Byline CEO reports stock grants and tax share disposals
BYLINE BANCORP, INC.
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Rhea-AI Filing Summary
BYLINE BANCORP, INC. Chief Executive Officer Roberto R. Herencia reported a mix of stock awards and tax-related share dispositions in common stock. He acquired 24,809 shares earned upon performance-vesting of a prior performance share grant and 29,870 restricted shares that will vest over three years, both at no cash price.
To cover tax obligations by delivering shares, he disposed of 7,289 shares and 9,898 shares at a price of $33.13 per share. After these direct transactions, he reported direct ownership of 431,393 common shares, plus additional indirect holdings through a defined benefit plan and a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 24,809 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 7,289 | $33.13 | $241K |
| Grant/Award | Common stock | 29,870 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 9,898 | $33.13 | $328K |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
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 CEO Roberto Herencia report on this Form 4?
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