BYLINE BANCORP (NYSE: BY) CFO gets stock awards and uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BYLINE BANCORP, INC. executive vice president and chief financial officer Thomas J. Bell III reported equity compensation transactions in common stock. On February 22, 2026, he acquired 5,849 shares earned from a performance-vesting award and 5,547 restricted shares that will vest over three years, both at no cash cost to him. On the same date, he disposed of 2,731 shares and 2,328 shares at $33.13 per share to cover tax obligations by delivering stock rather than paying cash. After these grant and tax-withholding transactions, he directly owned 57,374 shares of BY common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Bell Thomas J III
Role
EVP CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 5,849 | $0.00 | -- |
| Tax Withholding | Common stock | 2,731 | $33.13 | $90K |
| Grant/Award | Common stock | 5,547 | $0.00 | -- |
| Tax Withholding | Common stock | 2,328 | $33.13 | $77K |
Holdings After Transaction:
Common stock — 56,886 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock earned upon performance-vesting of a previously awarded performance share grant. Represents restricted shares of Common Stock that will time vest over three years subject to continued employment with the issuer.
FAQ
What insider transactions did BY EVP CFO Thomas J. Bell III report?
Thomas J. Bell III reported equity compensation transactions in BY common stock. He received performance-based and restricted share grants and delivered some shares at $33.13 each to satisfy related tax obligations, rather than conducting open-market purchases or discretionary sales.
What types of equity awards did BY grant to its CFO in this transaction?
The filing shows two types of equity awards to the CFO. One is performance-vested common stock earned from a prior performance share grant, and the other is restricted common stock that will time-vest over three years, subject to his continued employment with BY.
Were the BY CFO’s reported transactions open-market stock purchases or sales?
The transactions were not open-market buys or discretionary sales. They consisted of equity compensation grants—both performance-vested and restricted shares—and tax-withholding dispositions, where shares were delivered at $33.13 each to satisfy tax liabilities on those awards.