Byline Bancorp (NYSE: BY) 10% holder sells 300,000 shares to issuer
Rhea-AI Filing Summary
MBG Investors I, L.P., a 10% owner of Byline Bancorp, Inc., reported a sale of 300,000 shares of common stock on August 7, 2026. The shares were sold to and repurchased by Byline Bancorp under a Stock Repurchase Agreement at $39.10 per share, a price based on the five-day average NYSE closing price from July 27–31, 2026. Following this transaction, MBG Investors I, L.P. directly holds 11,535,145 shares. Antonio del Valle Perochena, the general partner with a 16.68% partnership interest, has sole voting and investment power but disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary
Net Seller: 300,000 shares
Net Sell
1 txn
Insider
MBG INVESTORS I, L.P.
Role
10% Owner
Sold
300,000 shs ($11.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock F1, F2 | 300,000 | $39.10 | $11.73M |
Holdings After Transaction:
Common stock — 11,535,145 shares (Direct)
Footnotes (2)
- 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.
- F2. Mr. Antonio del Valle Perochena is the general partner of MBG Investors I, L.P. and possesses sole voting and investment power with respect to the shares of common stock held by MBG Investors I, L.P. Mr. del Valle Perochena owns 16.68% of the partnership interests of MBG Investors I, L.P. Mr. del Valle Perochena disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such disclaimed shares of common stock for purposes of Section 16 or for any other purpose. The address for MBG Investors I, L.P. is 365 Bay Street, Suite 800, M5H2V1 Toronto, Ontario, Canada.
Key Figures
Shares sold: 300,000 shares
Sale price per share: $39.10 per share
Shares held after transaction: 11,535,145 shares
+1 more
4 metrics
Shares sold
300,000 shares
Common stock sold by MBG Investors I, L.P. on August 7, 2026
Sale price per share
$39.10 per share
Price under Stock Repurchase Agreement based on five-day NYSE average
Shares held after transaction
11,535,145 shares
Direct ownership of Byline Bancorp common stock by MBG Investors I, L.P. after sale
General partner interest
16.68%
Partnership interest of Antonio del Valle Perochena in MBG Investors I, L.P.
Key Terms
Stock Repurchase Agreement, five (5) day average closing price, beneficial ownership, pecuniary interest
4 terms
Stock Repurchase Agreement financial
"pursuant to a Stock Repurchase Agreement (the "Stock Repurchase Agreement") dated as of August 7, 2026"
five (5) day average closing price financial
"price was determined based on the five (5) day average closing price for the Common Stock"
beneficial ownership regulatory
"disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission"
FAQ
What insider transaction did BY (Byline Bancorp, Inc.) report from MBG Investors I, L.P.?
Byline Bancorp, Inc. reported that MBG Investors I, L.P. sold 300,000 shares of its common stock on August 7, 2026. The shares were repurchased by Byline Bancorp under a Stock Repurchase Agreement at a set price per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.