[Form 4] Byline Bancorp, Inc. Insider Trading Activity
Rhea-AI Filing Summary
William G. Kistner, a director of Byline Bancorp (BY), reported changes in his common stock holdings. The Form 4 records a disposition of 1,036 shares and an apparent acquisition of 60 shares at $25.705 on 08/08/2025. Following the reported transactions he beneficially owns 14,024 shares indirectly through the William G. Kistner Trust dated June 22, 1973.
Positive
- Continued indirect ownership: Reporting person retains 14,024 shares via the William G. Kistner Trust.
- Small purchase reported: Acquisition of 60 shares at $25.705 is disclosed.
Negative
- Insider disposition: Reported sale/disposition of 1,036 shares on the transaction date.
Insights
TL;DR: Small insider sale alongside a minor buy; director retains substantial indirect trust holdings.
The filing documents a single trading date with a 1,036-share disposition and a 60-share acquisition at $25.705. For an investor assessing materiality, the transaction size is modest relative to typical market-cap measures and does not, on its face, indicate a material change in insider ownership. The key datapoint is the 14,024 shares held indirectly via the named trust, which represents the ongoing aligned ownership interest disclosed in this Form 4.
TL;DR: Routine Form 4 reporting of director transactions; disclosure shows continued trust ownership.
The report names William G. Kistner as a director and specifies transactions in common stock on 08/08/2025. The combination of a disposition (1,036 shares) and a small acquisition (60 shares at $25.705) is consistent with routine portfolio activity or rebalancing. The filing also documents 14,024 shares held indirectly through the William G. Kistner Trust (dated June 22, 1973), which is the primary disclosed beneficial holding in this submission.