Byline Bancorp (BY) exec reports stock grants and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BYLINE BANCORP, INC. Head of Commercial Banking Brogan Ptacin reported mixed equity compensation activity in company stock. On February 22, 2026, Ptacin acquired 3,866 and 2,415 shares of common stock through grants at $0.00 per share, including performance-vesting shares and restricted stock that vests over three years.
On the same date, 1,338 and 858 shares of common stock were disposed of at $33.13 per share to cover tax liabilities by delivering shares, rather than open‑market sales. After these transactions, Ptacin reported 25,859 shares of common stock held directly, 27,200 shares held indirectly through a revocable trust, and 9,450 stock options held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ptacin Brogan
Role
HEAD OF COMMERCIAL BANKING
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 3,866 | $0.00 | -- |
| Tax Withholding | Common stock | 1,338 | $33.13 | $44K |
| Grant/Award | Common stock | 2,415 | $0.00 | -- |
| Tax Withholding | Common stock | 858 | $33.13 | $28K |
| holding | Stock Option | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 25,640 shares (Direct);
Stock Option — 9,450 shares (Direct);
Common stock — 27,200 shares (Indirect, By Brogan M. Ptacin Rev Trust Dtd 3/24/2004 Brogan M. Ptacin TTEE)
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 did BY (Byline Bancorp) executive Brogan Ptacin report in this Form 4?
Brogan Ptacin reported stock grants and related tax-withholding dispositions in Byline Bancorp common stock. The filing shows new performance-vesting and restricted share awards, plus shares withheld at $33.13 per share to satisfy tax obligations instead of cash payments.
What derivative BY securities does Brogan Ptacin report holding?
Brogan Ptacin reports holding 9,450 BY stock options as a derivative security. These options are listed as directly owned, and the total reflects holdings after the transactions on February 22, 2026, with no new option transactions reported in this filing.
What do the footnotes in Brogan Ptacin’s BY Form 4 explain?
The footnotes explain that part of the acquired BY shares are performance-vesting shares earned from a prior performance grant, and another portion are restricted shares that will time-vest over three years, subject to Ptacin’s continued employment with Byline Bancorp.