Byline Bancorp president granted stock, shares withheld
Byline Bancorp, Inc. president Alberto J. Paracchini reported stock-based compensation transactions in company common stock.
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Rhea-AI Filing Summary
Byline Bancorp, Inc. president Alberto J. Paracchini reported stock-based compensation transactions in company common stock. He acquired 11,303 shares from a performance-vesting award and 8,029 restricted shares that will vest over three years, subject to continued employment.
To cover taxes on these awards, 3,415 shares and 2,743 shares were disposed of at $33.13 per share through share withholding rather than open-market sales. After these transactions, he directly held 194,276 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 11,303 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 3,415 | $33.13 | $113K |
| Grant/Award | Common stock | 8,029 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 2,743 | $33.13 | $91K |
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
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What insider transactions did BY president Alberto Paracchini report on this Form 4?
What types of stock awards did BY’s president receive in this filing?
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