
3 terms
Stock Repurchase Agreement financial
"pursuant to a Stock Repurchase Agreement (the "Stock Repurchase Agreement") dated as of"
five (5) day average closing price financial
"price was determined based on the five (5) day average closing price for"
ten percent owner regulatory
"reporting person is marked as a director and ten percent owner"
FAQ
What insider transaction did BY report for Antonio Del Valle Perochena?
Antonio Del Valle Perochena reported an indirect sale of 300,000 BY common shares on August 7, 2026, at $39.10 per share, executed via MBG Investors I, L.P. in a repurchase by Byline Bancorp.
Was the BY insider sale conducted under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as a 10b5-1 plan, and the footnote describes a negotiated Stock Repurchase Agreement rather than a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.